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Stock Market & Financial Investment News

News Breaks
August 21, 2014
05:11 EDTNOCNorthrop Grumman confirms award of U.S. Navy CANES contract
The U.S. Navy has selected Northrop Grumman as one of five contractors for the Consolidated Afloat Networks and Enterprise Services, or CANES, full deployment production contract to upgrade cybersecurity, command and control, communications and intelligence systems across the fleet. The indefinite delivery, indefinite quantity multiple award contract has a potential value of $2.5B over eight years.
News For NOC From The Last 14 Days
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October 1, 2014
17:14 EDTNOCNorthrop Grumman awarded $306.13M government contract
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10:36 EDTNOCNorthrop Grumman to host Global Land Forces Modernization Media Briefing
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07:56 EDTNOCSyrian strikes sure to prompt calls to reconsider defense cuts, WSJ says
The expanded U.S. military campaign in the Middle East, including airstrikes in Syria, is expected to cost tens of billions of dollars in the short-term and is certain to put renewed pressure on the president and Congress to reconsider spending caps on the defense budget, according to The Wall Street Journal. Publicly traded companies in the Defense space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX). Reference Link
September 29, 2014
09:09 EDTNOCNorthrop Grumman developes unmanned systems capabilities for maritime missions
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September 26, 2014
10:01 EDTNOCOn The Fly: Analyst Upgrade Summary
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06:47 EDTNOCFAA drone decision could be milestone, NY Times says
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05:41 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Deutsche Bank
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September 25, 2014
16:01 EDTNOCNorthrop Grumman awarded $61M performance based contract by U.S. Navy
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10:06 EDTNOCOn The Fly: Analyst Upgrade Summary
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07:27 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Argus
Argus upgraded Northrop Grumman to Buy with a $145 price target based on relative valuation, contract wins, and backlog. The analyst believes Northrop is financially strong and positioned to deliver EPS upside.
September 23, 2014
08:38 EDTNOCBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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