Search results
Results From The WOW.Com Content Network
Operating profit margins for Northrop's space business reached 12%, making it now Northrop's second most profitable business (after mission systems, which earned 13.8%).
The company also operates a Lockheed L-1011 TriStar wide body jetliner, which is named Stargazer and is used to air launch Pegasus rockets carrying payloads into space. [10] The Stargazer aircraft is also used for testing under specific programs. The Flight Systems Group became part of Northrop Grumman Space Systems on January 1, 2020.
On June 7, 2018, the acquisition of Orbital ATK was completed, and the former company was absorbed in Northrop Grumman as a new business sector called Northrop Grumman Innovation Systems. [91] [92] With this acquisition, Northrop Grumman got more involved in the space industry, including the construction and launch of the Cygnus spacecraft.
The decline in Space Systems sales was driven by a $231 million decrease due t. Northrop Grumman Corp (NYSE:NOC) reported fourth-quarter sales that were flat year over year at $10.686 billion ...
Orbital Sciences Corporation (commonly referred to as Orbital) was an American company specializing in the design, manufacture, and launch of small- and medium- class space and launch vehicle systems for commercial, military and other government customers.
Truist Securities analyst Michael Ciarmoli reiterated a Buy rating on the shares of Northrop Grumman Corp (NYSE:NOC) with a price forecast of $545. The company reported fourth-quarter sales that ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Northrop Grumman CorporationGlobal Credit Research - 22 Apr 2021New York, April 22, 2021 -- Moody's ...
ATK was launched as an independent company in 1990 after Honeywell spun off its defense businesses to shareholders. The former Honeywell businesses had supplied defense products and systems to the U.S. and its allies for 50 years, including the first electronic autopilot for the B-17 aircraft's bombing missions during World War II.