Key Developments: Northrop Grumman Corp (NOC)

NOC on New York Consolidated

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

Northrop Grumman Corp receives $3.6 billion multiyear contract for 25 E-2D Advanced Hawkeye Aircraft
Monday, 30 Jun 2014 05:35pm EDT 

Northrop Grumman Corp:Receives $3.6 bln fixed price, incentive fee multiyear contract to deliver 25 new E-2D Advanced Hawkeye aircraft, bringing the total number of aircraft on contract to 50 from U.S. Navy.  Full Article

Northrop Grumman Corp receives $238 million contract modification for LAIRCM Missile Defense System
Wednesday, 18 Jun 2014 10:30am EDT 

Northrop Grumman Corp:Receives $238 mln modification to previously awarded firm-fixed-price contract from U.S. Air Force to provide hardware and support for the Large Aircraft Infrared Countermeasure (LAIRCM) system.Under the terms of contract modification, Northrop Grumman will deliver additional transmitters, missile warning sensors, processors, lasers, control interface units and supporting equipment to the Air Force through April 2016.  Full Article

Northrop Grumman secures joint force development support services contract
Tuesday, 10 Jun 2014 10:30am EDT 

Northrop Grumman Corp:Says the Naval Supply Fleet Logistics Center has selected the company to continue providing logistics, intelligence, and technology support to the Joint Staff J7 Directorate for Joint Force Development (JFD) in Suffolk.Multiple-award, indefinite delivery, indefinite quantity contract has a potential value of $877 million over five years, if all options are exercised.  Full Article

Northrop Grumman Corp to supply navigation system for South Korea's GEO-KOMPSAT-2 Satellites
Tuesday, 10 Jun 2014 08:30am EDT 

Northrop Grumman Corp:Receives contract from Korea Aerospace Research Institute (KARI) to provide space inertial reference systems for the GEO-KOMPSAT-2 space satellite program.  Full Article

Northrop Grumman receives contract to develop miniaturized inertial navigation system for DARPA
Thursday, 5 Jun 2014 08:30am EDT 

Northrop Grumman Corp:Receives a contract from U.S. Army Aviation and Missile Research Development and Engineering Center to develop a miniaturized navigation grade inertial system for Defense Advanced Research Projects Agency.  Full Article

U.S. Air Force selects Northrop Grumman Corp for combatant and strategic command collaboration system
Monday, 2 Jun 2014 09:30am EDT 

Northrop Grumman Corp:U.S. Air Force has selects Northrop Grumman Corporation enhance and maintain Global Adaptive Planning Collaborative Information Environment (GAP CIE) software system with five year, indefinite delivery, indefinite quantity contract valued at up to $98 mln.  Full Article

Northrop Grumman Corp and Diamond Aircraft Collaborating on Intelligence-Gathering Aircraft Systems for Canadian
Wednesday, 28 May 2014 08:01am EDT 

Northrop Grumman Corp:Says it is collaborating with Diamond Aircraft Industries, Inc., to deliver new intelligence-gathering aircraft capabilities to Canadian and international markets.As part of this effort, Northrop Grumman will establish a presence in Ontario, near Diamond Aircraft's production facility at London International Airport.  Full Article

Northrop Grumman Corp selected to provide turbine generator units for US Navy's Ohio replacement submarine program
Tuesday, 27 May 2014 11:00am EDT 

Northrop Grumman Corp:Receives contract by shipbuilder General Dynamics Electric Boat to complete detailed design and subsequent manufacturing, assembly, qualification and delivery of first turbine generator units for the Ohio Replacement Program (ORP), the U.S. Navy's next-generation ballistic nuclear submarine.Turbine generators provide all of the submarine's propulsion and other electrical power requirements.This award follows separate ORP contract awards from General Dynamics to Northrop Grumman's Marine Systems business unit for other ORP components.ORP plan is to design and build a new class of 12 ballistic missile submarines (SSBNs) to replace the Navy's current force of 14 Ohio-class SSBNs, which will be retired starting in 2027.  Full Article

Northrop Grumman Corp increases quarterly dividend
Wednesday, 21 May 2014 07:00am EDT 

Northrop Grumman Corp:Declared quarterly dividend of $0.70 per share.Declared represents 15 pct increase from prior quarterly dividend of $0.61 per share.  Full Article

Northrop Grumman Corp and RMIT University Studying Operation of Unmanned Aircraft in Australia
Monday, 12 May 2014 05:14pm EDT 

Northrop Grumman Corp;:Says it is collaborating with Royal Melbourne Institute of Technology (RMIT) University, to study airworthiness requirements for operating unmanned aircraft systems (UAS) in Australia.Collaboration involves developing solutions for safely and efficiently operating UAS in all airspace environments with particular focus on larger systems the size of small commercial jets.  Full Article

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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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