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Tag Archives: Wes Bush

Forbes Raves About ‘Virginia Mecca’ of Defense Contractors

Forbes.com recently sought out to answer why northern Virginia has become the mecca for military contractors. The publication identifies the 1991 migration of General Dynamics from St. Louis to Falls Church, Va., as the start of a domino effect that has seen the majority of the 20 largest U.S. military contractors …

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Northrop Elects Former Wal-Mart EVP, CFO Thomas Schoewe to Board of Directors; CEO Bush Comments

Northrop Grumman (NYSE: NOC) has elected Thomas M. Schoewe, former executive vice president and chief financial officer of Wal-Mart Stores Inc., to its board of directors. Schoewe served those roles between 2000 and 2010. He previously was senior vice president and CFO for Black and Decker Corp. Schoewe also serves …

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Northrop President, CEO Wes Bush Named Board Chairman

Northrop Grumman‘s (NYSE: NOC) board of directors has elected company CEO and President Wes Bush as its chairman, effective immediately. Bush has served on the board since 2009. At Northrop, he has been president and chief operating officer, corporate vice president and chief financial officer and president of the former space …

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Boeing, Northrop to Release Quarterly Financial Results July 27

Northrop Grumman (NYSE: NOC) will announce its second-quarter 2011 financial results July 27, 2011. The company will hold a conference call that day at 11:30 a.m. EST, which will be webcast live on Northrop Grumman’s website. Participants will include President and CEO Wes Bush and CFO Jim Palmer. Boeing Company (NYSE: BA) will release its …

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Northrop to Webcast Shareholders Meeting

Northrop Grumman Corporation (NYSE: NOC) announced this week its annual shareholders meeting is scheduled for today. Northrop’s CEO Wes Bush will conduct the meeting, which will be webcast at 8 a.m. EST. A replay of the webcast will be available on the company’s website for two weeks.

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Sheila Cheston Takes Over as NGC’s General Counsel, Wes Bush Speaks

Sheila C. Cheston has come on board at Northrop Grumman (NYSE:NOC) to serve as corporate vice president and general counsel. She takes over for Stephen D. Yslas, who is retiring Dec. 31, 2010. Yslas will remain on as corporate vice president with the company until his retirement. “We are delighted …

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Wes Bush Dissects Northrop’s Fiscal Figures

Northrop Grumman (NYSE:NOC) reported the following financial information: “second quarter 2010 earnings from continuing operations increased to $711 million, or $2.34 per diluted share, from $368 million, or $1.13 per diluted share, in the second quarter of 2009. The 2010 second quarter included a tax benefit of $296 million, or …

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Wes Bush, Northrop Grumman Will Settle In Falls Church, Va. After Move East

Northrop Grumman (NYSE:NOC) has picked the facility it will call home after next year’s much-publicized move from California to Virginia. NGC’s corporate headquarters will be located at 2980 Fairview Park Drive, Falls Church, Va. The firm detailed some specifics about potential employment: “Northrop Grumman expects to initiate operations in the …

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Wes Bush on NGC’s $2 Billion Share Repurchase

Northrop Grumman’s (NYSE:NOC) “board of directors has authorized a new program to repurchase up to $2 billion of its outstanding common stock, which represents approximately 11 percent of the company’s current market capitalization.” “Today’s increase in our share repurchase authorization demonstrates our continuing commitment to a balanced cash deployment strategy …

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Thomas Vice Becomes NGC’s Technical Services Lead

Northrop Grumman’s (NYSE:NOC) board of directors has elected Thomas E. Vice corporate vice president and president of its Technical Services sector. He will be set to report to CEO Wes Bush, and will also serve as a member of the company’s Corporate Policy Council. “Tom Vice has successfully taken on …

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