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.
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: Pentagon 'distorts' $35 billion tanker contest by revealing pricing data to BoeingSeptember 30th, 2009 Northrop: Boeing has 'unfair' edge in tanker dealWASHINGTON — The Pentagon has given Boeing Co. an "unfair" advantage in the latest competition for a troubled $35 billion tanker contract, a Northrop Grumman Corp.
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.
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.
Gates restores Air Force authority to pick winner in troubled $35 billion tanker competitionSeptember 16th, 2009 Gates restores Air Force authority in tanker dealWASHINGTON — Defense Secretary Robert Gates on Wednesday restored the Air Force's authority to select the winner of a $35 billion contract for aerial refueling tankers between Boeing Co. and 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 receives $2.6M pact from Northrop Grumman to provide electronic subsystems for radarAugust 26th, 2009 LaBarge gets $2.6M Northrop Grumman contractST. LOUIS — LaBarge Inc.
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.
Pentagon's budget request calls for nearly 6 percent increase on weapons spendingMay 8th, 2009 Pentagon's requests increased weapons spendingWASHINGTON — The Pentagon's proposed $534 billion budget calls for more spending on projects like Lockheed Martin Corp.'s F-35 fighter jet, a naval destroyer built by Bath Iron Works and Sikorsky's Black Hawk helicopters. The department wants to increase spending on procurement by 5.6 percent to $107.4 billion for the fiscal 2010 budget, which begins Oct.
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.