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Northrop Grumman earns a respectable 8.7% operating profit margin on its "space" business, while L3Harris's Aerojet unit generates even better profit margins of 11.6%.
Raytheon, often in conjunction with Boeing, Lockheed Martin or Northrop Grumman, is also heavily involved in the satellite sensor business. Much of its Space and Airborne Systems division in El Segundo , CA is devoted to this, a business it inherited from Hughes .
The Pentagon on Friday said it selected Northrop Grumman, Lockheed Martin and Raytheon to research and develop a missile system that would be able to defend the United States against a hypersonic ...
The Lockheed Martin Corporation is an American defense and ... Lockheed Martin abandoned plans for an $8.3 billion merger with Northrop Grumman on ... David Burritt ...
The Leidos-Lockheed Martin merger is one of the biggest transactions thus far in the consolidation of the defense sector. Leidos contracts extensively with the Department of Defense, the Department of Homeland Security, and the Intelligence Community, as well as other U.S. government agencies and select commercial markets.
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 ...
In September 2020, Northrop Grumman won a $298 million sole-source contract for the Evolved Strategic Satcom program, an anti-jam communications satellite program intended to replace the Advanced Extremely High Frequency (AEHF) satellite program where Northrop Grumman was a subcontractor to Lockheed Martin.
Also known as Ground Based Strategic Deterrent (GBSD), the Sentinel was initially scheduled to start operating in 2029 with a $13.3 billion contract given to Northrop Grumman, one of the world's ...