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Northrop Grumman Corp

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  • SINGAPORE, Dec 4- Gold edged lower on Thursday as the metal's appeal as a hedge declined with the dollar trading at a 5-1/ 2- year high against basket of major currencies. *Gold has been moving in tandem with oil prices recently as the metal is seen as a hedge against oil-led inflation. *South African precious metals mining firms Sibanye Gold and Northam Platinum are...

  • International Business Machines Corp, Raytheon BBN Technologies and Northrop Grumman Corp won the contracts, the Intelligence Advanced Research Projects Activity said Wednesday, without disclosing financial details. According to ComputerWorld magazine, competition from Europe, Japan and China, which has the world's fastest computer, is spurring U.S....

  • WASHINGTON, Nov 21- The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch. The Pentagon's F-35 program office said the deal includes 29 jets for the United States and 14...

  • Could the next wildfire be fought by a drone? Thursday, 20 Nov 2014 | 9:51 AM ET
    The unmanned K-MAX aircraft from Lockheed Martin.

    Lockheed Martin has been demonstrating the capabilities of its unmanned helicopter, the K-MAX, as a firefighting tool.

  • Morgan Lewis announced on Friday that its partners voted to accept 227 partners from Bingham, which has about 300 overall. The announcement came days after Bingham partners voted to approve the deal. A Morgan Lewis spokeswoman declined to comment on the terms of the deal, and a Bingham spokeswoman did not immediately return a call for comment.

  • Lighting Round: This one is a strong buy Monday, 10 Nov 2014 | 7:09 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • NEW YORK, Nov 7- A UK insurer that recently began offering life coverage for would-be space tourists said it has seen no increase in interest in the policy following the fatal crash of a Virgin Galactic test space ship last month. The policy, sold by Pembroke Managing Agency, pays up to $5 million per traveler or $20 million per suborbital space flight, parent...

  • Mark Sirangelo, who leads the space division of privately held Sierra Nevada Corp, told industry executives Thursday that he expected the industry to learn from the accidents and urged a measured response by lawmakers. The U.S. Air Force is also working to certify privately held Space Exploration Technologies, or SpaceX, to launch big military and spy...

  • Cramer: Republican victory adds up in the market Wednesday, 5 Nov 2014 | 6:34 PM ET
    U.S. Senate Minority Leader Mitch McConnell (R-KY) addresses supporters at his midterm election night victory rally in Louisville, Kentucky, November 4, 2014.

    Jim Cramer reviews the results of Tuesday's elections and what this means to the stock market. Could this be more money in consumer pockets?

  • MOJAVE, Calif., Nov 2- An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on Sunday, adding pilot error could not be ruled out. The National Transportation Safety Board is leading the investigation into what caused the...

  • MOJAVE, Calif., Nov 2- The investigation into last week's deadly crash of the Virgin Galactic spaceship has found that the "feathering" function to help it descend into the atmosphere from space was deployed early, the National Transportation Safety Board said on Sunday. SpaceShipTwo's rotating tail boom, a key safety feature for re-entering the atmosphere,...

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • MOJAVE, Calif., Nov 2- Virgin Galactic could have a new spacecraft ready to fly by next year, the chief executive of Richard Branson's space tourism company said in an interview published on Sunday, reacting to concerns about the safety of technology used in the Virgin craft that crashed last week. His remarks followed a somber assessment of the future of Virgin...

  • Virgin Galactic ignored warnings on rocket: report Sunday, 2 Nov 2014 | 5:24 AM ET
    Agents from the NTSB and the FBI survey the debris from SpaceShipTwo in a desert field near the crash site on November 1, 2014, in Mojave, California.

    Virgin Galactic allegedly ignored warnings its passenger spaceship, which crashed Friday, wasn't safe, U.K. newspaper The Telegraph reported.

  • Branson: I'll get to the bottom of Galactic crash Sunday, 2 Nov 2014 | 12:56 AM ET
    Fly from New York to Beijing in two hours on this?

    Richard Branson said he was determined to find out what caused a spaceship being developed by his tourism company to crash during a test flight.

  • Michael Alsbury, 39, has been identified as the pilot who died in the crash of Virgin Galactic SpaceShipTwo, and the surviving pilot is Peter Siebold, 43, the Kern County Sheriff's Office said in a statement. Branson arrived in California's Mojave Desert to meet his Virgin Galactic team and federal officials who were opening their investigation into Friday's...

  • MOJAVE, Calif./ CAPE CANAVERAL, Fla., Nov 1- B illionaire entrepreneur Richard Branson said on Saturday he was determined to find out what caused a passenger spaceship being developed by his space tourism company to crash during a test flight in California's Mojave Desert, killing one pilot and injuring the other. Branson arrived in California to meet his Virgin...

  • MOJAVE, Calif., Nov 1- Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other. Friday's crash of the suborbital vehicle, undergoing its first powered test flight since January over the...

  • MOJAVE, Calif., Nov 1- Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other. Friday's crash of the suborbital vehicle, undergoing its first powered test flight since January over the...