Thousands of Northrop Grumman workers are celebrating their tanker win today in Los Angeles -- even though the deal is on hold as the U.S. Government Accountability Office examines a Boeing challenge. We're at the party and I hope to post video later. As I've blogged many times, Boeing isn't rolling over on this one.    Read More

The Government Accounting Office has one month to go in deciding whether the Air Force tanker decision should be allowed to take flight or remain grounded. As the clock ticks down, the rhetoric ticks up, just as it did before the original decision, which ended in a surprise win for Northrop Grumman/EADS.    Read More

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.    Read More

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.    Read More

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.   Read More

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.    Read More

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

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.   Read More

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.   Read More

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.”    Read More