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Northrop Grumman Corp (NOC.N)

NOC.N on New York Stock Exchange

309.47USD
17 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Raytheon, Northrop Grumman Sign Teaming Agreement On Scramjet-Powered Tactical Missile Systems
5:00am EDT 

June 18 (Reuters) - Raytheon Co ::RAYTHEON, NORTHROP GRUMMAN SIGN TEAMING AGREEMENT ON SCRAMJET-POWERED TACTICAL MISSILE SYSTEMS.DEAL TO DEVELOP, INTEGRATE NORTHROP GRUMMAN'S SCRAMJET COMBUSTORS TO POWER RAYTHEON'S AIR-BREATHING HYPERSONIC WEAPONS.RAYTHEON - CO, NORTHROP GRUMMAN WILL CONTINUE TO COLLABORATE ON HAWC & FUTURE AIR-BREATHING HYPERSONIC MISSILES.NORTHROP GRUMMAN AND CO ARE WORKING UNDER A $200 MILLION HYPERSONIC AIR-BREATHING WEAPON CONCEPT.  Full Article

Cisco Appoints Wes Bush To Board
Wednesday, 22 May 2019 04:30pm EDT 

May 22 (Reuters) - Cisco Systems Inc ::CISCO APPOINTS WES BUSH TO BOARD OF DIRECTORS.CISCO - ANNOUNCED APPOINTMENT OF WESLEY G. BUSH, CHAIRMAN OF NORTHROP GRUMMAN CORPORATION, TO ITS BOARD.CISCO - APPOINTMENT OF WES BUSH BRINGS CISCO'S BOARD TO TEN MEMBERS.  Full Article

Northrop Grumman Sees 2019 Sales Of About $34 Bln
Wednesday, 24 Apr 2019 07:45am EDT 

April 24 (Reuters) - Northrop Grumman Corp ::Q1 SALES INCREASE 22 PERCENT TO $8.2 BILLION.Q1 REVENUE VIEW $8.33 BILLION -- REFINITIV IBES DATA.SEES 2019 CAPEX ABOUT $1200 MILLION.2019 MTM-ADJUSTED EPS GUIDANCE INCREASED TO $18.90 TO $19.30.FY2019 EARNINGS PER SHARE VIEW $18.97 -- REFINITIV IBES DATA.QTRLY AEROSPACE SYSTEMS SALES $3,496 MILLION VERSUS $3,280 MILLION.SEES 2019 SALES ABOUT $34 BILLION.FY2019 REVENUE VIEW $34.10 BILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE $5.06.SEES 2019 FREE CASH FLOW $2,600 MILLION - 3,000 MILLION.PER SHARE IMPACT OF TOTAL NET FAS/CAS PENSION ADJUSTMENT OF $1.42 IN QUARTER.Q1 NET AWARDS TOTAL $12.3 BILLION; BACKLOG INCREASES 7 PERCENT TO $57.3 BILLION.NORTHROP GRUMMAN - Q1 SIGNIFICANT NEW AWARDS INCLUDE $3.2 BILLION FOR RESTRICTED SPACE, $1.0 BILLION FOR SUBMARINE SUBSYSTEMS PRODUCTION, $805 MILLION FOR F-35.  Full Article

Northrop Grumman Selected By U.S. Army For A Contract Valued At $982 Mln
Wednesday, 20 Mar 2019 03:06pm EDT 

March 20 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN CORP - SELECTED BY US ARMY FOR R4 IDIQ VALUED AT $982 MILLION.  Full Article

Northrop Grumman Sets Quarterly Dividend Of $1.20 Per Share
Tuesday, 12 Feb 2019 05:58pm EST 

Feb 12 (Reuters) - Northrop Grumman Corp ::SETS QUARTERLY DIVIDEND OF $1.20 PER SHARE.  Full Article

BAE Systems Awarded F-35 Maintenance, Repair, Overhaul And Upgrade Contract
Tuesday, 12 Feb 2019 10:55am EST 

Feb 12 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - AWARD OF F-35 MAINTENANCE, REPAIR, OVERHAUL AND UPGRADE CONTRACT.BAE SYSTEMS- CONTRACT IS FOR MAINTENANCE, REPAIR, OVERHAUL & UPGRADE SERVICES FOR F-35 AVIONICS, COMPONENTS FOR EUROPEAN, ASIA-PACIFIC, GLOBAL FLEET.BAE SYSTEMS - DEPARTMENT OF DEFENSE ASSIGNED REPAIR COMPONENTS TO SEALAND SUPPORT SERVICES, A JOINT VENTURE WITH UK GOVERNMENT AND INDUSTRY PARTNER.  Full Article

Wesley Bush Appointed To GM Board Of Directors
Monday, 11 Feb 2019 04:00pm EST 

Feb 11 (Reuters) - General Motors Co ::WESLEY G. BUSH APPOINTED TO GM BOARD OF DIRECTORS.GENERAL MOTORS CO - BUSH CURRENTLY SERVES AS CHAIRMAN OF NORTHROP GRUMMAN'S BOARD OF DIRECTORS..GENERAL MOTORS CO - BUSH'S ELECTION BRINGS GM'S BOARD OF DIRECTORS TO 13 MEMBERS, 12 OF WHOM ARE NON-EMPLOYEE DIRECTORS.  Full Article

Northrop Grumman Receives $59 Mln U.S. Air Force Contract
Monday, 11 Feb 2019 08:40am EST 

Feb 11 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN RECEIVES $59 MILLION U.S. AIR FORCE CONTRACT FOR NEXT-GENERATION NAVIGATION SYSTEM.  Full Article

Northrop Grumman Announces Change In Pension Accounting
Monday, 10 Dec 2018 04:33pm EST 

Dec 10 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN ANNOUNCES CHANGE IN PENSION ACCOUNTING.NORTHROP GRUMMAN CORP - ADOPTS MARK-TO-MARKET METHOD TO SIMPLIFY PENSION ACCOUNTING.NORTHROP GRUMMAN CORP - NEW METHOD EXPECTED TO INCREASE 2018, 2019 AND 2020 EARNINGS FROM NET FAS/CAS ADJUSTMENT.NORTHROP GRUMMAN CORP - COMPANY WILL ADOPT MARK-TO-MARKET (MTM) METHOD OF ACCOUNTING.NORTHROP GRUMMAN - ELIMINATION OF AMORTIZATION OF GAINS AND LOSSES EXPECTED TO UP 2018 PRE-TAX EARNINGS BY $535 MILLION BEFORE Q4 MTM ADJUSTMENT.NORTHROP GRUMMAN - FOR 2019, ADOPTION OF MTM METHOD IS EXPECTED TO INCREASE NET FAS/CAS ADJUSTMENT TO $1.35 BILLION FROM $750 MILLION.NORTHROP GRUMMAN - FOR 2019, ADOPTION OF MTM METHOD EXPECTED TO INCREASE PRE-TAX EARNINGS BY ABOUT $600 MILLION, BEFORE ANY Q4 2019 MTM ADJUSTMENT.  Full Article

Northrop Grumman Sets Quarterly Dividend Of $1.20Per Share
Wednesday, 14 Nov 2018 06:01pm EST 

Northrop Grumman Corp ::SETS QUARTERLY DIVIDEND OF $1.20PER SHARE.  Full Article

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Northrop engine teams with Raytheon hypersonic program

Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.