Stories tagged with Northrop Grumman

Behind American aid to Egypt: U.S. defense contractors

By Laurie Bennett   |   August 18, 2013 at 8:30am   |   1 Comments

Although President Obama has condemned the violence in Egypt, he hasn’t cut off military aid, which totals $1.3 billion annually.

Creating a daisy chain of Fortune 1000 directors

By Laurie Bennett   |   March 1, 2013 at 5:50pm   |   0 Comments

Good corporate directors are so hard to find that many poor souls have to serve on multiple boards.

Pentagon hit with protectionism charges in tanker contract

By Laurie Bennett   |   March 15, 2010 at 9:48am   |   1 Comments

Europeans are accusing the Defense Department of protectionism in a $35 billion contract to replace Air Force KC-135 tankers.

Boeing and Lockheed join forces on bomber project

By Eric Rosenberg   |   January 28, 2008 at 8:00am   |   0 Comments

Boeing Company and Lockheed Martin Corporation, two of the Pentagon’s largest military contractors, announced last week that they are teaming up to develop a new bomber for the Air Force.

The companies are likely to face Northrop Grumman as they compete for the program, which will cost tens of billions of dollars. The fleet of B-2 bombers, the most recent bomber program, cost the Pentagon at least $40 billion.

Peter Pace and Ed Giambastiani go corporate

By Gary Jacobson   |   January 23, 2008 at 9:41am   |   1 Comments

Gen. Peter Pace, a former Chairman of the Joint Chiefs of Staff, and his one-time vice chair, Adm. Ed Giambastiani Jr., have accepted corporate posts just a few months after retiring from the military.

SM&A, a consulting firm that advises defense firms and other companies, said Friday that it hired Pace as president and CEO of a subsidiary, SM&A Strategic Advisors. The 40-year Marine Corps veteran, who retired in October, also joins SM&A’s board of directors.

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