Northrop Grumman

UFO-shaped object spotted being towed down a Kansas street

Did a UFO crash land in Kansas? At least that is what many residents of Cowley County, Kansas thought when they saw a flying saucer-shaped object being towed down the U.S. Highway 77 a few days ago.

This Just In: Upgrades and Downgrades

 At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

 

Did Boeing Just Lose the Tanker Contract?

One year ago -- almost to the day! -- I penned a short piece here posing the puzzler: "Did Boeing Just Win the Tanker Contract?" Sadly, today I regret to say I'm being forced to ask the opposite.

How Long Will Northrop Grumman's Dividend Last?

Whether you're a beginning investor or a near-retiree, the importance of purchasing stocks that pay dividends cannot be overstated. Not only do companies that have quarterly or annual payouts provide you with a steady stream of income, they also have the potential for capital appreciation. Simply put, dividend stocks can you give your portfolio what almost no other investment can -- both income and growth.

Google says no to Windows

Internet search giant, Google, has banned the use of Microsoft's Windows operating system (OS) for internal use at its office, as reported by the Financial Times. Google took this decision after the Chinese hacking incident.

Russians bid for Pentagon's tanker contract

United Aircraft, a Russian government owned aerospace corporation, plans to bid for a $40 billion tanker contract of Pentagon.

Boeing becomes sole bidder in tanker contract after Northrop quits

Northrop Grumman quits from the tanker contract on Monday, making Boeing, a Chicago based company, as the sole bidder in the $35 billion contract.

Northrop Grumman bows out of tanker bid

Washington -- Northrop Grumman said it would not seek a U.S. defense contract for Air Force refueling planes and claimed the specifications are slanted to favor rival Boeing.

"We continue to believe that Northrop Grumman's (refueling) tanker represents the best value for the military and taxpayer," said Wes Bush, chief executive officer and president of Northrop Grumman, which had won a previous bid for the contract that was later withdrawn when Boeing cried foul over the selection process.

Bush said the latest Request For Proposals "clearly favors Boeing's smaller refueling tanker."

In a statement, Bush said the company would not protest the selection process, although he felt there were "substantial grounds" for overturning the revised selection process.

Pentagon to Northrop: Go Jump in a Lake

Once upon a time, somebody wrote that: "The customer is always right." But it seems Northrop Grumman (NYSE: NOC) never got the memo. This week, it got a cold dash of the water of reality instead … right in the face.

5 Cold Stocks Heating Up

When a stock's share price is lower than a North Dakota thermometer in February, investors tend to give it the cold shoulder. But as the market warms to a stock's prospects, its price can heat up in a hurry.30. Alas, you can rarely tell that a stock is melting investors' hearts until afterit's made that upward leap.

3 Stocks That Just Make Sense

"I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out."
-- Warren Buffett

Northrop sells advisory services business for $1.65B

Los Angeles, November 9-- Northrop Grumman, the third largest U.S. defense contractor, agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and associate of Kohlberg Kravis Roberts & Co. for $1.65 billion.