The GovCon Index held lower throughout the trading session Tuesday and closed at a decline of 1.071 percent to 72.599 on earnings misses from two GCI stocks and investor reaction to oil price declines and new trade data out of China. ICF International (Nasdaq: ICFI) dropped 8.37 percent a day after the consulting services company post...
The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the ...
TYSONS CORNER, VA, March 3, 2016 ” Northrop Grumman (NYSE: NOC) is set to receive a potential $44.9 million sole-source contract from the Naval Sea Systems Command to provide laser technology, ExecutiveBiz reported Wednesday. The U.S. Navy said in a notice posted Friday on FedBizOpps that it seeks diode-pumped laser designation technology ...
TYSONS CORNER, VA, March 1, 2016 ” The U.S. Air Force has unveiled the concept design of the future B-21 Long Range Strike Bomber aircraft that Northrop Grumman (NYSE: NOC) will build for the service branch, ExecutiveBiz reported Monday. The Air Force reported Friday Deborah Lee James, secretary of the Air Force, presented the design ...
TYSONS CORNER, VA, February 29, 2016 ” Northrop Grumman (NYSE: NOC) has conducted a flight test of an RQ-4 Global Hawk equipped with the U.S. Air Force‘s SYERS-2 intelligence-gathering sensor, ExecutiveBiz reported Friday. The company said Thursday it used a Universal Payload Adapter to mount the sensor onto the high-altitu...
Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A deal action over t...
The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force™s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accoun...
TYSONS CORNER, VA, February 25, 2016 ” Northrop Grumman (NYSE: NOC) currently works with Oceaneering Space Systems and Made in Space to build a 3D printer with a robotic arm that will work to manufacture space systems on orbit, ExecutiveBiz reported Wednesday. Space News reported Tuesday Northrop will provide software, systems enginee...
The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the&nbs...
TYSONS CORNER, VA, February 24, 2016 ” Ron Foudray, vice president of business development at Northrop Grumman‘s (NYSE: NOC) information systems business, has said cyber resiliency is essential to support both kinetic and nonkinetic operations, ExecutiveBiz reported Monday. C4ISR & Networks reported Monday Northrop works to bring...
