Northrop Grumman Corp


  • NEW YORK, April 3- Boeing Inc is considering buying Mercury Systems Inc, a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.

  • DOHA, March 27- Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The weapons purchases include large deals with Lockheed Martin, Raytheon and others.

  • WASHINGTON, March 11- The U.S. Air Force is "holding tight" to a target of $550 million for each new long-range bomber in a fleet of up to 100 aircraft, excluding research and development costs, an Air Force official said on Tuesday. The Air Force planned to spend nearly $12 billion on the bomber program over the next five years, said spokesman Ed Gulick.

  • WASHINGTON, March 10- After discovering China- made components in the F-35 fighter jet, a Pentagon investigation has uncovered Chinese materials in other major U.S. weaponry, including Boeing Co's B-1B bomber and certain Lockheed Martin Corp F-16 fighters, the U.S. Defense Department said.

  • National security: America's new robotic army Monday, 3 Mar 2014 | 12:14 PM ET
    An X-47B Unmanned Combat Air System (UCAS) demonstrator is towed into the hangar bay of the aircraft carrier USS George H.W. Bush.

    The U.S. military's human footprint is shrinking, but its robotic fighting force is on the rise, transforming the battlefield in air, land and sea.

  • The Pentagon's new budget: Who wins and who loses Monday, 24 Feb 2014 | 3:39 PM ET
    United States Marines hold a giant American Flag across the court at the U.S. Open.

    Holders of U.S. defense stocks expressed relief that the budget spares most big arms firms. But not everybody wins.

  • F-35 JOINT STRIKE FIGHTER The Pentagon said it remained strongly committed to the Lockheed Martin Corp F-35 fighter jet program, which includes an engine built by Pratt& Whitney, a unit of United Technologies Corp. Northrop Grumman Corp and Britain's BAE Systems Plc also provide significant components for the aircraft.

  • SYDNEY, Feb 21- Australia will buy eight of Boeing Co's P-8A Poseidon long-range spy planes for A $4 billion, part of a growing trend by Asia-Pacific nations to protect commercial maritime interests as tensions in the region rise.

  • *Australia also has an option for a further four aircraft. SYDNEY, Feb 21- Australia will buy eight of Boeing Co's P-8A Poseidon long-range spy planes to help protect its offshore oil and gas interests and maritime borders, at a cost of about A $4 billion including support facilities.

  • As West cuts, global defence industry balance shifts Wednesday, 12 Feb 2014 | 9:13 AM ET

    *Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.

  • *F-35 costly, but a "number one prioriry"- Pentagon official. *Pentagon keeping close watch on Chinese investments.

  • NEW YORK, Feb 5- The U.S. Defense Department remains skeptical of mergers involving its major contractors, a Pentagon official said on Wednesday, amid industry expectations that defense deal-making could revive this year.

  • Early movers: GOOG, TYC, YHOO & more Friday, 31 Jan 2014 | 7:49 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Treasurys trim losses after 5, 7-year debt auction Thursday, 30 Jan 2014 | 4:35 PM ET

    Treasurys held on to earlier losses after of the Treasury Dept's auction of five-year notes and seven-year debt and after the release of US GDP data.

  • One industry's 824% surge in lobbying Thursday, 30 Jan 2014 | 2:45 PM ET

    Total lobbying spending dropped to the lowest level since 2007, falling 3 percent to $3.21 billion, says a new study.

  • WASHINGTON, Jan 30- U.S. weapons maker Northrop Grumman Corp, whose products include surveillance drones, reported higher-than-expected quarterly earnings on Thursday despite a drop in revenues and said share buybacks would drive earnings per share higher in 2014..

  • US stock-index futures higher after GDP, jobless claims Thursday, 30 Jan 2014 | 8:50 AM ET

    U.S. stock index futures traded higher on Thursday, on what will be the busiest day of fourth quarter earnings season.

  • Northrop profit falls due to lower aerospace revenue Thursday, 30 Jan 2014 | 7:22 AM ET

    Jan 30- U.S. weapons maker Northrop Grumman Corp reported a 10 percent fall in quarterly profit, partly due to lower sales in its aerospace business. Net profit fell to $478 million, or $2.12 per share, in the fourth quarter, from $533 million, or $2.14 per share, a year earlier. The company said it expects revenue of $23.5 billion to $23.8 billion in 2014..

  • Traders anxious ahead of pivotal week on Wall St. Sunday, 26 Jan 2014 | 3:01 PM ET
    Traders on the floor of the New York Stock Exchange.

    Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.

  • Budget tailwind for defense could drive more gains Friday, 24 Jan 2014 | 1:02 PM ET
    Lockheed Martin's F-35C

    The bull run in defense stocks is expected to continue, despite lingering concerns about federal spending.

Most Popular Video

Wednesday, 16 Apr 2014 | 12:00 AM ET

GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.

Friday, 11 Apr 2014 | 7:23 AM ET

Former Fed Chairman Ben Bernanke challenges Raghuram Rajan, Reserve Bank of India governor on his views about monetary policies, reports CNBC's Michelle Caruso-Cabrera.

Tuesday, 15 Apr 2014 | 5:40 PM ET

Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.