Northrop Newport News leadership changes amidst criticism
Article Abstract:
The Northrop Grumman Corp. at its Newport News shipbuilding division announced a change in leadership. This change was announced because the top Navy acquisition leader complained about significant cost growth and construction schedule delays in submarine construction work.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2004
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Hit by Katrina, Northrop stalls in third quarter: Plans to buy back $1.5 billion in stock
Article Abstract:
Northrop Grumman Corp. has seen its results remain largely flat in the third quarter of 2005, compared to the same period in 2004, as its Ship Systems unit is badly hit from Hurricane Katrina. It has also announced a new program to repurchase upto $1.5 billion in its stock.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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