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Stock Market & Financial Investment News

News Breaks
October 17, 2012
08:08 EDTNOC, HIINorthrop to supply machinery control system for LHA-7 Amphibious Assault Ship
Northrop Grumman (NOC) has been awarded a $50.6M contract by prime contractor Huntington Ingalls Industries (HII) to supply the Machinery Control System, or MCS, for the U.S. Navy's LHA-7 amphibious assault ship. The MCS controls the major shipboard systems including the highly automated propulsion, electric plant and fuel fill systems. The equipment being supplied includes 56 data acquisition units, 27 workstations and 1,125 fire sensors located throughout the vessel. The work will be performed chiefly in Charlottesville and the MCS will be installed on the LHA-7 at HII's shipyard in Pascagoula, Miss., before delivery to the Navy. Equipment deliveries are expected to begin in 2014 and continue into 2016, with installations to follow.
News For NOC;HII From The Last 14 Days
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June 18, 2013
06:40 EDTHIIHuntington Ingalls initiated with a Hold at Stifel
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June 17, 2013
06:20 EDTNOCNorthrop Grumman to upgrade container vessel navigation systems for Arklow
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June 14, 2013
14:47 EDTHIIHuntington Ingalls awarded $76.8M advance procurement contract for NSC
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June 13, 2013
12:01 EDTNOCNorthrop Grumman awarded contract to supply air traffic communications
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08:32 EDTNOCLONGBOW receives $90M contract for Saudi Arabia Apache radar systems
The LONGBOW Limited Liability Company, a joint venture of Lockheed Martin (LMT) and Northrop Grumman (NOC), received a $90.6M contract to provide Saudi Arabia with LONGBOW Fire Control Radars for the AH-64 Apache Attack Helicopter. The contract award includes AH-64E LONGBOW FCRs, spares and support for the Royal Saudi Land Forces Aviation Command. The contract also includes LONGBOW FCRs for the Saudi Arabia National Guard and LONGBOW Mast Mounted Assemblies for the U.S. Army.
June 12, 2013
11:39 EDTNOCPentagon indicates deep cuts to contractors, Government Executive reports
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June 10, 2013
17:25 EDTNOCNorthrop Grumman awarded $115M government contract
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June 6, 2013
08:06 EDTNOC, HIIBofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.
June 5, 2013
09:03 EDTNOCNorthrop Grumman awarded $318M task order from Defense Intelligence Agency
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