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Northrop Grumman Corp
Northrop Grumman pulls out of satellite tender for UK armed forces
...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....
November 17, 2023
Aerospace & Defence
US political ‘chaos’ shuts Pentagon contractors out of military stocks boom
...The US government is a significant part of their businesses, accounting for 86 per cent of Northrop Grumman’s revenues and nearly three-quarters of Lockheed’s sales in 2023....
March 4, 2024
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
Satellites
Airbus signs up Northrop Grumman in bid for SkyNet military satellite contract
...The tender for the latter is already under way and Airbus, which had already teamed with Northrop Grumman for this contract, has been shortlisted alongside Thales....
October 23, 2023
LexIndustrials
US defence stocks: new conflicts change little for arms groups Premium content
...Northrop Grumman is up 15 per cent. L3Harris Technologies is 7 per cent higher....
October 23, 2023
News updates from October 9: Oil prices rebound, EU to order Illumina to sell cancer unit
Defence stocks rise sharply on threat of further conflict
...Lockheed Martin jumped almost 5 per cent, RTX Corp, formerly Raytheon Technologies, rose 4.5 per cent, Northrop Grumman increased 4.3 per cent and General Dynamics was up 3.2 per cent....
October 9, 2023
Space industry
The dead cat launch
...Grumman....
July 10, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
LexLockheed Martin Corp
Lockheed Martin: investors are still waiting for the Ukraine sales bump Premium content
...Those of Northrop Grumman, a leading manufacturer of attack and surveillance drones, are up 3 per cent. General Dynamics is down 6 per cent....
April 18, 2023
Aerospace & Defence
Parts shortages dog US defence contractors as war depletes arsenals
...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....
October 27, 2022
Aerojet Rocketdyne Inc
US defence contractor L3Harris to buy Aerojet Rocketdyne for $4.7bn
...This has shrunk to five highly diversified companies: Lockheed, Raytheon Technologies, Boeing, General Dynamics and Northrop Grumman....
December 18, 2022
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
Aerospace & Defence
Taiwan tensions a boon for defence industry but supply chain disruptions loom
...Leaders at Lockheed, Raytheon, Boeing, Northrop Grumman and General Dynamics all spoke of the difficulty of securing parts and labour during recent earnings calls....
August 17, 2022
US & Canadian companies
SpaceX wins $2.9bn Nasa contract to land Americans on the moon
...Bezos had sought to align himself with some of the traditional powers of the US space industry, fronting a project to build a lunar lander alongside Lockheed Martin, Northrop Grumman and Draper....
April 16, 2021
ReviewBiography and memoir
Liftoff by Eric Berger — Musk’s otherworldly ambition
...In the early 2000s, SpaceX offered satellite launches for $6m compared with a minimum of $26m for the rival air-launched Pegasus vehicle now owned by Northrop Grumman....
April 7, 2021
Aerospace & Defence
Northrop Grumman, Raytheon latest defence groups with cautious 2019 views
...Northrop Grumman and Raytheon joined their peers in offering cautious 2019 profit forecasts on Thursday, despite robust weapons demand....
January 31, 2019
Aerospace & Defence
US defence stocks boosted by Trump missile plan
...Northrop Grumman was the biggest winner in afternoon trading, with shares climbing 2.9 per cent....
January 17, 2019
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
United Technologies Corp
United Technologies in talks with Raytheon to merge
...Last October, two other US defence companies, L-3 Technologies and Harris Corp, agreed to merge to form a company with $16bn in revenue focused on defence electronics and military communications....
June 9, 2019
Northrop Grumman Corp
US defence contractor Northrop Grumman lifts 2018 profit forecast
...Northrop Grumman on Wednesday lifted its full year profit outlook after the US defence group, which makes everything from autonomous aircraft to radar systems, posted sales rises last quarter in two of its...
October 24, 2018
US & Canadian companies
Orbital deal costs weigh on US defence group Northrop Grumman
...The $9.2bn acquisition of Orbital, a specialised aviation and space contractor, boosted sales at Northrop Grumman by around $400m in the three weeks after the deal closed, the US defence contractor said...
July 25, 2018
Aerospace & Defence
Northrop Grumman chief executive to step down at year’s end
...Northrop Grumman said on Thursday that its chief executive, Wes Bush, will step down at the end of 2018 after eight years in the US defence group’s top job....
July 12, 2018
Aerospace & Defence
Defence stocks jump after reports say Trump backs $750bn military budget request
...Rival Raytheon Co also notched its biggest one-day gain since March 23, rising as much as 4.4 per cent to $172.34 Northrop Grumman booked a 4.1 per cent rise to $267.98 while General Dynamics advanced 1.5...
December 10, 2018
Aerospace & Defence
Northrop Grumman posts upbeat results, lifts earnings outlook
...US defence contractor Northrop Grumman on Wednesday posted upbeat earnings aided by a lower tax rate and lifted its earnings outlook for the year....
April 25, 2018
Aerospace & Defence
Airbus teams up with Lockheed Martin in US air tanker market
...The air force then launched a competition that pitched Boeing against a team of Northrop Grumman and EADS, Airbus’s then parent group....
December 4, 2018
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
Aerospace & Defence
L3 and Harris merge in $33bn all-stock military electronics deal
...L3 Technologies and Harris Corp are to merge in an all-stock deal to create one of the world’s leading defence groups with a combined market value of $33.5bn....
October 13, 2018
US politics & policy
Northrop Grumman outlook bolstered by lower taxes
...US defence group Northrop Grumman on Thursday delivered upbeat guidance from a lower tax rate, higher-than-expected quarterly sales and raised its quarterly dividend....
January 25, 2018

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