|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||302.76 - 307.93|
|52 Week Range||278.88 - 360.88|
|PE Ratio (TTM)||24.04|
|Earnings Date||Oct 23, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||4.80 (1.56%)|
|1y Target Est||360.44|
Northrop Grumman's (NOC) clinches an order valued at $75 million from U.S. Army. The company expects to complete the services by February 2027.
Northrop Grumman Corporation (NYSE:NOC) is one of the leading U.S. defense contractors. Its DNA has set it up as the premier U.S. aerospace and C5ISR (command, control, communications, computing, combat systems, intelligence, surveillance and reconnaissance) player in the business. NOC stock isn’t the biggest but it is very good at what it does. Of the top five defense contractors in the world, NOC comes in at No. 4, according to Defense News.
Shares of Northrop Grumman were down nearly 4% despite several big contracts awarded to its business units. It was day two of gains for the company after it announced on Wednesday that it plans to launch a portfolio of beverages infused with cannabidiol (CBD) at the National Association of Convenience Stores show Oct. 7 to 10 in Las Vegas. New Age Beverages said it would be meeting with some major retailers during the event and "taking orders on a first-come, first-serve basis, given anticipated demand." Zach Ross, Brand Marley Marketing Manager for the company, commented, “We believe we have developed unique consumer insights and accessed superior technology in CBD-infused beverages over the past year, and we are excited to share those insights with key retail partners.
Northrop Grumman (NOC) will conduct the conversion of U.S. government-provided AGM-88B High Speed Anti-Radiation Missiles into 29 AGM-88E AARGM all-up-rounds for the Italian governmen
L3 Technologies' (LLL) Security & Detection Systems unit provides OEM-specified spare parts and consumables. Incorporation of such spares into Triton is expected to make these UAS even more useful for the U.S. Navy
A global security company with a massive presence in the defense industry is expanding its Dayton-area facility to accommodate growth. Northrop Grumman, a Virginia firm with a large office in Beavercreek, is ready to unveil a 35,000-square-foot expansion at its local operation. The project marks another local defense office both adding staff and expanding its footprint.
DEEP DIVE Stock prices tend to be driven by increases in earnings. The federal income tax cuts that went into effect this year will no doubt boost profits and potentially share prices. But that party will surely end, after which it is reasonable to expect the aerospace and defense subsector to continue to outperform the broader market.
Harris (HRS) is the only local company to win the 10-year contract to provide services on the High Energy Laser and Integrated Optical-dazzler with Surveillance system.
The Gilbert facility operated by aerospace manufacturer Northrop Grumman was behind the Ice, Cloud and Land Elevation spacecraft that was successfully launched over the weekend by NASA from Vandenburg Air Force Base, California, to measure Earth’s glaciers and ice sheets. Virginia-based Northrop Grumman (NYSE: NOC) also provided propulsion, composite structures and a navigation system for NASA’s Delta II rocket, along with other components, for what was Delta II’s final launch mission when the spacecraft was launched on Sept. 15. The ICESat-2 spacecraft will travel high above the planet tracking data from Greenland and Antarctica to “measure the height of a changing Earth,” according to a Northrup Grumman statement.
Melbourne-based global defense firm Harris Corp. is one of nine firms competing for services on a contract valued at a half-billion dollars.
The aerospace giant will continue military satellite building after Boeing and Northrop Grumman declined to compete for the work.
Brazil is ready to launch small commercial rockets from its space base near the equator as soon as it agrees to safeguard U.S. technology that is dominant in the industry, the Brazilian Air Force officer managing the space program said on Friday. Brig. Major Luiz Fernando Aguiar said Brazil wants to get a piece of the $300 billion-a-year space launch business by drawing U.S. companies interested in launching small satellites at a lower cost from the Alcantara base on its north coast. "The microsatellite market is most attractive today and we are interested in the 50 to 500-kilo niche," Aguiar told Reuters at the base's main launch pad.
The Jefferson County-based aerospace giant to continue military satellite building after Boeing and Northrop Grumman declined to compete.
More Advanced Hawkeye aircraft work will happen in Central Florida, along with development of a missile tracking antenna and devices that can counter torpedos. Northrop Grumman Corp. (NYSE: NOC), L3 Technologies Inc. (NYSE: LLL), and Leidos Holding Inc. (NYSE: LDOS) each won a government contract on Sept. 13, totaling $55 million with work in the Orlando area. Falls Church, Va.-based Northrop Grumman got a $31 million contract from the U.S. Navy for the procurement of two engineering development model operational test program sets in support of the E-2D Advanced Hawkeye aircraft.
With a pre-dawn launch Saturday, the rocket company will have ended use of a launch vehicle that was once a mainstay.
Colorado's aerospace and defense market is becoming more attractive compared to other states, according to a new study by PricewaterhouseCoopers.
Northrop Grumman (NOC) will procure two engineering development model operational test program sets for supporting the E-2D Advanced Hawkeye aircraft.
One market analyst wonders if SAIC's $2.5 billion stock deal for Engility Holdings might signal the end of the chase for scale.
A consistent flow of funds from the Pentagon has kept defense stocks buoyant over the trailing five trading sessions.
Elon Musk's space transportation company, Space X, is sending the world's first private passenger to fly around the moon. The company will announce who the lucky passenger is on Monday, September 17. Yahoo Finance's Seana Smith, Dion Rabouin, Jennifer Rogers and Ethan Wolff-Mann discuss.