Northrop Grumman(NOC)
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The 3 Smartest Space Stocks to Buy With $5k Right Now
Investor Place· 2024-07-17 11:30
Space stocks represent a rapidly expanding sector where innovation meets investment. As a result, they offer groundbreaking opportunities in an industry poised for exponential growth. With the global space economy projected to multiply in the coming decades, now is an opportune time to consider space-related stocks. The space economy includes applications like satellites, launchers, and broadcast services. It also directly impacts applications where space technology supports other industries, such as GPS fo ...
Northrop (NOC) Secures a Contract to Aid E-2D Hawkeye Jet Program
ZACKS· 2024-07-02 09:16
Northrop Grumman Corp.'s (NOC) business segment, Northrop Grumman Systems, recently clinched a contract involving its E-2D Advanced Hawkeye aircraft. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA. Details of the Deal Valued at $41 million, the contract is projected to be completed by July 2030. Per the terms of the deal, Northrop will procure four E-2D rotodome spares to enhance the E-2D advance capabilities used on the E-2D Advanced Hawkeye jets. W ...
Northrop (NOC) Wins Contract to Support E-2D Hawkeye Jets
ZACKS· 2024-06-25 17:50
NOC's Growth Prospects Details of the Deal What's Favoring Northrop? Through its effective radar sensor and robust network-enabled capability, the Advanced Hawkeye aircraft provides critical, actionable data to joint forces and first responders. This must have prompted the Morder Intelligence firm to project a CAGR of 3.7% for the global fighter aircraft market in the 2024-2029 period. Such growth prospects should benefit Northrop as its product portfolio offers a wide range of manned and unmanned aircraft ...
Northrop Grumman Announces Webcast, Conference Call of Second Quarter 2024 Financial Results
Newsfilter· 2024-06-20 13:00
FALLS CHURCH, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2024 financial results will be posted on its investor relations website on July 25, 2024. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website a ...
Northrop Grumman Announces Webcast, Conference Call of Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-06-20 13:00
FALLS CHURCH, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2024 financial results will be posted on its investor relations website on July 25, 2024. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website a ...
What You Need to Know About Northrop Grumman's B-21 Raider
GlobeNewswire News Room· 2024-06-18 20:09
FALLS CHURCH, Va., June 18, 2024 (GLOBE NEWSWIRE) -- Benefitting from more than three decades of strike and stealth technology innovation, the B-21 is the next evolution of the U.S. Air Force strategic bomber fleet and the world's first sixth-generation aircraft to reach the skies. The average not to exceed value for the subsequent lots is above the average unit price of the five LRIP lots. augmented reality tools allowing technicians to visualize tasks and solve problems before ever touching the plane, to ...
Northrop (NOC) Wins $245M Contract to Aid SEWIP Block 3 Systems
ZACKS· 2024-06-14 12:50
A major portion of the work related to this deal will be carried out in Baltimore, MD. Such advantages of the electronic warfare system make it an attractive option for the military, thereby resulting in NOC winning orders for the same, like the latest one. These developments are likely to boost the company's revenue-generation prospects from the SEWIP electronic warfare system. Impressively, Northrop has provided Naval Airborne Electronic Warfare solutions for more than 55 years and is the Airborne Electro ...
High-Conviction Buys: 2 Of My Favorite Dividend Growth Stocks Are Now Bargains
Seeking Alpha· 2024-06-14 11:30
stocknshares Shock Over 8% 6 4 2 0 2% Target 2013 2014 2016 2018 2020 2022 2024 Source: Bloomberg The Atlanta Fed measures sticky price inflation, which covers goods whose prices are hard to change and less likely to fall. The Cleveland Fed measures trimmed-mean inflation, which excludes the biggest outliers in both directions (up and down). Bloomberg Bloomberg While I would not bet against a rate cut, it needs to be said that the Fed isn't as dovish as one might think. Cheaper companies are back to underpe ...
Northrop Grumman Layoffs 2024: What to Know About the Latest NOC Job Cuts
Investor Place· 2024-06-11 14:31
These Northrop Grumman layoffs were revealed in a WARN letter sent to the state of Arizona. This letter warns of a potential 543 job cuts at the company's Arizona facilities. It's worth mentioning that NOC employs 4,200 people in the state. Northrop Grumman doesn't provide a specific reason for the job cuts in its WARN letter. However, traders will note that the company lost out on a $17 billion contract with the U.S. Missile Defense Agency. Northrop Grumman (NYSE:NOC) layoffs are coming for hundreds of the ...
Northrop (NOC) Wins $119M Contract to Aid E-2 Hawkeye Jet Program
ZACKS· 2024-06-10 13:20
Details of the Deal What's Favoring Northrop? On the other hand, the E-2C Hawkeye 2000 variant possesses the most advanced AEW&BM capabilities in service today. It is the fifth-generation production E-2C Hawkeye and incorporates significant enhancements in data management, connectivity, and situational awareness to support the Navy's evolving Theater Air and Missile Defense mission. This must have prompted the Mordor Intelligence firm to project a CAGR of 5.2% for the global military aviation market over th ...