Northrop Grumman on Wednesday announced changes to its organization and leadership it argued will better align portfolios. The company said there will be four modified operating sectors: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. Changes will be effective Jan. 1, 2020. ...
Business/Financial
Elbit Systems of America has finalized its $350 million acquisition of Harris Corp.’s night vision business, with the company looking for the partnership to enhance offerings for future F-35 helmet-mounted displays (HMD) and opportunities with the Army’s Next-Generation Combat Vehicle and ...
The U.S. Government recently approved the purchase of Harris Night Vision by Elbit Systems of America, LLC, (“Elbit America”) the U.S. subsidiary of Israel’s Elbit Systems Ltd. Adding night vision to its portfolio complements Elbit America’s worn, held and vehicle-installed ...
Lockheed Martin [LMT] plans to establish a new facility to support its hypersonic programs in northern Alabama, bringing nearly 300 new jobs to the region over the next three years. Company leaders and government officials will make a formal announcement Sept. 16, per a Lockheed Martin statement ...
General Dynamics [GD] has appointed Kevin Graney, president of GD National Steel and Shipbuilding Company (NASSCO), as president of GD Electric Boat (EB), effective Oct. 1. Concurrently, David Carver, NASSCO’s vice president and general manager of repair, is succeeding Graney as president of ...
After several weeks of speculation that the two developers for the Air Force’s next-generation intercontinental ballistic missile system could work together on a path forward, the companies appear to be at a crossroads. Northrop Grumman [NOC] has reportedly rejected Boeing’s [BA] offer to ...
