TYSONS CORNER, VA, February 5, 2019 ” Northrop Grumman (NYSE: NOC) has pointed to progress in cost, operational and revenue synergy goals as it continues to integrate the Orbital ATK business it acquired in 2018, ExecutiveBiz reported Monday. SpaceNews reported Thursday that Northrop CEO Kathy Warden told analysts in an earnings call the b...
Thomas Lydon, formerly a senior vice president at Sabre Systems, has joined Chantilly, Va.-based technology integrator VT Group as president of the newly established aviation solutions division. He will oversee the combined business of VT Group™s global aviation services and the logistics and engineering capabilities of the newly acquired ...
Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and aerospace systems segment. Jim McAleese,...
Major defense primes General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) did not experience “notable” impacts from the 35-day partial government shutdown, Wells Fargo Securities reported Friday. The investment bank added that Booz Allen Hamilton (NYSE: BAH) projected a March quarter im...
TYSONS CORNER, VA, January 31, 2018 ” A Raytheon (NYSE: RTN) business unit will support Northrop Grumman (NYSE: NOC) under a $65M subcontract to sustain an unmanned aircraft system that the latter built for the U.S. Air Force, ExecutiveBiz reported Jan. 24. As a subcontractor, Raytheon’s intelligence, information and services bu...
TYSONS CORNER, VA, January 29, 2018 ” Northrop Grumman (NYSE: NOC) will continue its cybersecurity and engineering work on a U.S. Navy unmanned autonomous helicopter under a $19.5M modification to a previously awarded contract from the service branch, ExecutiveBiz reported Sunday. The Department of Defense said Friday Northrop Grumman Syst...
The U.S. Navy has awarded 19 companies spots on a potential seven-year, $12.6B contract vehicle for aircraft maintenance and logistics support services. The Contracted Maintenance, Modification, Aircrew and Related Services program covers logistical support for Navy and Air Force rotary-wing and fixed-wing aircraft, unmanned aerial vehicles, subsyst...
Northrop Grumman (NYSE: NOC) has received a $149.6M contract modification to operate and sustain the payload for a U.S. Air Force system used to translate and transmit information across disparate networks . This modification represents the first option year under a previously awarded contract and brings the contract’s total cumulative value t...
TYSONS CORNER, VA, January 14, 2018 ” Northrop Grumman (NYSE: NOC) is set to open a new facility in Albuquerque, N.M., that is aimed to generate additional job opportunities in the region as the company works to drive growth in its aerospace business, ExecutiveBiz reported Thursday. The Albuquerque Journal reported Wednesday that a sp...
Northrop Grumman (NYSE: NOC) has received a potential four-year, $86.2M contract to provide support services for a radar system the U.S. Army uses in tactical reconnaissance missions. The company will support the military branch’s Starlite system through Jan. 31, 2023, under the hybrid cost-plus-fixed-fee and firm-fixed-price contract,&nb...
