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1998
Jul 18, 1998 - During a telephone conference, analysts hammered Northrop Grumman Chairman Kent Kresa with questions about whether he would break up the company to revive the 40 percent premium investors had expected if the merger had taken place. Northrop Grumman shares fell $6.75 yesterday to ...
pqasb.pqarchiver.com/baltsun/access/44849565.html?dids=44849565:44849565&FMT=ABS&FMTS=ABS :FT&type=current...Northrop+Grumman...

2000
Jun 13, 2000 - The Northrop Grumman Corporation said yesterday that it would sell its commercial jet-parts division to focus more on military electronics and technology. The buyer is the Carlyle Group, a private investment firm in Washington, which is paying $843 million in cash and securities. ...
www.nytimes.com/2000/06/13/business/company-news-northrop-grumman-selling-jet-parts-division.html

2001
May 10, 2001 - By Kenneth N. Gilpin. EXECUTIVES from the Northrop Grumman Corporation began explaining and defending the company's hostile $2.1 billion bid for Newport News Shipbuilding yesterday. But as of the close of business, the company had yet to make details of the offer available to the ...
www.nytimes.com/2001/05/10/business/markets-market-place-northrop-grumman-short-details-but-long- defenses-its-bid.html

2002
Feb 22, 2002 - NEW YORK — Defense giant Northrop Grumman Corp. launched a $5.9 billion unsolicited bid Friday to buy TRW Inc., and TRW called the move "regrettable" since it came just days after its boss announced his departure. Northrup Grumman announced the move, aiming to boost its aerospace ...
www.foxnews.com/story/0,2933,46295,00.html

2003
Jun 10, 2003 - The Northrop Grumman Corporation has agreed to pay $111 million to settle a whistle-blower's lawsuit claiming that TRW Inc. improperly billed the government on several projects from 1990 to 1997. The suit was filed under the federal False Claims Act by Richard Bagley, a former employee ...
www.nytimes.com/2003/06/10/business/company-news-northrop-grumman-pays-111-million-to-settle- lawsuit.html

2004
Feb 4, 2004 - By Diane Hess 02/04/04 - 10:14 AM EST. Defense contractor Northrop Grumman (NOC Quote) reported fourth-quarter earnings that were flat with year-ago levels, as pension costs offset revenue gains. The company earned $224 million, or $1.22 a share, compared with $224 million, ...
www.thestreet.com/story/10141603/pension-costs-drag-on-northrop-grumman.html

2005
Oct 10, 2005 - LOS ANGELES - Northrop Grumman Corp. slashed its 2005 profit forecast Monday after estimating that damages and work delays caused by hurricanes Katrina and Rita will cut about 40 cents a share from full-year earnings. The Los Angeles-based military contractor estimated damage to its ...
www.msnbc.msn.com/id/9654734/

2006
Oct 24, 2006 - By TSC Staff 10/24/06 - 09:06 AM EDT. Northrop Grumman(NOC Quote) posted a 5% rise in third-quarter income from continuing operations, as results were hurt by a big charge related to a settlement with the Department of Justice. The defense contractor also pared its full-year guidance ...
www.thestreet.com/_googlen/newsanalysis/manufacturing/10317102.html?cm_ven=GOOGLEN&cm_cat= FREE&cm_ite=NA

2007
Feb 8, 2007 - WASHINGTON (MarketWatch) -- Northrop Grumman Corp. (NOC) has told the US Air Force it intends to take part in a competition for a new aerial refueling plane, according to Air Force and congressional officials. The Air Force wants to buy 179 tankers over the next 15 years or so. ...
www.marketwatch.com/story/northrop-grumman-to-bid-on-us-air-force-tanker-sources

2008
Jun 18, 2008 - WASHINGTON, June 18 (Reuters) - Northrop Grumman Corp (NOC.N) said Wednesday it continued to believe it offered the US Air Force the best aerial refueling tanker after US auditors faulted the acquisition process. "We respect the GAO's (Government Accountability Office) work in ...
www.reuters.com/articlePrint?articleId=UKWAT00969420080618



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