Sign In
Search
Business/Financial

Northrop Grumman Posts Solid First Quarter Results; Says Won’t Bid GPS III, F-35 Sensor

Cal Biesecker By
SHARE:
Northrop Grumman Posts Solid First Quarter Results; Says Won’t Bid GPS III, F-35 Sensor
Northrop Grumman Chairman and CEO Wes Bush. Photo: Northrop Grumman

Northrop Grumman [NOC] on Wednesday opened its fiscal year 2018 with solid results, driven by improved operating performance, lower taxes and a pension benefit, and the company upgraded its earnings outlook for the year.Northrop Grumman officials also said on their earnings call that the company won’t bid for the second phase of production for the Air Force GPS III satellite program or on a recompete of a next-generation sensor for the F-35 Lightning II fighter aircraft that it is the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure

Defense Watch

Defense Watch: Possible MUSV Lease, CBO and Golden Dome, X-BAT Sites

Air Force

Army Establishes Dedicated Counter-Drone Testing Lanes At Yuma

Air Force

USAF Awards Raytheon Nearly $21 Billion for AMRAAM Foreign Orders

Trending

Defense Watch: Possible MUSV Lease, CBO and Golden Dome, X-BAT Sites
Army Picks Initial 30 Finalists For Low-Cost Interceptor Demonstrations
Boeing Picked For Navy’s F/A-XX Carrier Fighter
USAF Awards Raytheon Nearly $21 Billion for AMRAAM Foreign Orders
U.S. Space Force Pins Hopes on Space-Based Radar Systems, Northrop Grumman Building GMTI System

Congress Updates

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume