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ESG investing
Climate change the ‘most common’ reason for portfolio exclusion
...Poongsan is followed by US defence group Northrop Grumman and India’s industrial conglomerate Larsen & Toubro....
October 9, 2023
War in Ukraine
US defence industry boss calls for clarity on what arms Ukraine needs
...Kathy Warden, chief executive of Northrop Grumman, one of the top five “prime” contractors in the US, warned that weapons stockpiles had not been built to service a lengthy war....
July 17, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Aerojet Rocketdyne Inc
US defence contractor L3Harris to buy Aerojet Rocketdyne for $4.7bn
...Florida-based L3Harris was formed in 2019 via the merger of L3 Technologies and Harris Corporation, and the group has been seeking further scale through acquisitions....
December 18, 2022
Moral Money
An ESG case for defence companies? Premium content
...Since then, the UN body began working closely with global corporations such as Ikea and Uniqlo to form initiatives outside their existing philanthropic arms....
March 4, 2022
Adventurous InvestorDavid Stevenson
Could investing in military tech make your portfolio more defensive?
...Large companies such as Raytheon, United Technologies Corporation and Northrop Grumman are all pushing towards all-time highs....
January 3, 2020
US & Canadian companies
Defence stocks fall after Trump-Kim summit
...Raytheon dipped 3.9 per cent to $206.31 per share Northrop Grumman slid 1.6 per cent to $328.53 per share Lockheed Martin dropped 1.6 per cent to $315.54 per share Harris Corporation shed 1.2 per cent...
June 12, 2018
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Due Diligence
Auditing in crisis Premium content
...Not so much is known about Zhongze, which is backed by China’s state aerospace and defence corporation Avic. Its website says it has a background in aviation and several other sectors....
August 2, 2018
UK equities
GKN climbs on speculation over automotive division sale
...Aerospace and defence stocks rallied as Northrop Grumman’s $7.8bn deal to buy Orbital helped spur consolidation hopes....
September 18, 2017
News in-depthThe Big Read
Small satellites and big data: a commercial space race hots up
...This month a multibillion-dollar spy satellite built by Northrop Grumman, which was launched by SpaceX, failed to reach orbit and was assumed to have been lost....
January 24, 2018
Coal
Indonesia’s coal king stands firm amid clean-energy challenges Premium content
...Thohir — referred to by his childhood nickname “Boy” by colleagues, employees and journalists — still remembers how his father criticised his plan to work for Citibank after graduating with an MBA from Northrop...
December 24, 2017
FT AlphavilleAlexandra Scaggs
What exactly is in those Bible-based ETFs, anyway?
...Like, why exclude Lockheed Martin, Northrop Grumman and Smith & Wesson, but invest in General Dynamics?...
March 2, 2017
Anjana Ahuja
When a moral machine is better than a flawed human being
...As the industry flourishes, we must have some means of holding researchers — many of them in rich, private corporations — to account....
January 12, 2015
News in-depthTechnology sector
Two crashes pose questions for private companies in space
...In the crash on Tuesday, an unmanned rocket operated by Orbital Sciences Corporation heading to the International Space Station exploded shortly after launch from Virginia....
November 1, 2014
John Gapper
The price of innovation is too high in aerospace
...The Pentagon has fought for years to get the F-35’s costs under control, and it last week pushed Lockheed, Northrop Grumman and BAE Systems into investing $170m in cost-reduction initiatives....
July 16, 2014
US politics & policy
US contractors cut capital expenditure
...Part of the capital expenditure decline at Northrop is because it moved to a new headquarters last year....
December 30, 2012
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
FT Magazine
The hacker hunters
...Out of 2,000 contenders from across the globe, Doman was only bested by a four-strong team from Northrop Grumman, the US defence contractor....
November 21, 2013
US & Canadian companies
General Dynamics lays plans for succession
...For example, Northrop Grumman appointed Wes Bush to the role in 2007 before bumping him up to the top job in 2010....
March 8, 2012
European companies
Wikileaks names 160 mass spyware vendors
...WikiLeaks has named 160 companies, including large corporations such as Alcatel-Lucent, Northrop Grumman and Siemens, that it claims are selling mass surveillance technologies, some of which are being used...
December 2, 2011
US & Canadian companies
L-3 plans spin-off of units to boost growth
...In 2009 Northrop Grumman sold its consulting unit to two private equity companies for about $1.7bn in cash and earlier this year it spun off its shipbuilding business to shareholders as Huntington Ingalls...
July 28, 2011
US & Canadian companies
New McDonald’s chief left with tricky task
...The Chicago native and 22-year McDonald’s veteran began his career as an electrical engineer at Northrop Corporation, the defence contractor, and after joining the restaurant chain in 1990 worked his way...
March 22, 2012
US equities
Wall St up on one-year anniversary of bottom
...Northrop Grumman the US defence group, lost 0.3 per cent to $64 after it said it would not bid for the US Air Force’s $35bn tanker project....
March 9, 2010
US & Canadian companies
Auctions show dealmakers’ creativity
...It remained unclear, however, as to whether Science Applications International Corporation, a rival engineering and technical advisory company, is interested in buying the business....
October 4, 2009
Companies
Statement: GM Officer and Board Announcements
...Kent Kresa, chairman emeritus, Northrop Grumman Corporation, has been named interim non-executive chairman of the board of directors....
March 30, 2009
Cyber warfare
Defence: Innovation keeps space sector aloft
...All of the biggest defence companies continue to have substantial operations in or around Los Angeles: Boeing, Raytheon and Northrop Grumman are all based there, as is the Aerospace Corporation, a federally...
October 27, 2008
US downturn
Wall Street rally led by financials
...Goodrich shares jumped 9.7 per cent to $67.66 while Northrop climbed 4.4 per cent $72.55....
April 24, 2008

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