Northrop Grumman Corporation

1-17 of 37 results

Northrop sells advisory services unit for $1.65B

AP News 14 days ago

Northrop Grumman sells advisory services unit TASC for $1.65B, expands buyback by $1.1B Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co. ...

Navy chief favors speeding up unmanned programs

Reuters US Online Report Politics News 19 days ago

WASHINGTON (Reuters) - The U.S. Navy's top admiral said on Monday he hoped to speed up work on unmanned weapons systems, including underwater vehicles and an unmanned combat plane being developed by Northrop Grumman Corp. "I tend not to want to put ...

California firm wins $1 mln lunar prize

AFP Global Edition 19 days ago

A California-based firm was named winner of a one-million-dollar prize backed by US space agency NASA to design a craft capable of a lunar landing, a statement said Tuesday. Masten Space Systems were declared winners of the Northrop Grumman Lunar Lander X-Prize ...

Northrop Grumman gets $26.6M Navy deal

AP News 23 days ago

Northrop Grumman gets $26.6 million Navy deal to build 4 radar systems for ships Northrop Grumman Corp. received a $26.6 million contract from Navy to build and deliver four radar systems used on ships, the Pentagon said late Friday. The radar systems ...

Contractor moving test site from Arizona to Utah

AP News 25 days ago

Defense contractor relocating Hunter drone testing grounds from Arizona to Utah airfield Defense contractor Northrop Grumman says it's relocating the testing grounds for its unmanned aerial systems from Cochise County to an airfield in Utah. The Army awarded the company a $6.2 ...

Northrop: plan for $35B tanker deal favors Boeing

AP News 25 days ago

Northrop: Air Force stressing price over capabilities favors Boeing in $35 billion competition Northrop Grumman Corp. says a disputed $35 billion Air Force contract competition prioritizes cheaper tankers over vital needs like refueling planes in flight, which could end up favoring rival ...

Lawmakers criticize bid for $35B tanker contract

AP Features 26 days ago

Lawmakers from Washington to Alabama are raising serious concerns over a troubled $35 billion tanker competition between rivals Boeing Co. and Northrop Grumman Corp. In separate letters, both Sen. Richard Shelby, R-Ala., and Rep. Norman Dicks, D-Wash., representing competing interests and thousands ...

U.S. tanker aircraft rules spark concern in industry

Reuters US Online Report Politics News 31 days ago

WASHINGTON (Reuters) - Industry executives are starting to raise fundamental questions about the Pentagon's draft rules for a new refueling airplane competition and say the government's drive to lock in a "fixed-price" deal for such a big weapons development program is unprecedented ...

Northrop Grumman posts 3Q dip but lifts outlook

AP News 32 days ago

Northrop Grumman 3rd-quarter profit slips as pension costs grow, but co. lifts 2009 outlook Northrop Grumman Corp. said Wednesday earnings for the third quarter were hurt by higher pension costs, but solid revenue and a tax break pushed results well past analyst ...

Earns Northrop Grumman

AP News 33 days ago

FILE - In this Feb. 15, 2008 file photo, a contractor is silhouetted while assembling model planes in the exhibition booth of Northrop Grumman at the site of the Singapore Airshow, Northrop Grumman Corp. said Wednesday, Oct. 21, 2009, earnings for the ...

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