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Satellites could live longer lives thanks to new technology being tested by Northrop Grumman. On Monday (April 12), Northrop Grumman Corporation and SpaceLogistics LLC (a subsidiary of Northrop Grumman) announced that their satellite servicing spacecraft, called Mission Extension Vehicle 2 (MEV-2), successfully docked to the commercial communications satellite Intelsat 10-02 (IS-10-02).
Shares of Northrop Grumman Corp. inched 0.22% higher to $340.69 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.02% to 4,127.99 and Dow Jones Industrial Average falling 0.16% to 33,745.40. This was the stock's sixth consecutive day of gains.
The U.S. Navy recently awarded Northrop Grumman a $115 million production contract for U.S. Department of the Navy's Large Aircraft Infrared Countermeasures systems. Northrop Grumman was also awarded additional contracts recently including integration, sustainment and support of the DoN LAIRCM systems. Northrop Grumman will integrate the latest version of the DoN LAIRCM system onto U.S.
A look at the shareholders of Northrop Grumman Corporation ( NYSE:NOC) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned.
Northrop Grumman Corp. has been awarded a contract by the Missile Defense Agency for the Next Generation Inceptor (NGI) Program and some of the project work will be done in Chandler. The contract calls for the rapid development and flight test of an interceptor designed to defend the nation against the most complex long-ranged threats.
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Investment company Town & Country Bank & Trust CO dba First Bankers T ( Current Portfolio) buys Churchill Downs Inc, ConocoPhillips, Northrop Grumman Corp, sells Brown-Forman Corp, PepsiCo Inc, Cable One Inc, Xylem Inc, Berkshire Hathaway Inc during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Town & Country Bank & Trust CO dba First Bankers T.
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Intelsat's IS-10-02 communications satellite was running low on fuel - it's been in orbit since 2004, after all, and has already exceeded its original mission lifespan by five years. Thanks to Northrop Grumman's Mission Extension Vehicle-2 ( MEV-2), however, it gained another five years of life and will stay operational instead of being decommissioned.
Northrop Grumman Corp (NYSE: NOC) shares gained 0.22% to end trading Monday at $340.69 per share - a net change of $0.74. Shares traded between $342.90 and $337.71 throughout the day. 728303 shares of Northrop Grumman Corp exchanged hands. Visit Northrop Grumman Corp's profile for more information.
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