The commander of the ill-fated flight of space shuttle Challenger is being remembered 40 years after his first spaceflight with a commercial spacecraft bearing his name. NASA astronaut Francis R. “Dick” Scobee, who flew twice on Challenger — first as its pilot in 1984 and then as commander two years later — is the namesake […]
Tag: Grumman
How Northrop Grumman, Lockheed Martin, and Boeing All Lost a $30 Billion Air Force Contract
The United States Air Force needs a few good drones. It just doesn’t need Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), or Northrop Grumman (NYSE: NOC) to build them. That’s the surprising upshot of a new contract announcement out of the Pentagon last month, in which the government chose none of its three leading publicly […]
Northrop Grumman expanding with $178M Naval contract
Mar. 30—ROCKET CENTER, W.Va. — Northrop Grumman Corp. officials announced this week that an expansion will take place at the company’s Rocket Center facility as a result of a $178 million contract with U.S. Naval Sea Systems Command. The expansion is designed to meet global security demands and will include adding structures to the Naval […]
DARPA picks Northrop Grumman to develop ‘lunar raiload’ concept
Railroads could open the moon to serious and sustained economic development, as they did in the American West in the late 19th century. That’s apparently the hope of the U.S. Defense Advanced Research Projects Agency (DARPA), which is supporting the development of a “lunar railroad” concept proposed by aerospace giant Northrop Grumman. “The envisioned lunar […]
SpaceX Falcon 9 rocket modified for Northrop Grumman Cygnus cargo launch on Jan. 30
SpaceX is preparing to launch a Northrop Grumman Cygnus spacecraft on its flagship Falcon 9 rocket for the first time next week. The launch of the NG-20 resupply mission is targeted for no earlier than Tuesday, Jan. 30 at 12:07 p.m. EST (1707 GMT). As its name implies, this is the twentieth cargo flight that […]
Why Northrop Grumman Stock Is Getting Bludgeoned Today
Defense contractor Northrop Grumman‘s (NYSE: NOC) most important program is coming in way over budget, and investors are throwing up the white flag. Shares of Northrop Grumman traded down 7% as of 11 a.m. ET Thursday after the company reported a fourth-quarter loss and provided a gloomy outlook for its brand new bomber. An earnings […]