Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog rise to $52.2 billion in...
The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through Ju...
TYSONS CORNER, VA, July 30, 2018 ” Northrop Grumman (NYSE: NOC) has delivered to the U.S. Marine Corps its first active electronically scanned array radar system equipped with a gallium nitride antenna designed to support real-time threat monitoring, ExecutiveBiz reported Friday. The company said Thursday the AN/TPS-80 Ground/Air Task-Orie...
The Defense Advanced Research Projects Agency has chosen multiple research teams from the commercial and academic sectors to address microelectronics innovation challenges as part of an initiative worth up to $1.5 billion over five years. DARPA said Tuesday the Electronics Resurgence Initiative covers six “Page 3” programs that seek...
A Lockheed Martin (NYSE: LMT)-Northrop Grumman (NYSE: NOC) joint venture has secured contracts worth $170.5 million combined to supply fire control radar components for the U.S. Army‘s lots 7 and 8 Apache AH-64E helicopters. Longbow will supply FCR mast mounted assemblies, radar electronic units and spares to...
Five companies have secured positions on a potential five-year, $249.6 million contract to support the U.S. Army‘s Waveform Development Environment Ecosystem. The Defense Department said Monday contractors will also compete for task orders to provide multiple waveforms and network services to the service branch. The Army Contracting ...
TYSONS CORNER, VA, July 16, 2018 ” Northrop Grumman (NYSE: NOC) has unveiled an avionics software that it developed as part of a contract awarded in 2014 for an upgraded version of the U.S. Army™s UH-60L Black Hawk helicopter that is set to undergo limited user testing, ExecutiveBiz reported Friday. The company said Thursday it has...
George Batsakis, formerly an executive vice president at CSRA, has been appointed head of the defense and intelligence practice at Accenture‘s (NYSE: ACN) federal services business. He will oversee the development and delivery of technology platforms to government clients that include the departments of Defense and Veterans Affa...
United Technologies Corp.‘s (NYSE: UTX) aerospace systems unit has secured contracts worth more than $140 million to help the update propeller systems in the U.S. Navy‘s C/KC-130T aircraft. The UTC Aerospace Systems business has also completed nine of 12 contracted propeller upgrades for the Air National Guard’s ...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup July 9 – July 13, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: $400M+ July Contracts & Top 10 Stories Jim Garrettson, Executive Mosaic CEO Who Says Summer is Slow? $400M+ Ju...
