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Northrop Grumman Corp
Northrop Grumman pulls out of satellite tender for UK armed forces
...future SkyNet wideband satellite system contract”....
November 17, 2023
Satellites
Airbus signs up Northrop Grumman in bid for SkyNet military satellite contract
...Troy Brashear, vice-president of National Security Systems at Northrop Grumman Space Systems, said the partnership would provide customers with “innovative, reliable and affordable military satellite communications...
October 23, 2023
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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
LexLockheed Martin Corp
Lockheed Martin: investors are still waiting for the Ukraine sales bump Premium content
...Shares in Raytheon Technologies, which makes the Patriot missile defence system and is the biggest US weapon maker by market value, are flat....
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
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War in Ukraine
US defence industry boss calls for clarity on what arms Ukraine needs
...weapons system and avionics....
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
Aerospace & Defence
Northrop Grumman, Raytheon latest defence groups with cautious 2019 views
...Sales grew 8.5 per cent to $7.36bn on strength in missiles and integrated defence systems....
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
United Technologies Corp
United Technologies in talks with Raytheon to merge
...The decision to bring together the companies’ aerospace business will not impact United Technologies’ plan to spin off its Otis elevator and Carrier building-systems businesses into separate units....
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 posts upbeat results, lifts earnings outlook
...That was driven by a 10 per cent rise in its aerospace systems because of higher demand for its manned aircraft and a 3 per cent increase in missions systems which were boosted by demand for sensors and...
April 25, 2018
Aerospace & Defence
L3 and Harris merge in $33bn all-stock military electronics deal
...Harris Corp, which has an equity value of about $18bn, provides communications systems and electronics for military and civilian uses such as air-traffic control....
October 13, 2018
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US politics & policy
Northrop Grumman outlook bolstered by lower taxes
...A breakdown showed that sales rose by 5 per cent in the aerospace systems division to $3bn driven by growth in manned aircraft and autonomous systems....
January 25, 2018
US equities
Upbeat guidance boosts Northrop Grumman
...In the fourth quarter, Northrop said its sales increased 4 per cent to $6.6bn, ahead of analysts’ forecasts of $6.4bn, driven by aerospace and missions systems....
January 25, 2018
News in-depthAerospace & Defence
Military spending surge spurs defence industry deals
...This month’s proposed merger between L3 and Harris Corp creates a genuine challenger to the big five: Lockheed Martin, Boeing, Northrop Grumman, General Dynamics and Raytheon....
October 29, 2018
Aerospace & Defence
Northrop Grumman lifts earnings outlook again
...Defence group Northrop Grumman posted upbeat quarterly results driven by higher demand for its manned aircrafts and lifted its earnings outlook again....
October 25, 2017
Companies
General Dynamics’ focus on IT pays off
...Lockheed Martin and Northrop Grumman have both raised their full-year earnings outlook....
April 25, 2018
US & Canadian companies
SpaceX defends rocket after reports of launch failure
...Mr Musk’s space launch company was chosen by Northrop Grumman to launch Zuma....
January 9, 2018
Aerospace & Defence
Northrop Grumman to buy Orbital ATK in $9.2bn deal
...US defence contractor Northrop Grumman on Monday said it plans to buy Orbital ATK in a $9.2bn deal, marking the latest sign of consolidation in the industrial sector....
September 18, 2017
US & Canadian companies
Northrop Grumman to acquire rival Orbital in $9.2bn deal
...Defence group Northrop Grumman has agreed to buy rival Orbital ATK for $9.2bn, giving further impetus to the ongoing wave of consolidation in the aerospace industry....
September 18, 2017
US politics & policy
Defence contractor Northrop Grumman lifts earnings outlook again
...Defence giant Northrop Grumman lifted its full-year earnings outlook again on Wednesday even as it said strong aerospace system sales helped it deliver upbeat second quarter revenue....
July 26, 2017
Companies
Northrop lifts full-year earnings outlook, aerospace helps boost sales
...Defense contractor Northrop Grumman on Wednesday lifted its full-year earnings outlook and posted upbeat first quarter results, boosted by sales of aerospace systems....
April 26, 2017

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