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: Mythos, DARC, DARPA Plane, New SWO Boss, Startup Raises

Defense Watch

Defense Watch: DoD AI Deals, P-8 Upgrade, Drone and Counter-Drone News

Trending

Pentagon Signs Framework Deals To Rapidly Buy Low-Cost Cruise Missiles, New Hypersonic Weapon
Addition Of Production Lines For F-15EX Eyed By USAF, MQ-9 Follow-On In Works
HAC-D Lawmakers Skeptical Of Battleship; CNO Says Will Use Ford Reactor
Army Awards Leidos $2.7 Billion To Accelerate Hypersonic Work
Defense Watch: Mythos, DARC, DARPA Plane, New SWO Boss, Startup Raises

Congress Updates

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume