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Northrop Grumman Corp

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  • Tanker War Update And Something Good About Flying Thursday, 1 May 2008 | 10:01 AM ET
    Alaska Airlines

    Things have changed since I filed the post yesterday on the Tanker War Blog created by supporters of Boeing's challenge to Northrop Grumman -EADS winning the tanker deal! The web site's poll on whether Congress should nix the current deal has changed leads. Boeing fans have charged ahead.

  • Tanker Wars Redux And American Idolzzzzzzzzzz Wednesday, 30 Apr 2008 | 1:38 PM ET

    Defense giants Boeing and Northrop Grumman keep going at it over the Air Force tanker deal. This as the clock ticks down on a Government Accounting Office investigation into whether the current decision should stand.

  • Pops & Drops: Smithfield Foods, Las Vegas Sands... Tuesday, 15 Apr 2008 | 6:29 PM ET

    Following are the day’s biggest winners and losers. Find out why shares of Smithfield Foods and Compuware popped while Manitowoc and Las Vegas Sands dropped.

  • The new tanker being put forward by Northrop Grumman and EADS is supposed to include a new system to defend itself from attack. Good thing. Seems a lot of defense has been necessary ever since Northrop and the Airbus folks beat out Boeing to win the massive contract.

  • Recession, We Hardly Knew Ya Wednesday, 2 Apr 2008 | 6:17 PM ET

    Does Wednesday’s surprisingly strong ADP jobs report signal that the economy is already rebounding?

  • Readers Respond: Northrop, Jaguar & TEFC (?) Tuesday, 1 Apr 2008 | 6:48 PM ET

    Readers weigh in on Northrop Grumman, a Jaguar "flame" and... what's a TEFC?? ... Mark M. (who has a Northrop email address), responded to my blog on Northrop Grumman's analyst call. I pointed out the timeline of funding over the next few years will reach $10 billion, saying "That's a lot of money." He disagrees...

  • Northrop Grumman

    Northrop Grumman updated analysts with a conference call on the KC-45 tanker program--the $35 billion contract Northrop and EADS beat out Boeing to win. Boeing has filed a protest, and today Northrop said it has completely stopped work on the tanker until a review of the protest is completed by the Government Accounting Office.

  • ISM Manufacturing Index: Learning from Last Month Tuesday, 1 Apr 2008 | 9:49 AM ET

    With the ISM Numbers coming out today, this will be the first major economic indicator of the second quarter.  The previous reading came in at 48.3 and consensus is for further contraction.  Today's reading, just in, came in at 48.6 and is better than expected.  Here are some stocks that moved after the last ISM reading.

  • We’re talking tankers and sock monkeys, because…we can. In the latest volley over whether or not the Air Force tanker contract should be trashed, Northrop Grumman will hold a conference call Tuesday morning with analysts (reporters can listen) “to discuss the KC-45 tanker program.”

  • Northrop to GAO: Toss Part of Boeing Protest Wednesday, 26 Mar 2008 | 5:13 PM ET

    Northrop Grumman on Wednesday said it had filed a motion asking the Government Accountability Office to dismiss parts of a Boeing protest against the Air Force's decision to award Northrop a $35 billion refueling aircraft contract.

  • Branson And Northrop May Be Backing "Wrong" Rocket Man! Wednesday, 26 Mar 2008 | 9:16 AM ET

    It seems that if you want to create a space tourism business, your name has to start with a "B": Branson (Virgin Galactic), Bezos (Blue Origin), or Bigelow (Bigelow Aerospace). I guess they start with "b" because they're all billionaires.

  • Web Exclusive: Quiz Cramer! Part 2 Friday, 14 Mar 2008 | 7:34 PM ET

    After the show, the crameras kept rolling. Get more stock calls, the story behind the famous Fed rant and more in this CNBC.com-only video.

  • Northrop CEO: Airbus Deal Will Build 4 US Plants Thursday, 13 Mar 2008 | 9:55 AM ET

    Northrop Grumman CEO Ronald Sugar says his company plans to build four factories in the United States as part of a partnership with European Aeronautic Defence and Space (EADS).

  • Stocks Have Their Best Day in Five Years Tuesday, 11 Mar 2008 | 4:55 PM ET

    Stocks shot up Tuesday after a liquidity announcement from the Federal Reserve.

  • EADS 2007 Loss Worse than Expected; Shares Fall Tuesday, 11 Mar 2008 | 1:15 PM ET

    European aerospace group EADS reported a wider than expected 2007 net loss of 446 million euros ($685 million) on Tuesday, but said it had turned the corner on industrial problems recently gripping the company.

  • Dow Jumps 2%, Led by Financials Tuesday, 11 Mar 2008 | 11:10 AM ET

    Stocks shot up Tuesday after a liquidity announcement from the Federal Reserve.

  • Tanker Bid: Boeing Vs. Bold Ideas Monday, 10 Mar 2008 | 6:59 AM ET

    Just hours before the Air Force announced the winner of a $35 billion contract to build aerial refueling aircraft on Feb. 29, an Airbus plane lumbered off the runway in Getafe, Spain, and climbed to 27,000 feet to rendezvous with a Portuguese F-16 fighter.

  • Boeing Ponders Next Move While Northrop Fights Back Friday, 7 Mar 2008 | 5:51 PM ET

    Boeing was debriefed by the Air Force today on why it lost the massive $40 billion tanker deal in a shocking defeat to Northrop Grumman-EADS. Mark McGraw, head of Boeing's tanker program, spoke with me just minutes after the meeting ended.

  • It's hard being a realtor. To get paid, you have to agonize through the entire deal--spending time and money--and, increasingly, it all falls apart at the end. Even if the transaction is completed, clients start grinding you on the commission. Hey, that's business.

  • Cramer's Defense Plays for a McCain Presidency Thursday, 6 Mar 2008 | 7:24 PM ET

    If the presumtive Republican presidential nominee takes the White House, these contractors stand to the gain the most.