Posted on 30 April 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has received a new contract from the US Air Force.
Northrop Grumman Wins Air Force Deal
Under this new deal worth $52.8 million, the defense contract giant Northrop Grumman (NYSE:NOC) will upgrade the air force’s electronic attack (EA) pods.
Tom Vice, corporate vice president and sector president, Northrop Grumman (NYSE:NOC) Technical Services said, “We are honored that the U.S. Air Force selected Northrop Grumman to modernize their electronic attack pods. The Northrop Grumman (NYSE:NOC) team designed an innovative solution that provides our U.S. Air Force pilots with the electronic warfare protection they need while flying combat operations.”
Northrop Grumman (NYSE:NOC) stocks are currently standing at 63.75.
Price HistoryLast Price: 63.75
52 Week Low / High: 49.2 / 70.61
50 Day Moving Average: 60.96
6 Month Price Change %: 10.1%
12 Month Price Change %: 1.1%
Posted in Defense
Posted on 17 April 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has agreed to become the sponsor of the upcoming CyberPatriot competition.
Northrop Grumman To Sponsor Cybersecurity Competition
The US based defense contract giant Northrop Grumman (NYSE:NOC) will sponsor the fourth annual national high school cyber defense competition to inspire high school students toward careers in cybersecurity.
Diane Miller, program director for CyberPatriot and director of operations for the cybersecurity group at Northrop Grumman (NYSE:NOC) said, “Cyber is our business, and we’re invested in building that pipeline because we need the workforce. We have positions open. A lot of positions open.”
Northrop Grumman (NYSE:NOC) stocks were at 61.04 at the end of the last day’s trading. There’s been a 3.4% change in the stock price over the past 3 months.
Northrop Grumman (NYSE:NOC) Analyst AdviceConsensus Opinion: Hold
Mean recommendation: 2.75
(1=Strong Buy, 5=Strong Sell)3 Months Ago: 2.79
Zack’s Rank: 8 out of 9 in the industry
Posted in Defense
Posted on 16 April 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has decided to participate in the inaugural Global Aerospace Summit in UAE.
Northrop Grumman Set For Aerospace Summit
The US based defense contract giant Northrop Grumman (NYSE:NOC) will participate in the inaugural Global Aerospace Summit, being held April 16-18 in Abu Dhabi, United Arab Emirates.
Gene Fraser, vice president, aerospace engineering, Northrop Grumman (NYSE:NOC) Aerospace Systems said, “It is an honor for Northrop Grumman (NYSE:NOC) to be invited to participate in this inaugural Global Aerospace Summit. The opportunity to exchange ideas with a wide spectrum of participants will be invaluable in providing long-term capability solutions that will help enhance defense and national security across the Gulf Region.”
Northrop Grumman (NYSE:NOC) shares are currently standing at 60.81.
Price HistoryLast Price: 60.81
52 Week Low / High: 49.2 / 70.61
50 Day Moving Average: 60.43
6 Month Price Change %: 11.5%
12 Month Price Change %: -0.8%
Posted in Defense
Posted on 12 April 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has received a new contract from the US Army.
Northrop Grumman Signs Scorpion Army Deal
Under this new deal, the defense contract giant Northrop Grumman (NYSE:NOC) will provide SCORPION and SCORPION II Unattended Ground Sensor (UGS) systems to the Army, aimed at safeguarding soldiers by providing actionable intelligence and enhanced situational awareness.
Martin Simoni, site director of Northrop Grumman(NYSE:NOC)’s Xetron facility said, “While SCORPION remains the UGS system of choice in Iraq, Afghanistan and other deployments, SCORPION II’s size, weight and wireless performance improvements significantly increase the available mission set for the warfighter. This contract both supports existing systems and enables multiple organizations to combine their requirements for new systems, saving money for the U.S. government.”
Northrop Grumman (NYSE:NOC) shares were at 60.19 at the end of the last day’s trading. There’s been a 1.9% change in the stock price over the past 3 months.
Northrop Grumman (NYSE:NOC) Analyst AdviceConsensus Opinion: Hold
Mean recommendation: 2.75
(1=Strong Buy, 5=Strong Sell)3 Months Ago: 2.79
Zack’s Rank: 7 out of 9 in the industry
Posted in Defense
Posted on 03 April 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has received a new contract from the US Defense Department.
Northrop Grumman Wins $26.8m Contract
Under this new deal worth $26.8 million, Northrop Grumman (NYSE:NOC) will operate and support a special communications system in a Bombardier BD-700 Global Express aircraft.
The plane will be equipped with a Battlefield Airborne Communications Node System (BACN) which translates and relays messages between incompatible communications systems. BACN is used at high altitudes.
The contract runs from April 1 until Nov. 16, with the work being shared between Northrop Grumman (NYSE:NOC)’s San Diego and Yorktown, Va. facilities.
Northrop Grumman (NYSE:NOC) shares were at 61.82 at the end of the last day’s trading. There’s been a 4.5% change in the stock price over the past 3 months.
Northrop Grumman (NYSE:NOC) Analyst AdviceConsensus Opinion: Hold
Mean recommendation: 2.76
(1=Strong Buy, 5=Strong Sell)3 Months Ago: 2.79
Zack’s Rank: 2 out of 9 in the industry
Posted in Defense, Headlines
Posted on 20 March 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has entered into a teaming agreement with Quest Aircraft Company.
Northrop Grumman Signs Aircraft Deal
Under this newly signed deal, both companies have agreed to be the U.S. federal dealer of the Quest KODIAK, a single-engine short takeoff and landing aircraft, as well as their preferred special mission aircraft integrator.
Bob Gamache, director, operationally responsive systems, Northrop Grumman (NYSE:NOC) Technical Services said, “This teaming agreement between two proven companies committed to technical superiority and cost performance will produce a highly capable C4ISR platform that is very affordable compared to the competition in these fiscally constrained times. Northrop Grumman (NYSE:NOC) believe that once integrated, this platform will be a real game changer for intelligence, surveillance and reconnaissance capabilities for state, civil and international agencies as well as for special operations forces.”
Northrop Grumman (NYSE:NOC) stocks are currently standing at 61.87.
Price HistoryLast Price: 61.87
52 Week Low / High: 49.2 / 70.61
50 Day Moving Average: 59.85
6 Month Price Change %: 14.8%
12 Month Price Change %: 1.9%
Posted in Defense
Posted on 14 March 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has awarded a new contract to GE Aviation.
Northrop Grumman Gives Contract To GE
Under this new deal with Northrop Grumman (NYSE:NOC), GE Aviation will supply a stores management system for the MQ-8B Fire Scout unmanned helicopter.
Northrop Grumman will provide the U.S. Navy with an operational weapons system for Fire Scout by 2013.
George Kiefer, vice president & general manager of Avionics North America for GE Aviation Systems said, “The stores and payload controller provides the tactical and operational ability to further protect troops while accomplishing their missions. In addition, the SPC brings with it a comprehensive architecture for a wide variety of stores, making it a key systems enabler for virtually any platform, manned or unmanned, in air, on land or at sea.”
Northrop Grumman (NYSE:NOC) shares were at 61.49 at the end of the last day’s trading. There’s been a 11.3% change in the stock price over the past 3 months.
Northrop Grumman (NYSE:NOC) Analyst AdviceConsensus Opinion: Hold
Mean recommendation: 2.76
(1=Strong Buy, 5=Strong Sell)3 Months Ago: 2.79
Zack’s Rank: 2 out of 9 in the industry
Posted in Defense
Posted on 13 March 2012. Tags: northrop grumman, Northrop Grumman (NYSE:NOC), NYSE:NOC, US
Northrop Grumman (NYSE:NOC) has delivered the 100th LITENING G4 targeting pod.
Northrop Grumman Marks G4 Targeting Pod Milestone
The LITENING G4 is currently in full production to accommodate separate indefinite delivery, indefinite quantity contracts from the U.S. Air Force and Marine Corps.
The total value of the LITENING G4 production contracts for Northrop Grumman (NYSE:NOC) is worth more than $575 million.
Jim Mocarski, vice president of EO/IR Targeting Systems at Northrop Grumman (NYSE:NOC)’s Electronics Systems Sector said, “The delivery of the 100th G4 pod is an important milestone. Most importantly, our customers have the assets they need to support both deployment and their active bases in the U.S. We have also demonstrated that our production capability is mature and capable of meeting their future requirements.”
Northrop Grumman (NYSE:NOC) stocks are currently standing at 60.65.
Price HistoryLast Price: 60.65
52 Week Low / High: 49.2 / 70.61
50 Day Moving Average: 59.52
6 Month Price Change %: 15.7%
12 Month Price Change %: 1.1%
Posted in Defense