Key Developments: Northrop Grumman Corp (NOC)

NOC on New York Consolidated

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17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Northrop Grumman Corp partnership with UMBC
Tuesday, 14 Apr 2015 09:00am EDT 

Northrop Grumman Corp:Says expansion of their cyber work with University of Maryland, Baltimore County (UMBC), to include research on health data analytics.UMBC-Northrop Grumman collaboration began with cybersecurity initiative and is now leveraging the big data analytics used in cyber and applying the tools and technologies to health.This has enabled Northrop Grumman to dive into expansive health data on a variety of subjects, such as impacts of cardiovascular disease as it relates to smoking, obesity and pharmaceutical drug use.  Full Article

Northrop Grumman Corporation's Remotec Inc and AirRobot US signs distribution agreement
Tuesday, 31 Mar 2015 01:22pm EDT 

Northrop Grumman Corporation:Says its subsidiary Remotec Inc and AirRobot US have entered into a distribution agreement for AirRobot's line of small unmanned aerial systems.Under agreement, Remotec Inc is sole reseller of these products to first responder and law enforcement market in the United States.As part of agreement, which commenced earlier this month, Remotec Inc also will provide service, maintenance and technical support for all AirRobot systems in the U.S.  Full Article

Northrop Grumman's Electronic Systems sector announces realignment of ISR&TSD
Monday, 30 Mar 2015 02:30pm EDT 

Northrop Grumman Corporation:Says its Electronic Systems sector the realignment of its Intelligence, Surveillance, Reconnaissance and Targeting Systems division (ISR&TSD) to expand focus on its growing airborne and space ISR business.Former ISR&TSD is being reorganized into two separate divisions: Airborne Intelligence, Surveillance Reconnaissance and Targeting Systems; and Space Intelligence, Surveillance & Reconnaissance Systems.  Full Article

Northrop Grumman to provide directional infrared countermeasure system for Canadian Chinook Fleet
Wednesday, 25 Mar 2015 08:00am EDT 

Northrop Grumman Corp:Has been selected by the Royal Canadian Air Force to provide infrared missile protection on its fleet of CH-147F Chinooks.  Full Article

US Air Force Sustainment Center and Northrop Grumman enter into partnership agreement
Friday, 20 Mar 2015 09:00am EDT 

Northrop Grumman:The U.S. Air Force Sustainment Center and Northrop Grumman Corporation recently signed an enterprise public-private partnership agreement that establishes terms and conditions for future weapon system sustainment activities between the Air Force and Northrop Grumman.The agreement applies to all work between the Air Force Sustainment Center and Northrop Grumman and is expected to significantly improve efficiency by reducing the time and cost associated with agreement negotiations.Implementation agreements for specific projects will be created and managed at lower levels of the Air Force Sustainment Center and within Northrop Grumman.  Full Article

Northrop Grumman wins Recompete to protect DISA-Managed Networks from Cyber Attacks
Thursday, 19 Mar 2015 04:01pm EDT 

Northrop Grumman:Has been awarded a task order by the Defense Information Systems Agency (DISA).Order to continue its lead role on the Acropolis and Sensor Operations program - a capability that protects DISA-managed networks from cyber-attack and provides global cyber situational awareness for these networks.Under this task order, Northrop Grumman will continue providing secure, consolidated, and integrated defensive cyber operations and a global cyber situational awareness environment to network defense analysts.So they can better protect and defend the DOD Joint Information Environment (JIE), DOD Enterprise Services, and the DOD Information Network (DODIN) from the growing cyber threat.Will also operate and maintain the DODIN-wide Computer Network Defense sensor infrastructure.company will leverage its Advanced Cyber Technology Center to implement high-end innovations to bolster speed and resiliency as well as reap cost saving.  Full Article

Northrop Grumman's subsidiary extends Air Traffic Communication Coverage at Incheon Control Centre, South Korea
Friday, 20 Feb 2015 11:30am EST 

Northrop Grumman Corporation:Says its U.K.-based air traffic management communications systems subsidiary, Northrop Grumman Park Air Systems, has been awarded a contract by South Korea's Ministry of Land, Infrastructure and Transport to provide additional air traffic communication system sites.Contract for delivering ground-to-air communications for the Incheon, South Korea air traffic control centre.Contract was awarded following an international competitive tender process and based on price competitiveness and expertise in the region as a supplier of the existing area control centre (ACC) systems.Says new contract will build on the current infrastructure delivering an additional six remote sites that will further extend the coverage for operations at Incheon ACC.System will include the Park Air T6 series of professional ATC radio equipment, with 30 VHF channels and 32 UHF channels, together with a remote control and monitoring system, to allow centralised awareness of the equipment performance and availability.Contract is expected to be completed by mid-2015. Factory acceptance testing and factory training will take place at the company's U.K.-based facility.Northrop Grumman Park Air is partnered with JoongAng Hitel, the local South Korean contractor for installation services.  Full Article

Northrop Grumman Corp declares quarterly dividend
Tuesday, 17 Feb 2015 07:50pm EST 

Northrop Grumman Corp:Says that it has declared a quarterly dividend of $0.70 per share on Northrop Grumman common stock, payable March 18, 2015.Paid to shareholders of record as of the close of business March 2, 2015.  Full Article

Northrop Grumman gets contract to support Critical IRS Infrastructure
Wednesday, 11 Feb 2015 10:00am EST 

Northrop Grumman Corp:Has been awarded a $62.2 million dollar contract by the Internal Revenue Service (IRS) to support the IRS in building and delivering an integrated and shared IRS infrastructure.Under the five-year contract, Northrop Grumman will provide information technology, professional services and subject matter expertise in the areas of architecture, engineering and development services.It is a task order under the TIPPS-4 indefinite delivery/indefinite quantity contract.  Full Article

Northrop Grumman Corporation prices $600 million debt offering
Tuesday, 3 Feb 2015 05:30pm EST 

Northrop Grumman Corporation:Prices a $600 mln underwritten public offering of 3.85 pct senior unsecured notes due April 15, 2045.Expects to use the net proceeds for general corporate purposes, including funding a $500 mln voluntary contribution to its pension plans and debt repayment.offering is expected to close on Feb. 6.  Full Article

U.S. eyes new ways to prepare and win future war in space

COLORADO SPRINGS, Colo. - The United States needs disruptive new technologies, new ways of acquiring equipment and bandwidth, and closer ties with global allies to stay ahead of growing challenges in space from China, Russia and others, the head of U.S. Air Force Space Command told Reuters.

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