Northrop undeterred.NORTHROP Grumman Corp. missed out on more than $16 billion worth of government contracts in two weeks, but the Los Angeles-based defense contractor still sees opportunity in nontraditional contracting. Boeing Co. announced last week that it had been awarded a coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Secure Border Initiative The Secure Border Initiative (SBI) was a program created by Secretary Chertoff of DHS to organize the four operating components of border security: Customs and Border Protection (CBP), Immigration and Customs Enforcement (ICE), U.S. contract, worth about $8 billion. Under the contract, technology will be placed along more than 6,000 miles of border with Canada and Mexico. It was the second-largest contract ever awarded by the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States in its three-year history. That news came on the heels of another failed Northrop bid to be the prime contractor for NASA's ambitious new crew exploration vehicle
The Crew Exploration Vehicle (or CEV) was the conceptual component of the Vision for Space Exploration that later became known as the Orion spacecraft. , an $8 billion contract that was awarded to Lockheed Martin. "Of course we're disappointed that we didn't win the award for the CEV CEV Crew Exploration Vehicle (NASA) CEV Contemporary English Version (Bible) CEV Confédération Européenne de Volleyball CEV Confederation Européenne de Volleyball . But space is one of our strongest sectors, and there will be multiple opportunities for us down the road," said Brooks McKinney, a spokesman for Northrop's Systems Integration division. Northrop has been riding its defense-focused business since the wars in Afghanistan The term Wars in Afghanistan may refer to:
But the company began a shift earlier this year to civil projects, or "non-traditional" defense contracting. This shift was highlighted by a 10-year, $2 billion contract the company was awarded earlier this year for managing the IT services for more than 90 state organizations in Virginia. About 20 percent of Northrop's $30 billion in revenues come from the company's information technology sector, which formed in January. "We're predicting high-single digit, low-double digit growth in this sector for this year," said Sid Fuchs, president of Northrop's Civilian Agencies Group. |
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