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Stock Market & Financial Investment News

News Breaks
May 27, 2014
11:02 EDTGD, NOCNorthrop Grumman awarded contract by General Dynamics Electric Boat
Northrop Grumman (NOC) has been awarded a contract by shipbuilder General Dynamics (GD) Electric Boat to complete detailed design and subsequent manufacturing, assembly, qualification and delivery of the first turbine generator units for the Ohio Replacement Program , the U.S. Navy's next-generation ballistic nuclear submarine. The turbine generators provide all of the submarine's propulsion and other electrical power requirements. This award follows separate ORP contract awards from General Dynamics to Northrop Grumman's Marine Systems business unit for other ORP components. The ORP plan is to design and build a new class of 12 ballistic missile submarines to replace the Navy's current force of 14 Ohio-class SSBNs, which will be retired starting in 2027.
News For NOC;GD From The Last 14 Days
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March 25, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
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08:08 EDTNOCNorthrop Grumman selected by Royal Canadian Air Force
Northrop Grumman announced it has been selected by the Royal Canadian Air Force to provide infrared missile protection on its fleet of CH-147F Chinooks.
08:08 EDTGDGeneral Dynamics upgraded at RBC Capital
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06:19 EDTGDGeneral Dynamics upgraded to Outperform from Sector Perform at RBC Capital
March 24, 2015
08:46 EDTNOCCPI Aerostructures awarded $1.21M contract by Northrop Grumman
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March 23, 2015
08:13 EDTGD, NOCBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTNOCBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
March 20, 2015
09:02 EDTNOCUS Air Force Sustainment Center and Northrop enter into partnership agreement
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March 19, 2015
16:10 EDTNOCNorthrop Grumman wins recompete for DISA task order
Northrop Grumman has been awarded a task order by the Defense Information Systems Agency, or DISA, to continue its lead role on the Acropolis and Sensor Operations program - a capability that protects DISA-managed networks from cyber-attack and provides global cyber situational awareness for these networks. The award is worth up to $73.6M over four years.
March 17, 2015
13:01 EDTGDGeneral Dynamics unit selected for $1.3M task order
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07:18 EDTNOCSatellite & Access Intelligence to hold a exhibition
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March 13, 2015
17:50 EDTNOCNorthrop Grumman awarded $113.3M government contract modification
Northrop Grumman Corp. Electronic Systems, Linthicum Heights, Maryland, is being awarded a $113,276,299 modification under a previously awarded contract to exercise an option for procurement of two additional Ground/Air Task-Oriented Radar low-rate initial production systems. Exercise of this option brings the total production of G/ATOR LRIP systems to six systems. Fiscal 2013 procurement funds in the amount of $1,396,263, fiscal 2014 procurement funds in the amount of $4,320,179, fiscal 2015 procurement funds in the amount of $80,992,517 and fiscal 2015 research, development, test and evaluation funds in the amount of $22,230,000 will be obligated at the time of award. Contract funds in the amount of $1,396,263 will expire at the end of the current fiscal year. This modification is awarded against a sole-source contract in accordance with 10 U.S.C. 2304(c)(1). The Marine Corps Systems Command, Quantico, Virginia, is the contracting activity.

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