Hints and tips:
...US defence group Northrop Grumman has pulled out of the first stage of a competition to build a new generation of satellites for UK’s armed forces, leaving just one shortlisted contender for the tender....
...The missiles are built by US defence contractor Lockheed Martin, using rocket motors from rival Northrop Grumman....
...For the UK, it’s a lot of booze and builders — never to be mixed....
...Northrop Grumman said exports of the E-2D were a matter for the US government, which manages the “foreign military sales” process....
...Northrop Grumman has been reassessing its portfolio as global defence priorities have shifted....
...Northrop Grumman said its full-year sales would be at the lower end of its guidance this year. Lockheed cut its 2022 guidance in July....
...Grumman....
...More earnings: Aerospace and defence contractor Northrop Grumman, payments processor Mastercard, pharmaceutical company Bristol-Myers Squib, confectioner Hershey, cruise line Royal Caribbean, industrials...
...This has shrunk to five highly diversified companies: Lockheed, Raytheon Technologies, Boeing, General Dynamics and Northrop Grumman....
...Leaders at Lockheed, Raytheon, Boeing, Northrop Grumman and General Dynamics all spoke of the difficulty of securing parts and labour during recent earnings calls....
...With that in mind, thank you David Hindley for guiding this newsletter ship in my absence these past two weeks....
...In personal news, I’m about to take a week’s break — early December preparation for the festive season — so next Sunday my colleague Steffie Banatvala will be manning the good ship Week Ahead....
...Kathleen Hicks, deputy US defence secretary, met with chief executives from the top eight US defence contractors — including Boeing, Lockheed Martin and Northrop Grumman — to discuss ramping up production...
...Many of the world’s largest defence companies, including America’s Lockheed Martin, Northrop Grumman and Raytheon as well as Britain’s BAE Systems, have been investing in hypersonics and are working with...
...Grumman Q3, Norwegian Air Q3, Panasonic Q2, Royal Dutch Shell Q3, Saint-Gobain Q3, Samsung Q3, Sony Q2, Skandia Q3, Starbucks FY, STMicroelectronics Q3, Swisscom Q3, UniCredit Q3, Volkswagen Q3, Yum Brands...
...Lockheed Martin and Northrop Grumman have both raised their full-year earnings outlook....
...Several of the world’s biggest defence companies, including America’s Northrop Grumman and France’s Naval Group, formerly DCNS, are already setting up facilities in Australia as they position themselves...
...Sipri lists Austal, a ship builder, as the country’s biggest arms manufacturer with revenues of US$980m last year, ranking it only the 72nd-biggest global arms company....
...Other defence heavyweights such as Northrop Grumman and General Dynamics have made similar moves....
...Northrop Grumman could sustain tweet damage too, he theorises, though “there is no evidence that any of NOC’s programmes are underperforming”....
...Executives from BAE Systems, Rolls-Royce, Northrop Grumman and General Electric were grilled by the defence select committee about the failures that have caused the UK’s newest and most advanced destroyers...
...Northrop Grumman is now certain to be the builder of the US’s new, $80bn stealth bomber after its only rivals for the work said they were giving up further appeals over the award....
...The new ship was constructed by the Spaceship Company, a subsidiary of Virgin Galactic, rather than Scaled Composites, the subsidiary of Northrop Grumman that was previously conducting the test programme...
...SpaceX’s contract with Nasa illustrates the trend, while Scaled Composites, operator of SpaceShipTwo on behalf of Virgin Galactic, has belonged since 2007 to Northrop Grumman, one of the biggest suppliers...
International Edition