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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 ...
Defense contractor Northrop Grumman told its employees that about 1,000 ... Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
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 ...
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.
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.
On 27 October 2015, the Defense Department awarded the development contract to Northrop Grumman. [71] The initial value of the contract is $21.4 billion, but the deal could eventually be worth up to $80 billion. [72] [73] [74] The deciding factor in the selection of the Northrop design was cost. [75]
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 ...
The three-year program was undertaken by Northrop Grumman at a contract cost of $410 million, and focused on the basic design of the radar system. Phase II is a six-year, $888 million contract awarded by the Air Force's Electronic Systems Center in May, 2004, under which the radar system is being developed, tested and integrated.