Key Developments: Northrop Grumman Corp (NOC.N)

NOC.N on New York Stock Exchange

11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Northrop Grumman Corp, Yamaha Motor, U.S.A., Collaborate on unmanned helicopter system
Thursday, 8 May 2014 09:00am EDT 

Northrop Grumman Corp:Agreed to work together with Yamaha Motor Corporation, U.S.A.To develop and market an innovative small, unmanned autonomous helicopter system.  Full Article

Defense Information Systems Agency awards Northrop Grumman $53 mln for joint command and control system
Wednesday, 30 Apr 2014 03:00pm EDT 

Northrop Grumman Corp:Receives $53 mln to continue modernizing and sustaining U.S. Department of Defense (DOD) command and control (C2) system used to plan, execute and manage joint and multinational military operations.  Full Article

Northrop Grumman Corp secures U.S. Navy contract for mission computer
Thursday, 24 Apr 2014 08:17am EDT 

Northrop Grumman Corp:Says it has been awarded a low-rate initial production contract from the U.S. Navy to deliver FlightPro Gen III mission computers in support of AH-1Z and UH-1Y Marine Corps helicopters.Under the $10.6 mln contract, Northrop Grumman will provide mission computers for H-1 helicopter flight tests, system integration laboratories and training.  Full Article

Northrop Grumman reaffirms FY 2014 revenue guidance; raises FY 2014 EPS guidance
Wednesday, 23 Apr 2014 07:00am EDT 

Northrop Grumman:Expects FY 2014 sales in the range of $23.500-$23.800 bln (prior FY 2014 revenue guidance was in the range of $23.500-$23.800 bln).Expects FY 2014 EPS in the range of $8.90-$9.15 (prior FY 2014 EPS guidance was in the range of $8.70-$9.00).FY 2014 revenue of $23.721 bln and EPS of $8.93 - Thomson Reuters I/B/E/S.  Full Article

Northrop Grumman Corp, The University of Sydney announce partnership
Tuesday, 22 Apr 2014 04:30pm EDT 

Northrop Grumman Corp and University of Sydney:Says they signed a Memorandum of Understanding to work together to explore areas of common interest in providing educational, research initiatives and training programs that build local capacity across various sectors in Australia.Under the agreement, Northrop Grumman and the University of Sydney will collaborate on ways to enhance science, technology, engineering and mathematics education through executive development programs, technical training, internship opportunities and collaborative research programs.Agreement will be centred on collaboration around unmanned and autonomous systems applications.  Full Article

Northrop Grumman Australia, DSTO confirm research partnership
Wednesday, 26 Mar 2014 10:15am EDT 

Northrop Grumman Corp and the Australian Defence Science and Technology Organisation (DSTO):Signs strategic alliance to conduct collaborative research in a range of advanced defence technologies.Northrop Grumman and DSTO will collaborate on projects of mutual interest and DSTO will have access to Northrop Grumman's specialized defence knowledge.  Full Article

Northrop Grumman Corp receives task order for naval training systems
Tuesday, 4 Mar 2014 08:45am EST 

Northrop Grumman Corp:Says the U.S. Navy has selected Northrop Grumman Corp to continue development and improvement of combat systems trainers with a task order valued up to $33 mln, if all options are exercised.Says the task order was awarded under the SeaPort-e indefinite delivery, indefinite quantity multiple award contract.Says the company will also conduct system analysis and development, technology refresh, product assurance and performance evaluation.  Full Article

Northrop Grumman Corp completes acquisition of Qantas Defence Services
Thursday, 27 Feb 2014 10:00pm EST 

Northrop Grumman Corp:Has completed the acquisition of Qantas Defence Services Pty Limited, now called Northrop Grumman Integrated Defence Services Pty Limited.  Full Article

Northrop Grumman Corp extends agreement with Bell Helicopter to supply navigation system
Tuesday, 25 Feb 2014 11:00am EST 

Northrop Grumman Corp:Entered into an agreement with Bell Helicopter, a Textron Inc. company, to supply its LCR-100 Attitude Heading Reference System (AHRS) for the Bell 412 helicopter through 2017.LCR-100 and other Northrop Grumman navigation products will be showcased at HELI-EXPO 2014 in booth no. 502 Feb. 25-27 in Anaheim.  Full Article

Northrop Grumman Corp reaffirms FY 2014 EPS guidance - Conference Call
Thursday, 20 Feb 2014 08:55am EST 

Northrop Grumman Corp:Expects FY 2014 earnings per share of $8.70 to $9.FY 2014 EPS of $8.94 - Thomson Reuters I/B/E/S.  Full Article


U.S. defense chief voices confidence in grounded F-35 fleet

EGLIN AIR FORCE BASE Fla. - U.S. Defense Secretary Chuck Hagel told military fliers on Thursday the stealthy F-35 attack plane had "issues" but was still "the future for our fighter aircraft" despite a fire that grounded the fleet and jeopardized its international debut in Britain.    In a visit to the Florida base where the blaze occurred in late June, Hagel spoke with F-35 pilots and maintenance workers about the Lockheed Martin aircraft but was not able to say whether the planes wou

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