On Dec. 20, ExecutiveBiz reported that ITT Exelis and Northrop Grumman will partner to compete for an upcoming contract to improve radio communication within Army vehicles. In today’s Washington Post, Marjorie Censer writes that the team can expect stiff competition for the award as ”contractors are lining up for a rare opportunity to win a spot on a military [...]
Defense industry experts are bracing for a major consolidation after public comments last Tuesday from Dennis Muilenburg, CEO of Boeing’s defense, space and security division, fueled rumors that the company might consider a merger with Northrop Grumman. However, a Boeing-Northrop merger would put almost half of all defense work in the hands of one giant [...]
This is the year of aggressive competition. Tightening federal budgets, plus the insourcing push, are proving as much. But while many say government contracting is entering a lean, mean next couple years, there’s still plenty of market opportunity. The trick is knowing who’s changing the game — and setting the terms — so you can [...]
Northrop Grumman has just announced that Chairman and Chief Executive Ronald Sugar, who’s been in his current role since 2003, will retire June 2010. Sugar will be replaced by Wesley Bush, 48, who joined the company in 1987 and currently serves as president and chief operating officer. Sugar is 61 years old, still below Northrop’s [...]
