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Stock Market & Financial Investment News

News Breaks
February 11, 2013
08:45 EDTNOC, CVUCPI Aerostructures announces $11.45M purchase order from Northrop Grumman
CPI Aerostructures (CVU) announced that on December 20, 2012 it received an $11.45M purchase order from Northrop Grumman Corporation (NOC) for Outer Wing Panel kits. The kits are for use in the manufacture of complete wings for the C-2A Greyhound, a high-wing carrier on-board delivery aircraft used by the Navy. This order was included in the previously reported total contract awards of approximately $81.6M, received from all customers in 2012.
News For CVU;NOC From The Last 14 Days
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December 16, 2014
17:21 EDTNOCNorthrop Grumman awarded $657.4M government contract
Northrop Grumman Systems has been awarded a $657.4M hybrid contract including firm-fixed-price, cost-plus-incentive-fee and cost-plus-fixed-fee undefinitized contract action for aircraft for the Republic of Korea. Contractor will provide four RQ-4B Block 30 Global Hawk air vehicles, two spare engines, and the applicable Ground Control Environment elements. Each will contain an Enhanced Integrated Sensor Suite. Work will be performed at San Diego, California, and is expected to be complete by June 28, 2019. This contract involves foreign military sales. This award is the result of a sole-source acquisition.
December 15, 2014
17:01 EDTNOCNorthrop Grumman names Carl Hahn Chief Compliance Officer
Northrop Grumman has named Carl Hahn vice president, chief compliance officer, effective Jan. 15. Hahn is succeeding Judy Perry Martinez, who will be retiring, and will report to Sheila C. Cheston, corporate vice president and general counsel.
December 11, 2014
15:35 EDTNOCNorthrop Grumman renews service contract with Carisbrooke Shipping
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07:30 EDTCVUDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 9, 2014
10:01 EDTNOCNorthrop Grumman selected by Lockheed Martin to supply navigation system
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December 8, 2014
16:36 EDTNOCNorthrop Grumman CFO Palmer to retire, Kenneth Bedingfield elected CFO
Northrop Grumman announced that its board has elected Kenneth L. Bedingfield, corporate vice president and CFO, effective after the company files its 2014 annual report. Bedingfield will succeed James F. Palmer, who has announced his intention to retire in 2015. The company expects to file its annual report in February 2015, at which time Palmer will continue as a corporate vice president with the company until he retires in the summer of 2015. This will facilitate an orderly transition. Bedingfield joined Northrop Grumman in 2011.

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