|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||292.04 - 294.62|
|52 Week Range||216.34 - 299.33|
|PE Ratio (TTM)||22.50|
|Forward Dividend & Yield||4.00 (1.37%)|
|1y Target Est||N/A|
Lockheed Martin, Northrop Grumman, and Raytheon are among top defense companies reporting earnings this week as increasing global tensions have helped lift their stocks.
Northrop Grumman Corp. (NOC) has lost the latest round of a long-running battle over a $1.15 billion cybersecurity contract awarded to Raytheon Co. (RTN). In a ruling dated Oct. 4 and posted online Thursday , the Government Accountability Office denied Falls Church-based Northrop’s bid protest claiming that Raytheon had an unfair competitive advantage because it hired former employees of the Department of Homeland Security, the agency behind the massive DOMino contract. Northrop also maintained that DHS failed to revise the request for proposals to reflect its changed requirements, that it unreasonably evaluated the past performance of the competitors, and that it conducted unequal discussions with the awardee.
It's no mystery why SpaceX is busy on Florida's Space Coast, but its latest scheduled launch is certainly shrouded in mystery. The Hawthorne, Calif.-based rocket company announced Oct. 17 that it is targeting a launch date no later than November for a secret mission code named Zuma for defense contractor Northrop Grumman. SpaceX will use its Falcon 9 rocket to send the mysterious payload from Kennedy Space Center Launch Complex 39A.
Northrop's (NOC) MQ-8C helicopter can take-off and land on any aviation-capable ship from both prepared and unprepared landing zones.
As the principal subcontractor to Boeing, Northrop (NOC)) designs and produces the EA-18G entire center fuselages and center barrel replacement assemblies
Boeing Co (NYSE:BA) may be very familiar to investors, but it is under appreciated. What many investors don’t fully appreciate about the company is that the Boeing stock dividend is surprisingly generous, particularly in light of the nature of the business. Companies that are cyclical, industrial and/or capital intensive generally don’t concern themselves on anything but growth, with any dividend payout serving more as a token of appreciation than the primary purpose of ownership.
Defense and aerospace giant Northrop Grumman Corp. has landed another major military contract, adding to its growing list of work. Falls Church, Va.-based Northrop Grumman Corp. (NOC) won a $13.4 million contract from the U.S. Army on Oct. 12, according to the U.S. Department of Defense. Work will be performed in Northrop Grumman's offices in Melbourne, where the company has more than 3,500 workers, as well as in Madison, Ala. The contract has a Feb. 13, 2019, completion date.
Northrop Grumman's (NOC) unit, Systems Corp., has clinched a modification contract worth $13.4 million for the Spider Increment IA.
Defense stocks rallied in the past five trading sessions, following Defense Secretary Mattis' multiple comments hinting at escalated U.S. military actions.
Northrop Grumman (NOC) announced last month that it would buy Orbital ATK (OA) for $9.2 billion, and that move has "sparked considerable interest" in the potential for M&A in the defense sector, according to Vertical Research Partners' Rob Stallard. He writes that unlike in the aerospace sector, where there are economic rationals behind consolidation, he thinks that deals within defense will be sparked by a combination of factors, including the buyer's capacity to make an acquisition and a reason to use the money to do M&A rather than just return cash to shareholders. Stallard writes that by and large, defense companies don't have to do deals, so there needs to be a compelling reason for M&A. And moreover, there has to be approval from the Department of Defense (at least in the U.S.).
Rating Action: Moody's assigns Baa2 rating to Northrop Grumman's new unsecured notes that will finance acquisition of Orbital ATK. Global Credit Research- 10 Oct 2017. New York, October 10, 2017-- Moody's ...
The defense industry has experienced quite the boom since President Donald Trump took office. As stocks and funds continue to gain within the space, let's take a look at three top picks for your portfolio.
The two had planned an educational venture together, but Marvel fans took to social media to express their dismay over the tie-in.
Fans of Marvel Entertainment’s superheroes attacked the company via social media about its planned partnership with the defense contractor.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Over 20 nations have curbed North Korean diplomatic activities, ...
Northrop Grumman's (NOC) unit, Aerospace Systems, has clinched a contract worth $130.5 million, for the Japan Global Hawk program.
SpaceX president and COO Gwynne Shotwell led calls for deregulation as space industry executives met with White House officials Thursday.
New boutique investment firm Melius Research launched coverage of the aerospace and defense sectors, led by analyst Carter Copeland, who prefers the former to the latter. Copeland initiated coverage of ...