Grumman

Keith Krach-Led US-Taiwan Business Council Delegation Expands Trusted Collaboration with Taiwan

Retrieved on: 
Wednesday, January 31, 2024
Technology, Professional Services, Public Policy, Government, Foundation, Philanthropy, Semiconductor, White House, Federal Government, Other Technology, Business, State, Local, University, Software, Advocacy Group Opinion, Education, Other Professional Services, Internet, Hardware, IBM, Multimedia, ExxonMobil, Uber, Language, Memorandum, TAITRA, Private sector, Economy, Krach, Silicon, TSMC, Intel, American Institute, MediaTek, National Chengchi University, Lockheed, Grumman, KKR, The Business Council, STEM, National Development Council, Prosperity, Democracy, NDC, COVID-19, STA, Research, AI, Digital, Purdue University, Trust, Innovation, NYCU, Trade, Citibank, NCCU, Management

View the full release here: https://www.businesswire.com/news/home/20240131359736/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131359736/en/
    The mission, which was timed shortly after Taiwan’s elections, focused on the importance of trust in the close relationship between the United States and Taiwan.
  • You partner with people you trust, and you love the people you trust,” observed Krach during the visit.
  • “The US-Taiwan Business Council’s chairman’s delegation, led by Keith Krach, was the first major international business organization to visit Taiwan after the January 13 election.
  • “We will continue to be ambitious in advancing the US-Taiwan ties based on trust, and expanding the Global Trusted Tech Network, a growing coalition of global leaders committed to trusted economic and technological collaboration.”

Leonardo DRS Delivers 1,000th Laser System Key to Rotor and Fixed-Wing Aircraft Protection System

Retrieved on: 
Tuesday, January 30, 2024
Technology, Engineering, Homeland Security, Aerospace, Manufacturing, Military, Public Policy, Government, Air, Defense, Transport, Other Defense, Contracts, Security, Government Technology, Heart, Woman, Grumman, Leonardo DRS

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered the 1,000th Solaris™ ruggedized laser system that is at the heart of Northrop Grumman’s Common Infrared Countermeasures (CIRCM) system.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered the 1,000th Solaris™ ruggedized laser system that is at the heart of Northrop Grumman’s Common Infrared Countermeasures (CIRCM) system.
  • CIRCM is a next-generation aircraft protection system designed to defend rotary wing, tilt rotor, and small fixed wing platforms across the U.S. armed services from a range of missile threats.
  • The laser works in the CIRCM system to 'dazzle' the missile’s infrared guidance system allowing the aircraft to safely move away from the missile threat.
  • Advanced sensing capability is a key strategic focus for Leonardo DRS providing world-leading sensing and laser technologies for a range of aircraft protection and mounted and unmounted sensors supporting the men and women of the U.S. armed forces.

Starlab Space Selects SpaceX's Starship for Historic Launch

Retrieved on: 
Wednesday, January 31, 2024
Senior, Hilton Hotels & Resorts, Research, International Space Station, LEO, Australian Space Agency, European Space Agency, Ohio State University, SpaceX, Loop, Grumman, Starship, Communications satellite

WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Starlab Space LLC (Starlab Space), the transatlantic joint venture between Voyager Space and Airbus, today announced the selection of SpaceX to launch the Starlab commercial space station to low-Earth orbit (LEO).

Key Points: 
  • WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Starlab Space LLC (Starlab Space), the transatlantic joint venture between Voyager Space and Airbus, today announced the selection of SpaceX to launch the Starlab commercial space station to low-Earth orbit (LEO).
  • Starship, SpaceX's fully reusable transportation system designed to carry both crew and cargo to Earth orbit, the Moon, Mars and beyond, will launch Starlab in a single mission prior to the decommissioning of the International Space Station.
  • "SpaceX's history of success and reliability led our team to select Starship to orbit Starlab," said Dylan Taylor, Chairman and CEO, Voyager Space.
  • Starlab Space recently announced a teaming agreement with Northrop Grumman and plans to collaborate with the European Space Agency .

Starlab Space Selects SpaceX's Starship for Historic Launch

Retrieved on: 
Wednesday, January 31, 2024
Senior, Hilton Hotels & Resorts, Research, International Space Station, LEO, Australian Space Agency, European Space Agency, Ohio State University, SpaceX, Loop, Grumman, Starship, Communications satellite

WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Starlab Space LLC (Starlab Space), the transatlantic joint venture between Voyager Space and Airbus, today announced the selection of SpaceX to launch the Starlab commercial space station to low-Earth orbit (LEO).

Key Points: 
  • WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Starlab Space LLC (Starlab Space), the transatlantic joint venture between Voyager Space and Airbus, today announced the selection of SpaceX to launch the Starlab commercial space station to low-Earth orbit (LEO).
  • Starship, SpaceX's fully reusable transportation system designed to carry both crew and cargo to Earth orbit, the Moon, Mars and beyond, will launch Starlab in a single mission prior to the decommissioning of the International Space Station.
  • "SpaceX's history of success and reliability led our team to select Starship to orbit Starlab," said Dylan Taylor, Chairman and CEO, Voyager Space.
  • Starlab Space recently announced a teaming agreement with Northrop Grumman and plans to collaborate with the European Space Agency .

NASA Science, Hardware on Northrop Grumman Mission En Route to Station

Retrieved on: 
Tuesday, January 30, 2024
Multimedia, Mobile Servicing System, SpaceX launch vehicles, Artemis, Science, Research, International Space Station, NASA TV, Television, Burn, Moon, Atmosphere, Biotechnology, Social media, Exploration, SpaceX, Spacecraft, Commercial Resupply Services, Biology, EST, Grumman, NASA, Communications satellite

WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- NASA science investigations and cargo aboard a Northrop Grumman resupply spacecraft are on the way to the International Space Station.

Key Points: 
  • WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- NASA science investigations and cargo aboard a Northrop Grumman resupply spacecraft are on the way to the International Space Station.
  • Launch occurred at 12:07 p.m. EST Tuesday on a SpaceX Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida.
  • Live coverage of the spacecraft's arrival will begin at 2:45 a.m. Thursday, Feb. 1, on the NASA+ streaming service.
  • Learn more about NASA's commercial resupply mission at:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/nasa-science-hardware-on-northr...

Northrop Grumman Prices $2.5 Billion Debt Offering

Retrieved on: 
Monday, January 29, 2024
Northrop Grumman, EDGAR, Sale, NOC, Grumman, Security (finance), Prospectus, Wells Fargo

FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today that it has priced a $2.5 billion underwritten public offering of senior unsecured notes.

Key Points: 
  • FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today that it has priced a $2.5 billion underwritten public offering of senior unsecured notes.
  • The notes include:
    Northrop Grumman expects to use the net proceeds from the offering for general corporate purposes, which may include debt repayment (including its 2.93% senior notes due 2025), share repurchases and working capital.
  • The offering is expected to close on January 31, 2024, subject to the satisfaction of customary closing conditions.
  • A copy of these documents may also be obtained by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov .

Northrop Grumman Announces $1 Billion Accelerated Share Repurchase Agreement

Retrieved on: 
Monday, January 29, 2024
Grumman, Share repurchase, ASR, Northrop Grumman, NOC, Security (finance)

FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of Northrop Grumman’s common stock.

Key Points: 
  • FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of Northrop Grumman’s common stock.
  • The company continues to target returning well over 100% of its free cash flow to shareholders through dividends and share repurchases in 2024.
  • Under the ASR agreement, Northrop Grumman expects to receive an initial delivery of approximately 1.8 million shares on Jan. 31, representing approximately 80 percent of the expected share repurchases under the ASR agreement, based on the company’s closing price of $438.31 on January 29, 2024.
  • The ASR will be completed under the company’s current share repurchase authorization, which currently has approximately $3.6 billion remaining.

Northrop Grumman Releases Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Thursday, January 25, 2024
Northrop Grumman, NOC, Grumman

FALLS CHURCH, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its fourth quarter and full-year 2023 financial results.

Key Points: 
  • FALLS CHURCH, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its fourth quarter and full-year 2023 financial results.
  • A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com .
  • As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today.
  • Northrop Grumman is a leading global aerospace and defense technology company.

Projects Flying to Space Station on NG-20 Will Include Tissue Chips, Artificial Retina Production, a New Supercomputer, and More

Retrieved on: 
Thursday, January 25, 2024
Cygnus, United States national laboratories, ProLiant, International Space Station, ISS, Research, Grumman, Zoom, Social media, Biotechnology, University, Science, Northrop Grumman, ZBLAN, Cartilage, Software, Environment, Fiber, SpaceX launch vehicles, NASA, HPE, Commercial Resupply Services, Telecommunications, ISS National Lab, Commerce, Hewlett Packard Enterprise, EST, SpaceX, Communications satellite

This will be the first mission in which a Northrop Grumman Cygnus spacecraft launches atop a SpaceX Falcon 9 rocket.

Key Points: 
  • This will be the first mission in which a Northrop Grumman Cygnus spacecraft launches atop a SpaceX Falcon 9 rocket.
  • The mission, contracted through NASA, will launch from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida no earlier than Monday, January 29, 2024.
  • If successful, this could help significantly reduce the mass of materials traveling to the space station, allowing more manufacturing at a lower cost.
  • An investigation from space robotics startup GITAI will evaluate how efficiently its dexterous robotic arm technology operates outside of the space station.

NASA Sets Coverage for Northrop Grumman Cargo Space Station Mission

Retrieved on: 
Thursday, January 25, 2024
International Space Station, Research, Grumman, Burn, Launch, Science, Television, Outer space, Blog, Falcon 9, NASA, Spacecraft, Hewlett Packard Enterprise, EST, NASA TV, Atmosphere, SpaceX, Communications satellite

This launch is the 20th Northrop Grumman commercial resupply services mission to the orbital laboratory for the agency.

Key Points: 
  • This launch is the 20th Northrop Grumman commercial resupply services mission to the orbital laboratory for the agency.
  • Live launch coverage will begin at 12:15 p.m. and air on NASA+ , NASA Television, the NASA app , YouTube , and on the agency's website , with prelaunch events starting Friday, Jan. 26.
  • Filled with more than 8,200 pounds of supplies, the Cygnus cargo spacecraft, carried on  the SpaceX Falcon 9 rocket, will launch from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida.
  • NASA coverage of rendezvous and capture will begin at 2 a.m., followed by installation coverage at 5 a.m. NASA astronaut Jasmin Moghbeli will capture Cygnus using the station's robotic arm, and NASA astronaut Loral O'Hara will act as backup.