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: Marauder, CVN-65, Leidos OTAs, Joby USAF Contract, S-92 to Korea

Defense Watch

Defense Watch: BAE Deck Launcher, SSN-788, Swedish Saildrone, XQ-57A, Leidos Dividend

Trending

Northrop Grumman Declines To Protest F/A-XX
Bridenstine: First Quantum Space Delivery ‘Will Be Well Ahead’ Of 2031 First Task Order Due Date Under Andromeda
Defense Watch: Marauder, CVN-65, Leidos OTAs, Joby USAF Contract, S-92 to Korea
Executive Branch Decisions on Ukraine Loom, Including New Starshield Contract and F-16 Upgrades
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Congress Updates

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

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