Northrop Grumman (NYSE: NOC) has received a potential $124.7 million contract from the U.S. Navy to assemble, fabricate and test equipment for the AN/APR-39 Radar Warning Receiver program. The Defense Department said Thursday the company will provide engineering, management and logistics support for the development of 127 D(V)2 proces...
TYSONS CORNER, VA, Sept. 21, 2017 ” Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Leidos (NYSE: LDOS) have the three highest revenue from information technology sales to the federal government in 2017 among companies that earn more than one third of their revenue from government clients, ExecutiveBiz reported Wednesday. IDC Gove...
The Executive Mosaic GovCon Index (GCI) continued to post gains for the fourth consecutive day, reaching another new YTD record high. The CGI closed at 105.45 up 0.552 percent with advancing shares outpacing declining 3 to 1. Markets showed little change on the day as the Fed delivered their message to shrink the balance sheet and for...
Ellen Minderman, formerly director of enterprise solutions at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has joined Research Innovations Inc. as vice president of command, control, communications, computers and intelligence. RII said Tuesday Minderman will oversee the company™s C41 business unit that covers jo...
Air Force Secretary Heather Wilson has said she has no concerns on Northrop Grumman™s (NYSE: NOC) proposal to acquire Orbital ATK (NYSE: OA) and that the service branch intends to monitor the transaction™s progress, Defense News reported Tuesday. œObviously, we watch these things and make sure that no matter [what] happens when c...
The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major indices a...
The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. The...
Northrop Grumman (NYSE: NOC) has agreed to purchase Orbital ATK (NYSE: OA) for approximately $9.2 billion in a push to accelerate innovation efforts and expand technology offerings. Falls Church, Virginia-based Northrop said Monday it will pay $7.8 billion in cash and assume $1.4 billion in net debt from Orbital ATK under the transact...
Northrop Grumman (NYSE: NOC) is close to finalizing an agreement to buy Orbital ATK (NYSE: OA) as Northrop aims to broaden its portfolio of missiles and space platforms, Defense News reported Monday. Defense News cited a Wall Street Journal report that says both companies could unveil the transaction as early as Monday and estimates the de...
The State Department has approved Canada™s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will ser...
