Northrop Grumman Corp

NYSE: NOC
$479.15
-$17.72 (-3.6%)
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The just announced delay will end up adding two years to the time it will take the new training jet to reach full operational capability.
Investors need to adapt quickly to whatever situation arises, but there is considerable confusion as to what to expect with a Trump presidency.
Boeing officials reportedly have told the U.S. Air Force that the company will take no further legal action to challenge the LRSB award to Northrop.
A report in Defense News cites a source who said that Raytheon will announce on Monday, February 22, that it is joining Alenia in a bid for the training jet program.
The GAO has rejected a protest filed by Boeing and Lockheed Martin challenging the award of a contract to build a new U.S. Air Force Long Range Strike-Bomber.
Lockheed Martin and its partner, Korean Aerospace, have been considering a clean-sheet design for a new U.S. Air Force training jet, the T-X.
One item in the defense budget generated something of a stir following the budget announcement.
Since the conclusion of World War II, the United States and a number of Western European nations have maintained extremely costly military industrial complexes — both in peacetime and during the...
Congress agreed early Friday on a $1.15 trillion federal budget for 2016, and about half the total spending was marked for the Department of Defense.
Stocks were indicated sharply higher again on Wednesday, even ahead of the Federal Reserve rate hike decision, wherein the Fed is expected to finally raise interest rates after almost a decade. The...
The 2017 defense budget is about $15 billion less than the Pentagon had planned on, and the generals and admirals are busy now trying to sort out what to keep and what to let go.
When Northrop Grumman won the U.S. Air Force contract to build the nation's Long-Range Strike-Bomber, the losing bidders wasted no time protesting the award.
A new study claims the Air Force requires an advanced bomber fleet of 200 new planes — good news for Northrop Grumman.
The now-disputed contract for the U.S. Air Force's Long Range Strike-Bomber affects more than the lead contractors.
When Northrop Grumman won an $80 billion contract to build the next U.S. Air Force bomber, it was virtually guaranteed that the losers would protest the award.