Grumman

International partners and Government agencies join Arqit's Federated Quantum System

Friday, June 11, 2021 - 1:38pm

LONDON, June 11, 2021 /PRNewswire/ --Arqit Limited ("Arqit"), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System (FQS).

Key Points: 
  • LONDON, June 11, 2021 /PRNewswire/ --Arqit Limited ("Arqit"), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System (FQS).
  • Collaboration partners includeBT, Sumitomo Corporation, Northrop Grumman, Leonardo, QinetiQ Space N.V., qtlabs and Honeywell.
  • It will be provided to the UK's "Five Eyes" allied governments and other international partners, allowing sovereign protection of strategic national assets andinteroperability for joint operations.
  • By adding a space layer with its Federated Quantum System, Arqit is taking that service to an even higher level.

International partners and Government agencies join Arqit's Federated Quantum System

Friday, June 11, 2021 - 1:36pm

LONDON, June 11, 2021 /PRNewswire/ --Arqit Limited ("Arqit"), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System (FQS).

Key Points: 
  • LONDON, June 11, 2021 /PRNewswire/ --Arqit Limited ("Arqit"), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System (FQS).
  • Collaboration partners includeBT, Sumitomo Corporation, Northrop Grumman, Leonardo, QinetiQ Space N.V., qtlabs and Honeywell.
  • It will be provided to the UK's "Five Eyes" allied governments and other international partners, allowing sovereign protection of strategic national assets andinteroperability for joint operations.
  • By adding a space layer with its Federated Quantum System, Arqit is taking that service to an even higher level.

Arqit and Northrop Grumman in the UK sign quantum encryption collaboration agreement

Tuesday, June 1, 2021 - 2:37pm

LONDON, June 1, 2021 /PRNewswire/ -- Arqit, the quantum encryption company, has signed a collaboration agreement with NorthropGrumman in the UK.

Key Points: 
  • LONDON, June 1, 2021 /PRNewswire/ -- Arqit, the quantum encryption company, has signed a collaboration agreement with NorthropGrumman in the UK.
  • Through the collaboration, Arqit, which is developing end-to-end quantumencryption using satellite distribution, will work with Northrop Grumman to develop and understandthis novel technology forpotentialuse indefenceandnational security settings.
  • Arqit Founder, David Williams, said: "Northrop Grumman is an important and respected supplier inaerospace, satellite technology and mission critical cyber solutions on both sides of the Atlantic.
  • Nick Chaffey, Chief Executive of Northrop Grumman UK, Europe and Middle East said:"Working with advanced and highly innovative British technology companies like Arqit is central to ourUK partnership strategy.

Arqit and Northrop Grumman in the UK sign quantum encryption collaboration agreement

Tuesday, June 1, 2021 - 2:35pm

LONDON, June 1, 2021 /PRNewswire/ -- Arqit, the quantum encryption company, has signed a collaboration agreement with NorthropGrumman in the UK.

Key Points: 
  • LONDON, June 1, 2021 /PRNewswire/ -- Arqit, the quantum encryption company, has signed a collaboration agreement with NorthropGrumman in the UK.
  • Through the collaboration, Arqit, which is developing end-to-end quantumencryption using satellite distribution, will work with Northrop Grumman to develop and understandthis novel technology forpotentialuse indefenceandnational security settings.
  • Arqit Founder, David Williams, said: "Northrop Grumman is an important and respected supplier inaerospace, satellite technology and mission critical cyber solutions on both sides of the Atlantic.
  • Nick Chaffey, Chief Executive of Northrop Grumman UK, Europe and Middle East said:"Working with advanced and highly innovative British technology companies like Arqit is central to ourUK partnership strategy.

Northrop Grumman to Participate in Bernstein 37th Annual Strategic Decisions Conference

Wednesday, May 26, 2021 - 3:00pm

FALLS CHURCH, Va., May 26, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Bernstein 37th Annual Strategic Decisions Conference on Wednesday, June 2.

Key Points: 
  • FALLS CHURCH, Va., May 26, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Bernstein 37th Annual Strategic Decisions Conference on Wednesday, June 2.
  • Kathy Warden, chairman, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 9:00 a.m. Eastern time.
  • Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide.
  • Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.

Paragon Announced as Northrop Grumman Gateway HALO Partner

Friday, May 21, 2021 - 1:41pm

b'TUCSON, Ariz., May 21, 2021 /PRNewswire/ --Paragon Space Development Corporation (Paragon) is proud to announce it is part of the Northrop Grumman team for the Habitation and Logistics Outpost (HALO) contract awarded by NASA.

Key Points: 
  • b'TUCSON, Ariz., May 21, 2021 /PRNewswire/ --Paragon Space Development Corporation (Paragon) is proud to announce it is part of the Northrop Grumman team for the Habitation and Logistics Outpost (HALO) contract awarded by NASA.
  • The ECLSS provides a comfortable, shirt-sleeve environment for the visiting crew members during their stay at the Lunar Gateway.
  • In pursuit of these objectives, Paragon will apply decades worth of human spaceflight development experience and leverage key expertise, knowledge and innovations to successfully deliver the HALO module ECLSS.
  • "The HALO life support system is optimized to meet the specific mission requirements established by NASA and Northrop Grumman and it\'s going to do so efficiently, safely, and affordably," said Barry Finger, VP Engineering and Chief Engineer.\n"We are extremely enthused to be part of this exciting endeavor and we look forward to supporting our Northrop Grumman partner on this important project.

Northrop Grumman Increases Quarterly Dividend 8 Percent to $1.57

Tuesday, May 18, 2021 - 11:19pm

b'FALLS CHURCH, Va., May 18, 2021 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021.\n\xe2\x80\x9cNorthrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,\xe2\x80\x9d said Kathy Warden, chairman, chief executive officer and president.

Key Points: 
  • b'FALLS CHURCH, Va., May 18, 2021 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021.\n\xe2\x80\x9cNorthrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,\xe2\x80\x9d said Kathy Warden, chairman, chief executive officer and president.
  • \xe2\x80\x9cWe are confident in our ability to continue creating shareholder value as we perform on our customers\xe2\x80\x99 missions.\xe2\x80\x9d\nNorthrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide.
  • Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.\n'

Peraton Completes Acquisition of Perspecta, Creating Leading Mission Capability Integrator and Transformative Enterprise IT Provider

Thursday, May 6, 2021 - 10:28pm

The company employs 22,000 employees; 7,500 have a top-secret SCI clearance.\nThis announcement follows Peraton\'s February acquisition of Northrop Grumman\'s integrated mission support and IT solutions business.

Key Points: 
  • The company employs 22,000 employees; 7,500 have a top-secret SCI clearance.\nThis announcement follows Peraton\'s February acquisition of Northrop Grumman\'s integrated mission support and IT solutions business.
  • "We have the right team, the right technology and the right scale to deliver against the biggest challenges facing government.
  • We will fuse mission-enabling services with market-leading enterprise offerings and solutions to identify the best use of new technology and help customers achieve positive business outcomes.
  • As the world\'s leading mission capability integrator and transformative enterprise IT provider, we deliver trusted and highly differentiated national security solutions and technologies that keep people safe and secure.

Veritas Capital Completes Acquisition of Perspecta

Thursday, May 6, 2021 - 9:05pm

In February 2021 Peraton completed its acquisition of Northrop Grumman\xe2\x80\x99s IT and mission support services business for $3.4 billion.

Key Points: 
  • In February 2021 Peraton completed its acquisition of Northrop Grumman\xe2\x80\x99s IT and mission support services business for $3.4 billion.
  • \xe2\x80\x9cThis milestone follows our recent acquisition of Northrop Grumman\xe2\x80\x99s integrated mission support and IT solutions business and further strengthens Peraton\xe2\x80\x99s leading position within the government technology market.
  • Visit Peraton.com/News and follow Peraton on LinkedIn for news and updates.\nAt Perspecta (NYSE: PRSP), we question, we seek and we solve.
  • For more information about Perspecta, visit perspecta.com.\nVeritas is a longstanding investor in companies operating at the intersection of technology and government.

Emerson Appoints James Turley as Chair of the Board of Directors

Tuesday, May 4, 2021 - 9:05pm

b'Emerson (NYSE: EMR), a global technology and industrial software leader, today announced the election of James Turley as chair of the company\xe2\x80\x99s board of directors.

Key Points: 
  • b'Emerson (NYSE: EMR), a global technology and industrial software leader, today announced the election of James Turley as chair of the company\xe2\x80\x99s board of directors.
  • Turley, who has served as a member of Emerson\xe2\x80\x99s board since 2013, is an independent director.
  • A sought-after audit and financial reporting expert, Turley also serves on the boards of directors for Citigroup Inc., Northrop Grumman Corporation and Precigen, Inc.\n\xe2\x80\x9cEmerson has a longtime commitment to strong corporate governance,\xe2\x80\x9d said Emerson CEO and President Lal Karsanbhai.
  • His term as board chair commences on May 5.\n\xe2\x80\x9cI am honored to serve as chair of the board for a company that I deeply admire,\xe2\x80\x9d Turley said.