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Image source: The Motley Fool. Northrop Grumman (NYSE: NOC) Q3 2024 Earnings Call Oct 24, 2024, 9:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Northrop Grumman's (NOC) business unit wins a modification contract worth $248.2 million to procure two additional low-rate initial-production Lot 5 of the MQ-4C Triton UAS.
Northrop received a $935-million fixed price contract to build the module in 2021 and took a $42-million charge in last year's fourth quarter because of higher expenses, raising its 2023 program ...
The contract to develop HACM further was awarded to Raytheon in September 2022. [10] HACM will use a Northrop Grumman scramjet. [ 11 ] [ 12 ] It is designed to be smaller than the AGM-183 ARRW and able to fly along “vastly different trajectories” than the boost-glide ARRW.
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.
Northrop noted that it brought in $11.7 billion in new orders during the quarter, significantly outpacing quarterly revenue, and resulting in a book-to-bill ratio of 1.2. This implies that sales ...
TASC, Inc., formerly known as The Analytic Sciences Corporation, is an American private defense contractor based outside Washington, D.C., in Chantilly, Virginia. Northrop Grumman owned TASC from 2001 to 2009, when it sold the unit to comply with new government conflict of interest rules.
Assuming Northrop also got $55 million for its Manta Ray, that would amount to barely 0.1% of the $40 billion in contracts that Northrop rakes in in any given year, according to data from S&P ...