3 hrs ago
The Motley Fool
Should Investors Be Happy About An Additional $4 Billion Share Buyback?
Nick is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.
Tue May 21, 2013
Northrop Grumman Corporation (NOC), The Boeing Company (BA):...
"G'day, mate! You wouldn't happen to have a few sub-hunting airplanes we could throw on the barbie, now, would you?" I doubt that's exactly how Australia phrased its recent request to the U.S. government, when it asked for a price quote on some new drones for the Royal Australian Air Force.
X-47B unmanned vehicle launches successfully from aircraft carrier
The successful catapult marks a new era for U.S. Navy operations. The aircraft landed at Naval Air Station Patuxent River 65 minutes later.
Mon May 20, 2013
Northrop Grumman Cor Price Target Increased to $88.00 by Analysts at Sanford C. Bernstein
The firm currently has a "market perform" rating on the stock. Several other analysts have also recently commented on the stock.
Northrop Grumman Cor Price Target Raised to $70.00 at JP Morgan Cazenove
The firm currently has a "neutral" rating on the stock. Shares of Northrop Grumman Cor traded down 0.71% during mid-day trading on Monday, hitting $81.61. Northrop Grumman Cor has a one year low of $56.59 and a one year high of $83.28. The stock's 50-day moving average is currently $74.00. The company has a market cap of $19.192 billion and a P/E ... (more)
Brevard County's pain from the shutdown of the NASA space shuttle program is getting a significant dose of relief from Northrop Grumman.
Sun May 19, 2013
Keyboard wars: US turns to rookies as cyber threats worsen
On guard: The threat of cyber attacks has become a greater concern than terrorism, says top US intelligence official James Clapper.
Sat May 18, 2013
San Diego Source
Companies can greatly benefit from share repurchases
Cash rich companies are faced with a number of challenges in deciding what to do with the money in the bank.
Fri May 17, 2013
Worcester Telegram & Gazette
US stocks advance as gauges rise
U.S. stocks advanced Friday, putting the Standard & Poor's 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.
Northrop Grumman Announces Additional $4 Billion Share Repurchase...
Northrop Grumman Corporation announced today that its board of directors has authorized an additional $4 billion for the repurchase of the company's common stock.
The Mississippi Press
Australian government looking into purchase of Northrop Grumman-built MQ-4C drones
Northrop Grumman employees mate the fuselage with the wings of a Triton unmanned aircraft at the company's production facility in Palmdale, Calif.
Thu May 16, 2013
U.S. lawmakers blast Air Force moves on cancelled Northrop drone
Two U.S. lawmakers urged Defense Secretary Chuck Hagel to ensure that the Air Force complied with a law requiring the service to buy three high-altitude Global Hawk unmanned planes built by Northrop Grumman Corp that it had tried to cancel.
UPDATE 1-Northrop aims to buy back 25 pct of shares by end of 2015
U.S. arms maker Northrop Grumman Corp said on Thursday it plans to buy back 25 percent of its outstanding shares by the end of 2015, after its board of directors approved $4 billion in further share repurchases.
Northrop Grumman brings new radar capabilities to F-16 aircraft
Northrop Grumman's scalable agile beam radar designed for the F-16 fighter aircraft now demonstrates fifth generation fighter radar capabilities, the Falls Church-based company announced Wednesday.
Navy Preps Drone for First Carrier Landing
The U.S. Navy plans to fly the drone that was the first unmanned jet to take off from an aircraft carrier on a series of tests that will culminate in its first-ever landing aboard a ship this summer, an official said.
Wed May 15, 2013
Rupert Murdoch buys Bel Air wine estate
Media tycoon Rupert Murdoch has purchased Moraga Estate vineyard in Bel Air, Los Angeles, for a reported US$29.5m. 'Beautiful small vineyard'... Moraga The chairman of News Corp has bought the 6ha estate from industrialist Thomas Jones, ex-CEO of Northrop Grumman , a defense company which makes unmanned surveillance planes - or drones - for the ... (more)
Northrop Grumman Raises Dividend By 11%
Northrop Grumman raised its dividend by 11% on Wednesday to 61 cents a share on the heels of last month's better-than-expected earnings.
Tue May 14, 2013
Navy to Launch Drone From Carrier
The U.S. Navy for the first time will launch a drone from an aircraft carrier in what officials said would be a historic milestone in naval aviation.
Top 4 NYSE Stocks In The Aerospace/Defense-Major Diversified Industry ...
Below are the top aerospace/defense-major diversified stocks on the NYSE in terms of earnings estimate for the next quarter.
Mon May 13, 2013
Northrop Grumman gives Quickstep's F-35 parts the thumbs up
Northrop Grumman, which makes the composite center fuselage for the F-35, says Australian supplier Quickstep Technologies has demonstrated that it is qualified to manufacture composite parts for the structure.