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Work resumed under the Long Range Strike Bomber program (LRS-B), which resulted in the Northrop Grumman B-21 Raider. [15] [12] Debates persist within the Air Force ranks about the 2037 bomber and the future of long-range strike. The Air Force's interest, or lack thereof, in a follow-on bomber to the LRS-B has not been publicly divulged.
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
A Sweet Severance According to a regulatory filing known as a Form 8K, Hurd will receive $12.2 million in cash under HP's severance plan, vested options on 775,000 shares of HP stock, and another ...
Northrop Grumman, headquartered in Falls Church, Virginia, employs roughly 97,000 people. The company has a market cap of $75 billion, and its stock was trading at roughly $490 a share on Sept. 9.
The Air Force subsequently halted funding for the Boeing project, leaving Northrop Grumman as the sole bidder for the contract by October 2019. [19] In December 2019, it was announced that Northrop Grumman won the competition to build the future ICBM. Northrop won by default, as their bid was the only one left to be considered for the GBSD program.
The contract to build her was awarded to Northrop Grumman Ship Systems on 6 March 1998, and her keel was laid down on 14 January 2002, at Ingalls Shipbuilding, Incorporated. She was launched on 11 January 2003, sponsored by Michelle Punana Chung-Hoon of Honolulu, Hawaii, Chung-Hoon's niece, and commissioned on 18 September 2004. [1]
That sounds good, until you realize that at a $73.9 billion market capitalization, it means Northrop Grumman stock currently costs nearly 30 times this year's free cash flow -- which seems quite a ...
Cygnus NG-18 was the seventh Cygnus mission under the Commercial Resupply Services-2 contract. Northrop Grumman Innovation Systems confirmed on 23 February 2021 that Thales Alenia Space of Turin, Italy, will fabricate two additional Pressurized Cargo Modules (PCMs) for a pair of forthcoming Commercial Resupply Services-2 missions.