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News Breaks
August 6, 2014
10:37 EDTHII, GD, NOCNorthrop awarded contracts from U.S. Navy, others for DDGs
Northrop Grumman (NOC) has been awarded contracts from the U.S. Navy, General Dynamics (GD) Bath Iron Works and Huntington Ingalls (HII) Industries to provide integrated bridge and navigation systems and steering gear systems to modernize Arleigh Burke-class guided missile destroyers, or DDGs. Naval Sea Systems Command exercised options for the acquisition and testing of five integrated bridge and navigation systems valued at $11M. General Dynamics Bath Iron Works and Huntington Ingalls Industries jointly exercised options for six steering gear systems valued at $30M. Back fit installation of the IBNS systems by the Navy will be conducted at the home ports of the vessels during their modernization windows. For the new build ships, steering gear systems and IBNS systems will be installed at the shipyards of Bath Iron Works and Huntington Ingalls Industries. Deliveries will begin in 2015 and are expected to be completed by 2021.
News For NOC;GD;HII From The Last 14 Days
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January 23, 2015
10:07 EDTNOCHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
January 21, 2015
17:38 EDTNOCNorthrop Grumman CEO sees no shift in U.S.views on Defense M/A, Reuters says
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16:01 EDTHIIHuntington Ingalls announces the creation of Stoller Newport News Nuclear
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January 15, 2015
13:49 EDTNOCNorthrop Grumman beats out Boeing for missile contract, Reuters reports
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08:06 EDTNOCNorthrop Grumman wins missile contract with $963.5M potential value
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January 14, 2015
17:10 EDTNOCNorthrop Grumman awarded $963.5M government contract
Northrop Grumman has been awarded a $963.5M indefinite-delivery/indefinite-quantity contract for intercontinental ballistic missile, or ICBM, ground subsystems support. Contractor support includes sustainment engineering, technical assistance and program management services for ground subsystems to include sustainment, assessment, system modification and technical support. Work will be performed at Hill Air Force Base, Utah; Vandenberg Air Force Base, California; Malmstrom Air Force Base, Montana; Minot Air Force Base, North Dakota; F.E. Warren Air Force Base, Wyoming, Offutt Air Force Base, Nebraska; Colorado Springs, Colorado; and Needham, Massachusetts, and is expected to be complete by Jan. 31, 2020. This award is the result of a competitive acquisition with two offers received.
07:25 EDTHIIHuntington Ingalls coverage resumed with a Hold at Stifel
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January 13, 2015
10:32 EDTGDGeneral Dynamics awarded $26M contract by NAVSEA
The Naval Sea Systems Command, or NAVSEA, awarded General Dynamics Land Systems a $26.2M contract for the production of MK46 Modification 2 Gun Weapon Systems for use on Littoral Combat Ships, and Zumwalt-class ships. General Dynamics Land Systems is a business unit of General Dynamics.
09:17 EDTGDGeneral Dynamics Q4 results likely to beat expectations, says Sterne Agee
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