David Keffer News Today

Capital Alpha Partners found that buy back amounts at defense contractors were higher this financial quarter for all but only four others since March 2011.

Development of classified military communications satellite terminated over cost, scheduling and difficulty with payload

The U.S. Space Force canceled a multibillion-dollar program to develop a classified military communications satellite because of increased costs, difficulties developing its payload and a schedule delay, according to a regulatory filing and people familiar with the decision.

Northrop Grumman’s Space segment delivered another year of growth in 2023, posting 14% year-over-year growth. Space Systems was the largest and

Northrop Grumman Corporation beats earnings expectations. Reported EPS is $6.27, expectations were $5.75.

Operator: Good day, ladies and gentlemen, and welcome to Northrop Grummans Third Quarter Conference Call. Todays call is being recorded. My name is Josh, and I will be your operator today.

Nearly all schedule details about the B-21 Raider are classified, but the U.S. Air Force and Northrop Grumman have now provided four completed milestones.

Northrop Grumman Corporation (NYSE:NOC) Q2 2023 Earnings Call Transcript July 27, 2023 Northrop Grumman Corporation beats earnings expectations. Reported EPS is $6.06, expectations were $5.33. Todd Ernst: Thanks, Josh. And good morning and welcome to Northrop Grumman second quarter 2023 conference call. We will refer to a PowerPoint presentation that is posted to the IR […]

While some defense firms expressed optimism about supply chains, problems remain. Several companies are looking for ways to manage them more efficiently.

The potential loss would reflect inflationary pressures and the impact of supply chain disruptions on the first five lots of low-rate production.