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Northrop Grumman Corp

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  • 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.

  • NEW YORK, Jan 24- Corporate America is rapidly healing one of the last wounds suffered in the 2008 financial crisis.

  • US in Honeywell probe over export, import controls Sunday, 12 Jan 2014 | 8:50 AM ET
    Lockheed Martin's F-35.

    The U.S. is investigating export and import procedures at Honeywell after the firm included Chinese parts in equipment it built for the F-35 jet.

  • WASHINGTON, Jan 12- The U.S. Justice Department is investigating export and import procedures at Honeywell International Inc after the firm included Chinese parts in equipment it built for the F-35 fighter jet, three sources familiar with the matter said.

  • Thousands of machinists in Seattle and Everett, Washington, and Portland, Oregon, voted by a slim margin to approve a contract extension that guarantees Boeing's new wide-body passenger jet, the 777 X, will be built by them in the region.

  • US put China-made parts in F-35 fighter program Friday, 3 Jan 2014 | 4:49 PM ET
    Lockheed Martin's F-35.

    The Pentagon waived laws banning Chinese-built components on US weapons to keep the F-35 fighter program on track in 2012 and 2013, a report said.

  • WASHINGTON, Jan 3- The Pentagon repeatedly waived laws banning Chinese-built components on U.S. weapons in order to keep the $392 billion Lockheed Martin Corp F-35 fighter program on track in 2012 and 2013, even as U.S. officials were voicing concern about China's espionage and military buildup.

  • The Federal Aviation Administration already had approved limited use of drones in the United States for law enforcement, surveillance, atmospheric research and other applications. They also are a growing business for companies such as Boeing Co, Northrop Grumman Corp, Lockheed Martin Corp and AeroVironment Inc..

  • ALEXANDRIA, Virginia, Dec 23- The U.S. Air Force had great expectations for the Expeditionary Combat Support System when it launched the project in 2005. This accountants' silver bullet, the Air Force predicted a year later, "will fundamentally revolutionize the way the Air Force provides logistics support."

  • 4 ways to make money off Washington next year Wednesday, 11 Dec 2013 | 7:00 AM ET

    Next year is an election year. There is little chance of a big tax increase, or a government shutdown or debt crisis.

  • Northrop spokesman Randy Belote declined comment on the report, referring queries to the Air Force. Officials at the Air Force and Pentagon also declined comment. News about the RQ-180 comes after the Air Force last year sought to halt funding for Northrop's high-altitude, non-stealthy Global Hawk plane despite resistance from Congress.

  • Northrop spokesman Randy Belote declined comment on the report, referring queries to the Air Force. Air Force spokeswoman Major Natasha Waggoner also declined comment. News about the RQ-180 comes after the Air Force last year sought to halt funding for Northrop's high-altitude, non-stealthy Global Hawk plane despite resistance from Congress.

  • WASHINGTON, Dec 4- Northrop Grumman Corp Chief Executive Officer Wes Bush on Wednesday said he was not optimistic about the ability of U.S. lawmakers to reach a near-term agreement to alleviate across-the-board budget cuts despite growing evidence about their negative impact on U.S. industry and the economy.

  • WASHINGTON, Dec 2- Mandatory U.S. budget cuts known as sequestration are resulting in job losses across the country and threaten to undermine U.S. competitiveness in the global economy, industry executives and academics said on Monday, urging Congress to reverse the cuts.

  • Get ready for 10 percent drop in 2014: Goldman Monday, 2 Dec 2013 | 11:42 AM ET
    Traders work at the Goldman Sachs Group Inc. booth on the floor of the New York Stock Exchange (NYSE) in New York.

    Goldman Sachs' chief U.S. strategist told CNBC that earnings will grow in 2014, but warned of a looming 10 percent correction.

  • Goodbye, old guard: Defense mergers may be coming Thursday, 28 Nov 2013 | 1:01 PM ET
    A General Dynamics (Lockheed Martin) F-16 Fighting Falcon undergoes testing in the United States prior to delivery to the Pakistan Air Force.

    The Pentagon faces the retirement of its de facto chief operating officer, and his exit could have a big impact on the defense industry.

  • Eight of the most active business PACs wrote checks totaling $84,750 to 56 Republicans in the Senate and the House of Representatives after they voted against an Oct. 16 deal to re-open the government that had been shut down since Oct. 1 and avert an imminent debt default, according to a Reuters analysis.

  • LONDON/ DUBAI, Nov 18- For U.S. arms firms flocking to the Dubai Airshow this week, the Middle East has never been more important- the second fastest growing market after Asia as western defence spending shrinks. Lockheed Martin, Boeing, Northrop Grumman and other big companies are expanding in the Gulf, with executives openly pinning their hopes on the region.

  • Nov 4- Telecom components maker Anaren Inc said it would be bought by a fund run by private equity investor Veritas Capital for about $381 million in cash. Anaren, which makes microwave components for wireless, space and defense electronics providers, counts Raytheon Co, Lockheed Martin Corp and Northrop Grumman Corp as its largest customers.

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