Northrop Grumman

Global Rocket and Missile Market Research Report 2023: Analysis by Product, Speed, Propulsion Type, Launch Mode, Guidance Mechanism & Region - Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 5, 2024

The "Global Rocket and Missile Market by Product (Missiles, Rockets & Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Launch Mode, Guidance Mechanism & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Rocket and Missile Market by Product (Missiles, Rockets & Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Launch Mode, Guidance Mechanism & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • It aims at estimating the size and growth potential of this market across different segments based on speed, product, propulsion type, guidance mechanism, launch platform and region.
  • North America is projected to be the largest regional share of the rocket and missile market during the forecast period.
  • Based on propulsion type, the rocket and missile market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet.

Global Rocket and Missile Market Research Report 2023-2028: Opportunities in Miniaturization, Rising Adoption of Ai, New-Generation Air and Missile Defense Systems, and Hybrid Rockets and Missiles

Retrieved on: 
Thursday, January 4, 2024

Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally.

Key Points: 
  • Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally.
  • However, issues related to the integration of missiles pose a challenge for Rocket and missile market growth.
  • North America is projected to be the largest regional share of the rocket and missile market during the forecast period.
  • Based on propulsion type, the rocket and missile market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet.

Northrop Grumman Announces Webcast, Conference Call of Fourth Quarter and 2023 Financial Results

Retrieved on: 
Wednesday, December 20, 2023

FALLS CHURCH, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and 2023 financial results will be posted on its investor relations website on Jan. 25, 2024.

Key Points: 
  • FALLS CHURCH, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and 2023 financial results will be posted on its investor relations website on Jan. 25, 2024.
  • The company’s fourth quarter and 2023 conference call will be held at 9:00 a.m. Eastern time, Thursday, Jan. 25, 2024.
  • Kathy Warden, chair, chief executive officer and president, and Dave Keffer, chief financial officer, will review fourth quarter and 2023 results.
  • Replays of the call will be available on the Northrop Grumman website for a limited time.

Northrop Grumman Successfully Tests a New Solid Rocket Motor Developed in Less Than a Year

Retrieved on: 
Friday, December 8, 2023

PROMONTORY, Utah, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a year as part of its Solid Motor Annual Rocket Technology Demonstrator (SMART Demo).

Key Points: 
  • PROMONTORY, Utah, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a year as part of its Solid Motor Annual Rocket Technology Demonstrator (SMART Demo).
  • Northrop Grumman’s SMART Demo static test successfully demonstrates several solid rocket motor innovations at the company’s Promontory, Utah, test area.
  • The efforts include the design, development, build and test of a new solid rocket motor and associated tooling.
  • Northrop Grumman plans to execute SMART Demo’s annually as the company continues to invest and advance in solid rocket motor development and propulsion.

Northrop Grumman Announces New $2.5 Billion Share Repurchase Authorization

Retrieved on: 
Wednesday, December 6, 2023

FALLS CHURCH, Va., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $2.5 billion for the repurchase of the company's common stock, increasing the outstanding authorized amount to approximately $3.8 billion.

Key Points: 
  • FALLS CHURCH, Va., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $2.5 billion for the repurchase of the company's common stock, increasing the outstanding authorized amount to approximately $3.8 billion.
  • Share repurchases will take place from time to time, subject to market conditions and management's discretion, in the open market or in privately negotiated transactions.
  • Northrop Grumman is a leading global aerospace and defense technology company.
  • A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.

Defense Technology and Growth Executive Scott Rosebush Joins Fuse as President

Retrieved on: 
Tuesday, December 5, 2023

SAN DIEGO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Fuse Integration, a warfighter-focused engineering and design firm, today announced that it has hired defense technology and growth leader Scott Rosebush as president.

Key Points: 
  • SAN DIEGO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Fuse Integration, a warfighter-focused engineering and design firm, today announced that it has hired defense technology and growth leader Scott Rosebush as president.
  • An accomplished and respected executive, Rosebush brings to the role more than 20 years of aerospace and defense success in guiding military communications innovations and organizational growth success.
  • “Fuse has grown exceptionally over the last several years, and we are facing incredible growth right ahead of us,” said Sumner Lee , CEO of Fuse.
  • Rosebush joins Fuse from Cubic, where he served as vice president and general manager of secure systems.

Defense Technology and Growth Executive Scott Rosebush Joins Fuse as President

Retrieved on: 
Tuesday, December 5, 2023

WASHINGTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Fuse Integration, a warfighter-focused engineering and design firm, today announced that it has hired defense technology and growth leader Scott Rosebush as president.

Key Points: 
  • WASHINGTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Fuse Integration, a warfighter-focused engineering and design firm, today announced that it has hired defense technology and growth leader Scott Rosebush as president.
  • An accomplished and respected executive, Rosebush brings to the role more than 20 years of aerospace and defense success in guiding military communications innovations and organizational growth success.
  • “Fuse has grown exceptionally over the last several years, and we are facing incredible growth right ahead of us,” said Sumner Lee , CEO of Fuse.
  • Rosebush joins Fuse from Cubic, where he served as vice president and general manager of secure systems.

Military Transmit and Receive Module Market worth $7.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.

Key Points: 
  • The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.
  • By platform, the airborne segment is estimated to account for the largest market share of the Military transmit and receive module market in 2023.
  • The airborne segment is estimated to account for the largest share of 42% of the military transmit and receive module market in 2023.
  • The North American market is going to contribute the largest share of 36% to the military transmit and receive module industry in 2023.

Military Transmit and Receive Module Market worth $7.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.

Key Points: 
  • The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.
  • By platform, the airborne segment is estimated to account for the largest market share of the Military transmit and receive module market in 2023.
  • The airborne segment is estimated to account for the largest share of 42% of the military transmit and receive module market in 2023.
  • The North American market is going to contribute the largest share of 36% to the military transmit and receive module industry in 2023.

Defense IT Spending Market to grow by USD 23.53 billion from 2023 to 2028; Growth Driven by Development of autonomous systems - Technavio

Retrieved on: 
Tuesday, December 19, 2023

The potential growth difference for the defense IT spending market between 2024 and 2028 is USD 23.53 billion.

Key Points: 
  • The potential growth difference for the defense IT spending market between 2024 and 2028 is USD 23.53 billion.
  • The development of autonomous systems is a key factor driving market growth.
  • Autonomous systems can be defined as advanced technologically driven systems capable of carrying out many functions on their own without assistance from humans.
  • Buy the full report here
    Issues related to digital sovereignty are one of the significant challenges restricting market growth.