Sessions: Stop $35 billion tanker competition until Boeing, Northrop pricing data disclosedOctober 1st, 2009 Sessions wants to block funding on $35B tankerWASHINGTON — A Senate Republican who backs Northrop Grumman Corp.'s bid for a disputed $35 billion Air Force tanker contract wants to withhold funding until the service resolves a company gripe with the competition. Sen. Jeff Sessions of Alabama filed an amendment Thursday that would require the Air Force to release pricing information of previous bids from both Northrop and its partner, Airbus parent European Aeronautic Defense and Space Co.
Northrop Grumman beats out Boeing for $3.8 billion Air Force tanker logistics dealOctober 1st, 2009 Northrop Grumman gets $3.8B Air Force dealWASHINGTON — Northrop Grumman Corp. beat out rival Boeing Co.
Northrop Grumman gets $36.1 million Air Force pact for spares for radar systemSeptember 30th, 2009 Northrop Grumman gets $36.1M Air Force pactWASHINGTON — Northrop Grumman Corp. received a $36.1 million contract from the Air Force for various spare parts for a low powered radar system, the Pentagon said late Wednesday.
Air Force renews bid to award troubled $35 billion tanker contact to either Boeing, NorthropSeptember 25th, 2009 Air Force restarts $35B tanker competitionWASHINGTON — The Air Force on Friday launched its third attempt to award a $35 billion tanker contract to either Boeing Co. or Northrop Grumman Corp.
Summary Box: Air Force kicks off $35 billion tanker competition between Boeing, NorthropSeptember 25th, 2009 Summary Box: Air Force restarts $35B tanker dealFRESH START: The Air Force on Friday released its latest request for bids on a $35 billion contract for mid-flight refueling tankers coveted by Boeing Co. and Northrop Grumman Corp.
Murtha says Air Force's latest $35 billion tanker contract appears 'open and less subjective'September 24th, 2009 Murtha: $35B tanker competition appears 'open'WASHINGTON — A House Democrat says the Air Force's latest attempt to award a troubled $35 billion contract for mid-flight refueling tankers appears "open and less subjective."
John Murtha of Pennsylvania says that "after eight years, we can finally get on with this program." He chairs the House Appropriations subcommittee on defense. Murtha was one of several lawmakers briefed by Air Force Secretary Michael Donley and other Pentagon officials on the latest request for bids — due out Friday — on the tanker competition between Northrop Grumman Corp.
Northrop Grumman Chairman, CEO Ronald Sugar retiring; Wes Bush to replace him effective Jan. 1September 16th, 2009 Northrop Grumman CEO Ronald Sugar retiringWASHINGTON — Northrop Grumman Corp. said Wednesday Ronald Sugar will step down as chairman and CEO at the end of the year, ahead of his retirement in June 2010.
Northrop Grumman unit wins part of US Navy contract worth as much as $455 millionSeptember 14th, 2009 Northrop Grumman unit wins US Navy contractVIRGINIA BEACH, Va. — Northrop Grumman Corp.
LaBarge's 4Q profit declines 43 percent as customers defer capital purchasesAugust 27th, 2009 LaBarge posts 43 percent drop in 4Q profitST. LOUIS — LaBarge Inc., which makes electronics for use in military aircraft, said Thursday its fiscal fourth-quarter profit slumped 43 percent as customers continued to defer purchases of capital equipment.
Northrop Grumman gets $7.1 million Air Force deal for spares of unmanned aerial vehiclesAugust 25th, 2009 Northrop Grumman gets $7.1M defense dealWASHINGTON — A division of Northrop Grumman Corp. received a $7.1 million contract from the Air Force to provide spare equipment at bases using the Global Hawk, an unmanned aerial vehicle, the Pentagon said Monday.
Northrop Grumman wins $430 million Army contract for information and network operationsAugust 24th, 2009 Northrop Grumman cybersecurity team gets Army pactRESTON, Va. — Northrop Grumman Corp.
Northrop posts lower 2Q profit on higher pension costs as revenue rises; backs 2009 outlookJuly 23rd, 2009 Northrop 2nd-qtr profit drops 20 percentNorthrop Grumman Corp.'s second quarter profit dropped by 20 percent as the No. 2 defense contractor said it was hurt by higher pension costs and higher estimates of costs to complete several ships being built in its Gulf Coast yards.
Northrop Grumman unit gets $276.3 million Air Force deal for communications networkJune 24th, 2009 Northrop Grumman unit gets $276.3M Air Force dealWASHINGTON — A unit of Northrop Grumman Corp., the nation's second-largest defense contractor, received a $276.3 million Air Force deal for a communications network that will be used on military drones, the Pentagon said Wednesday. The Battlefield Airborne Communications Node System is a prototype of a remotely accessed, high-altitude and tactical communications network that will be used on unmanned aerial vehicles, or drones, which have seen greater use in Pakistan and Afghanistan.
Northrop Grumman receives contract modification from NavyJune 23rd, 2009 Northrop Grumman receives contract modificationNEW YORK — Northrop Grumman Shipbuilding Inc., a unit of Northrop Grumman Corp. is being awarded a $213.8 million modification to a previously awarded Navy contract, the U.S.
Northrop Grumman 1st-qtr profit rises nearly 50 pct on higher military sales; raises outlookApril 22nd, 2009 Northrop Grumman 1st-qtr profit up nearly 50 pctWASHINGTON — Northrop Grumman Corp. on Wednesday said its first-quarter profit rose almost 50 percent, boosted by higher sales of military products like aerial drones and a larger contract for a satellite-based tracking system.