At Yuma Proving Ground earlier this year, the U.S. Army selected Northrop Grumman Corporation™s (NYSE: NOC) Highly Adaptable Multi-Mission Radar (HAMMR) to demonstrate the multi-mission capability of the 2017 counter-rocket, artillery and mortar (C-RAM.) HAMMR incorporates an Active Electronically Scanned Array fighter radar mounted on a ground...
For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further netted positive results for ...
TYSONS CORNER, VA, May 22, 2017 ” Northrop Grumman (NYSE: NOC) has opened a new facility in south Australia that will work to provide in-country repair and maintenance services for the Australian air force’s Large Aircraft Infrared Countermeasure systems, ExecutiveBiz reported Friday. The company said Thursday the Adelaide repai...
The Executive Mosaic GovCon Index moved downward contrary to major market indices. Decliners outpaced advancers 18 to 12. The major markets showed minor movement upward after recovering from significant drop yesterday. At market close WTI followed the markets to close up 0.39 percent to $49.26 as the Algerian Energy Minister indicated that...
TYSONS CORNER, VA, May 18, 2017 ” Northrop Grumman (NYSE: NOC) has participated at the Intelligence and National Security Alliance’s 2017 Innovators’ Showcase earlier this month with a demonstration of two maritime security technologies, ExecutiveBiz reported Wednesday. The company said Tuesday it presented the Automa...
TYSONS CORNER, VA, May 17, 2017 ” Chris Pehrson, vice president of strategic development at General Atomics™ aeronautical systems business, has been named to the advisory council for the Center for a New American Security’s Evolving the Future Force project, ExecutiveBiz reported Tuesday. CNAS said Monday the new ...
Northrop Grumman (NYSE: NOC) has been awarded a $303.9 million contract modification by the U.S. Navy for low-rate initial production of three lot 2 MQ-4C Triton unmanned aircraft systems The Defense Department said Tuesday the company will also provide one main operation control station, one forward operation control statio...
TYSONS CORNER, VA, May 16, 2017 ” Northrop Grumman (NYSE: NOC) will invest $37.2 million to help establish a defense electronics maintenance and sustainment center in Australia to support the country’s military, ExecutiveBiz reported Monday. The company said Monday the future Electronic Sustainment Center of Excellence...
Northrop Grumman (NYSE: NOC) has received a potential one-year, $332 million contract modification from the Missile Defense Agency to continue to provide technical integration and operational support services for the ballistic missile defense system. The modification increases the contract™s total value from $3.85 billion to $4.18 billion and e...
The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report. The major markets closed...
