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Northrop Grumman Corp (NOC)

NOC on New York Consolidated

246.33USD
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Wesco Aircraft extends multi-year agreement with Northrop Grumman Corp
Thursday, 6 Apr 2017 04:30pm EDT 

Wesco Aircraft Holdings Inc : Wesco Aircraft extends multi-year agreement with Northrop Grumman Corp. .Wesco - Multi-year agreement extends co's current contract to provide integrated supply chain services for C-class aerospace hardware for F-35 program.  Full Article

Northrop Grumman Corp files for potential mixed shelf offering, size not disclosed
Friday, 31 Mar 2017 05:21pm EDT 

Northrop Grumman Corp :Northrop Grumman Corp files for potential mixed shelf offering, size not disclosed - sec filing.  Full Article

Northrop Grumman CEO Wesley Bush's FY 2016 total compensation was $19.8 mln vs $15.8 mln in FY 2015
Friday, 31 Mar 2017 04:49pm EDT 

Northrop Grumman Corp :CEO Wesley bush's FY 2016 total compensation was $19.8 million versus $15.8 million in FY 2015 - sec filing.  Full Article

Northrop says costs related to certain new programs weighing on margins in 2017 - Conf call
Thursday, 26 Jan 2017 02:00pm EST 

Northrop Grumman Corp : Says expects higher levels of capital investments to continue for couple more years as it expands workforce and ramps up on large new programs . Says expect F-35 volume to be comparable to 2016 . Says, in 2017, cost type development work is growing at a faster rate than higher margin production work Further company coverage: [NOC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Northrop Grumman Corp sees 2017 EPS guidance of $11.30-$11.60
Thursday, 26 Jan 2017 06:45am EST 

Northrop Grumman Corp : Northrop Grumman Corp sees 2017 EPS guidance of $11.30 to $11.60 . Says q4 sales increase 12 percent to $6.4 billion . Qtrly earnings per share $2.96 . Northrop Grumman Corp - total backlog as of dec. 31, 2016, was $45.3 billion compared with $35.9 billion as of dec. 31, 2015 . Q4 earnings per share view $2.49, revenue view $5.93 billion -- Thomson Reuters I/B/E/S . Northrop Grumman Corp sees 2017 sales about $25,000 million . Northrop Grumman Corp sees 2017 capital expenditures about $900 million . Northrop Grumman Corp - Q4 aerospace systems sales $2,872 million versus $2,400 million . Northrop Grumman Corp qtrly manned aircraft sales rose due to higher restricted and e-2d volume, as well as increased f-35 deliveries .Fy2017 earnings per share view $12.23, revenue view $25.03 billion -- Thomson Reuters I/B/E/S.  Full Article

LLR Partners acquires BluVector from Northrop Grumman
Monday, 9 Jan 2017 08:00am EST 

LLR Partners: LLR partners acquires BluVector from Northrop Grumman . LLR Partners has committed $50 million to BluVector to support acquisition and future growth plans .Terms of transaction were not disclosed.  Full Article

Northrop Grumman elects Mark A. Welsh III to board
Thursday, 8 Dec 2016 09:09am EST 

Northrop Grumman Corp : Northrop Grumman Corp - addition of Welsh increases Northrop Grumman's board of directors to 14 members, 13 of whom are independent directors .Northrop Grumman elects Mark A. Welsh III to its board of directors.  Full Article

Northrop Grumman sets quarterly dividend of $0.90 per share
Wednesday, 16 Nov 2016 06:00pm EST 

Northrop Grumman Corp :Sets quarterly dividend of $0.90 per share.  Full Article

Northrop Grumman says F-35 is currently 7 pct of total revenue
Wednesday, 26 Oct 2016 01:11pm EDT 

Northrop Grumman Corp : Northrop Grumman Corp says it is evaluating tax event options to repatriate certain earnings from foreign subsidiaries . Northrop Grumman Corp says if it repatriates cash, it would repatriate majority of foreign held cash balances . Northrop Grumman Corp says f-35 is currently 7 percent of total revenue Further company coverage: [NOC.N] (Reporting by Mike Stone) ((mike.stone1@thomsonreuters.com;)).  Full Article

Northrop Grumman sets quarterly dividend of $0.90 per share
Wednesday, 17 Aug 2016 06:15pm EDT 

Northrop Grumman Corp :Sets quarterly dividend of $0.90 per share.  Full Article

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Pentagon seeks at least 5 pct savings on Lockheed F-35 jet, sources

WASHINGTON The Pentagon and Lockheed Martin Corp could shave at least 5 percent off the price of stealthy F-35 fighter jets in their upcoming annual purchase contract as the standard version of the plane heads toward a price of below $80 million, people familiar with the talks told Reuters.