BRIEFCASE NORTHROP ON TEAM VYING FOR ARMY JOB.Byline: - Staff and Wire Services CENTURY CITY - Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. will be part of a multicompany team that competes for the lead systems integration role on the U.S. Army's Future Combat Systems. That program will be the core of the Army's next-generation war-fighting force, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. team leader General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. . The other members of the team include Raytheon, United Defense Industries and ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) Industries. ``Northrop Grumman brings formidable expertise in radars, unmanned air vehicles, intelligence, surveillance and reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
PC sales plunge in fourth quarter Personal computer sales continued to fall during the fourth quarter of 2001 compared with the same quarter in 2000, giving the industry its first annual decline in shipments since 1985. IDC of Framingham, Mass., said worldwide PC shipments fell 6.7 percent in the fourth quarter compared with the year-earlier period, but was 16.9 percent higher than the third quarter. That's almost back to the historical average gain of 19.8 percent experienced by the industry in what is traditionally its strongest period of sales. Dell Computer Corp., the No. 1 seller of PCs, continued to widen its lead over rivals Compaq Computer Corp. and Hewlett-Packard Co., although H-P and Compaq would claim the top spot if their planned merger goes through this year. Carnival boosts takeover offer LONDON - Carnival Corp., the world's biggest cruise ship operator, sweetened sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. its takeover bid Noun 1. takeover bid - an offer to buy shares in order to take over the company two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares for P&O Princess Cruises PLC by 12 percent Thursday to a revised value of 3.5 billion pounds ($5 billion). P&O Princess, which already plans to merge with No. 2 Royal Caribbean Cruises Ltd., responded that it would consider Carnival's improved ``pre- conditional takeover proposal'' and make an announcement in due course. Miami-based Carnival is eager to break up Princess' planned merger with Royal Caribbean, which would create a combined $6 billion business that would eclipse Carnival as the market leader. Carnival chief executive Micky Arison said in a statement that the proposed merger with Royal Caribbean is defective and that it would give rise to ``material'' tax liabilities for Princess shareholders. Princess, based in London, rejected Carnival's initial hostile bid of $4.5 billion and has urged its shareholders to do the same when they meet Feb. 14 to consider the proposed merger with Royal Caribbean. EBay to hike share of auction take SAN JOSE - Two days after reporting record profits, eBay Inc. said Thursday that it will raise many of the fees it charges to sell items on the site. Starting Jan. 31, eBay will take a commission of 5.25 percent, instead of 5 percent, on items that sell for less than $25. The rate is rising to 2.75 percent, from 2.5 percent, on items between $25 and $1,000, and to 1.50 percent, from 1.25 percent, on sales of more than $1,000. The San Jose-based company also will begin charging 5 cents for all products listed with the ``buy it now'' feature rather than in the typical auction format. Lloyd's to update business outlook LONDON - Lloyd's of London Not to be confused with Lloyds Bank or Lloyd's Register. Lloyd's of London is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as , one of the world's most trusted names in insurance, said Thursday that it plans to abandon its hoary hoar·y adj. hoar·i·er, hoar·i·est 1. Gray or white with or as if with age. 2. Covered with grayish hair or pubescence: hoary leaves. 3. accounting practices and end unlimited liability for its individual investors, in a radical effort to modernize and keep up with more-nimble competitors. Lloyd's governing body, the Council of Lloyd's An Act of Parliament, the Lloyd's Act 1982, defines the management structure and rules under which Lloyd's operates. Under the Act, the Council of Lloyd's is responsible for the management and supervision of the market. , has approved a raft of far-reaching reforms designed to drag the 314-year-old institution into the modern age. The companies and individuals, or Names, that underwrite insurance at Lloyd's, will vote on the plan later this year. In spite of its enviable reputation, Lloyd's is hobbled by a quirky structure that evolved gradually after insurance merchants and brokers established the market in a London coffee house in 1688. |
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