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Northrop Grumman Corp (NOC)

NOC on New York Consolidated

230.17USD
13 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Northrop Grumman Corporation board declares quarterly dividend
Tuesday, 16 Feb 2016 05:40pm EST 

Northrop Grumman Corporation:Declared a quarterly dividend of $0.80 per share on Northrop Grumman common stock, payable March 16 to shareholders of record as of Feb. 29.  Full Article

Northrop Grumman Selected to Improve Survivability of US Air Force C-130 Aircraft
Monday, 4 Jan 2016 02:00pm EST 

Northrop Grumman Corporation:Says The U.S. Special Operations Command has selected Northrop Grumman Corporation to provide advanced countermeasure systems for AC-130J and MC-130J aircraft.Under the terms of the $32.8 million award, Northrop Grumman's Land and Avionics C4ISR division will provide radio frequency countermeasure systems to detect, identify, locate, deny, degrade, disrupt and defeat threats to these aircraft.  Full Article

Northrop Grumman Wins Contract to Support Next Generation Air Transportation System
Monday, 26 Oct 2015 03:30pm EDT 

Northrop Grumman Corp:Says has been awarded an $81 million contract from the Federal Aviation Administration (FAA) to support the Aeronautical Information Management Modernization (AIMM) program.Under this contract, Northrop Grumman will support the FAA safety mission and Next Generation Air Transportation System (NextGen) objectives of developing automation, and information systems and services to address future air traffic requirements.This program will also provide aviation users with digital Aeronautical Information (AI) that conforms to international standards.  Full Article

Northrop Grumman Corp announces organization and leadership changes
Wednesday, 14 Oct 2015 05:15pm EDT 

Northrop Grumman Corp:Changes include the streamlining of business sectors from four to three.Two new sectors will be created by merging elements of the company's current Electronic Systems, Information Systems and Technical Services sectors.  Full Article

Northrop Grumman Corp receives contract to add ground capabilities to AN/TPS-80 Ground/Air task-oriented radar
Monday, 12 Oct 2015 09:05am EDT 

Northrop Grumman Corp:Secures $58,706,242 mln contract from the Marine Corps to develop and test the Ground Weapon Locating Radar (GWLR) mode for the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR).  Full Article

Northrop Grumman Corp expands F-35 Global Supply Chain in Europe; signs long-term agreement with Norway's Kitron AS
Tuesday, 22 Sep 2015 11:15am EDT 

Northrop Grumman Corp:Signed a long-term agreement with Norway-based Kitron AS to supply subassembly electronic modules for F-35 Lightning II aircraft avionics.Agreement is effective through June 30, 2036, and includes rights for future extensions.  Full Article

Northrop Grumman Corporation announces new $4 billion share repurchase authorization
Wednesday, 16 Sep 2015 05:00pm EDT 

Northrop Grumman Corporation:Board of directors has authorized an additional $4 billion for the repurchase of the company's common stock.  Full Article

Northrop Grumman Corp secures contract from US Army Awards Common Infrared Countermeasure
Monday, 31 Aug 2015 12:30pm EDT 

Northrop Grumman Corp:Secures firm-fixed-price hybrid contract with options for engineering and manufacturing development and low-rate initial production of the Common Infrared Countermeasure (CIRCM) program.Says work will be performed at Northrop Grumman's Land & Self Protection Systems Division facility in Rolling Meadows.  Full Article

Northrop Grumman Corp declares quarterly dividend
Wednesday, 19 Aug 2015 06:30pm EDT 

Northrop Grumman Corp:Declared a quarterly dividend of $0.80 per share on Northrop Grumman common stock.payable Sept. 16, 2015, to shareholders of record as of the close of business Aug. 31, 2015.  Full Article

Northrop Grumman Corp reaffirms FY 2015 revenue guidance; raises FY 2015 EPS guidance
Wednesday, 29 Jul 2015 07:00am EDT 

Northrop Grumman Corp:Expects FY 2015 sales in the range of $23.400-$23.800 bln compared to prior range of $23.400-$23.800 bln.Expects FY 2015 diluted EPS in the range of $9.55-$9.70 compared to prior range of $9.40-$9.60.FY 2015 revenue of $23.757 bln and EPS of $9.62 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-LLR Partners acquires BluVector from Northrop Grumman

* LLR Partners has committed $50 million to BluVector to support acquisition and future growth plans