Company Watch - Northrop Grumman.
In a cost-saving move, Northrop Grumman Corp. says it has consolidated seven units into five. The move created new divisions for aerospace and information, each with about $10 billion in annual sales. Jan 8, 2009
Four months after Northrop Grumman Corp.'s DSP 23 anti-missile satellite failed in orbit, defense officials are still trying to determine what went wrong. "When you lose your newest satellite, you're taking years off the tail end of how long the constellation is going to be effective," says the Lexington Institute's Loren Thompson. One official told Reuters the exact cause of the failure could remain a mystery, and the theories range from software failure to solar flares or even sabotage. Jan 7, 2009
The demonstration team behind Northrop Grumman Corp.'s unmanned aerial vehicle has been honored by the Navy as test team of the quarter. "The Global Hawk Maritime Demonstration test team has laid the operational, tactical and doctrinal foundation for future unmanned maritime surveillance systems," the Navy said. Jan 6, 2009
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|Date:||Jan 12, 2009|
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