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Stock Market & Financial Investment News

News Breaks
March 25, 2013
08:34 EDTBAESY, NOC, CWCurtiss-Wright awarded $2.5M contract by Northrop Grumman for GCV project
Curtiss-Wright Corporation (CW) announced the receipt of a contract from Northrop Grumman (NOC) to provide open architecture mission computer and network switch subsystems for use in the U.S. Army's new Ground Combat Vehicle, or GCV, Infantry Fighting Vehicle. The initial value of the contract is $2.5M. The contract has a total potential value in excess of $250M over the lifetime of the production phase of the program, which is expected to begin in 2018. Under the terms of the contract, shipments began in the 1Q12 and are scheduled to continue throughout the remainder of this year. The BAE Systems-Northrop Grumman team is one of two industry teams working under technology development contracts for the GCV program.
News For CW;NOC;BAESY From The Last 14 Days
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April 17, 2014
08:34 EDTNOCFCC to hold a workshop
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April 15, 2014
07:51 EDTBAESYGeneral Dynamics chooses to skip GAO protest over Army car plan, Reuters says
General Dynamics (GD) said it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its rival, Britain's BAE Systems (BAESY), according to Reuters, citing a statement from a General Dynamics spokesman. The spokesman said, "We will continue to discuss the AMPV program with the U.S. Department of Defense and the Congress. We do not believe a GAO protest is the right forum for this issue and we will not file one." Reference Link
April 11, 2014
17:23 EDTNOCNorthrop Grumman awarded $234.1M government contract modification
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April 9, 2014
16:08 EDTNOCNorthrop Grumman ships payload module two months early
Northrop Grumman (NOC) shipped the fourth Advanced Extremely High Frequency satellite payload module nearly two months early, at Lockheed Martin (LMT) Space Systems, Sunnyvale, Calif., AEHF system prime contractor.Complete payload delivery is expected to finish a full six months early.
April 8, 2014
09:05 EDTBAESYBAE Systems inks contract with Southwest for MRO services
Southwest Airlines (LUV) has selected BAE Systems (BAESY) as its exclusive provider of maintenance, repair, and overhaul services for the full authority digital engine controls on more than 450 737 Next Generation aircraft. Under the five-year agreement, BAE Systems will provide proactive repairs that will improve the availability and reliability of Southwestís fleet.
April 7, 2014
08:34 EDTNOCNorthrop Grumman to build five additional MQ-8c fire scouts for U.S. Navy
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