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Northrop Grumman Corp

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  • Final Glance: Aerospace companies Wednesday, 8 Apr 2015 | 6:42 PM ET

    Lockheed Martin Corp. rose$. 66 or. 3 percent, to $200.81. Northrop Grumman Corp. rose $1.30 or. 8 percent, to $164.21. Raytheon rose$. 24 or. 2 percent, to $108.98.

  • Midday Glance: Aerospace companies Wednesday, 8 Apr 2015 | 2:03 PM ET

    Lockheed Martin Corp. rose$. 52 or. 3 percent, to $200.67. Northrop Grumman Corp. rose $1.39 or. 9 percent, to $164.30. Raytheon rose$. 73 or. 7 percent, to $109.47.

  • Early Glance: Aerospace companies Wednesday, 8 Apr 2015 | 12:57 PM ET

    Lockheed Martin Corp. rose $1.19 or. 6 percent, to $201.34. Northrop Grumman Corp. rose $1.35 or. 8 percent, to $164.26. Raytheon rose$. 98 or. 9 percent, to $109.72.

  • Final Glance: Aerospace companies Tuesday, 7 Apr 2015 | 6:15 PM ET

    Lockheed Martin Corp. fell$. 38 or. 2 percent, to $200.15. Northrop Grumman Corp. rose$. 15 or. 1 percent, to $162.91. Raytheon fell$. 41 or. 4 percent, to $108.74.

  • Midday Glance: Aerospace companies Tuesday, 7 Apr 2015 | 2:30 PM ET

    Lockheed Martin Corp. fell$. 11 or. 1 percent, to $200.42. Northrop Grumman Corp. rose $1.11 or. 7 percent, to $163.87. Raytheon rose$. 08 or. 1 percent, to $109.23.

  • Early Glance: Aerospace companies Tuesday, 7 Apr 2015 | 11:04 AM ET

    Lockheed Martin Corp. rose$. 46 or. 2 percent, to $200.99. Northrop Grumman Corp. rose$. 75 or. 5 percent, to $163.51. Raytheon rose$. 60 or. 5 percent, to $109.75.

  • Final Glance: Aerospace companies Monday, 6 Apr 2015 | 6:20 PM ET

    Lockheed Martin Corp. rose $1.81 or. 9 percent, to $200.53. Northrop Grumman Corp. rose $1.13 or. 7 percent, to $162.76. Raytheon rose$. 69 or. 6 percent, to $109.15.

  • Midday Glance: Aerospace companies Monday, 6 Apr 2015 | 1:31 PM ET

    Lockheed Martin Corp. rose $1.54 or. 8 percent, to $200.26. Northrop Grumman Corp. rose $1.21 or. 7 percent, to $162.84. Raytheon rose$. 87 or. 8 percent, to $109.33.

  • Early Glance: Aerospace companies Monday, 6 Apr 2015 | 11:23 AM ET

    Lockheed Martin Corp. rose $1.09 or. 6 percent, to $199.81. Northrop Grumman Corp. fell$. 06 or percent, to $161.57. Raytheon rose$. 58 or. 5 percent, to $109.04.

  • WASHINGTON, April 2- Boeing Co on Thursday said it will ramp up lobbying efforts to extend production of its F/A-18 fighter jets beyond the end of 2017 after the U.S. Navy asked Congress to fund 12 airplanes not included in the 2016 budget proposal. Dan Gillian, who runs the F/A-18E/F and EA-18G electronic attack jet programs for Boeing, told Reuters the company had...

  • WASHINGTON, March 27- The U.S. Defense Department on Friday said it will be "demanding but fair" in negotiations with Lockheed Martin Corp for the next two batches of F-35 fighter jets, one of the Pentagon's largest-ever sole-source contracts. We intend to be a demanding but fair customer, " Shay Assad, the Pentagon's director of defense pricing, told Reuters in an...

  • WASHINGTON, March 26- The Pentagon's notoriously slow, bureaucratic and wasteful acquisition system is eroding America's military technological edge and must be reformed, Senator John McCain, the chairman of the Senate Armed Services Committee, said on Thursday. The Arizona Republican, a former presidential candidate and prisoner of war during the Vietnam...

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • Air Force officials are due to meet with Pentagon chief arms buyer Frank Kendall on Wednesday to map out an acquisition strategy for the new program, David Madden, executive director of the Air Force's Space and Missiles Systems Center told a breakfast meeting hosted by the nonprofit Mitchell Institute. Lockheed Martin Corp is under contract to build the...

  • Air Force acquisition chief William LaPlante said the Air Force would likely also adopt a "cost-plus" type contract for the development phase of the new bomber, given that it would include more new technologies than mature technologies. The Air Force expects to award a contract valued at $50 billion to $80 billion this summer for development and procurement of...

  • WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...

  • *Gold's price premium over platinum tops $50/ oz. *Platinum, gold spread at highest in nearly 2 years. LONDON, Feb 20- Platinum's discount to gold hit its highest level on Friday since the gold price crash of April 2013, as concerns over the euro zone outlook lifted demand for the yellow metal as a haven, while dampening sentiment towards platinum.

  • WASHINGTON, Feb 18- Lockheed Martin Corp executives said on Wednesday they were confident the company would not face capacity constraints working on both the F-35 program and a new bomber if the U.S. Air Force chose its joint bomber bid with Boeing Co.. Boeing is the prime contractor for the bid. The U.S. Air Force has said it plans to award a contract for development...

  • Lockheed says technology investments cut cost of F-35 jets Wednesday, 18 Feb 2015 | 12:00 PM ET

    WASHINGTON, Feb 18- Lockheed Martin Corp said a series of manufacturing changes and technology investments were already driving down the cost of the F-35 fighter jet, and the savings were set to triple in the ninth batch of jets to be produced. Under the initiative, Lockheed and its key suppliers, Northrop Grumman Corp and Britain's BAE Systems agreed to invest...

  • The policy, the details of which are classified, comes after a two-year review amid growing demand from U.S. allies for the new breed of weapons that have played a key role in U.S. military action in Afghanistan, Iraq and Yemen. Privately held General Atomics, maker of the Predator and Reaper drones, Northrop Grumman Corp, Textron Inc and other arms makers have been...