Tag Archives: Huntington Ingalls

Northrop Grumman Not Following The Pack – No Plans To Spin Off Government Services

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Defense contractor Northrop Grumman (NOC) is feeling pretty good right now after having just won a massive contract for the new long range bomber. The company is also in the process of restructuring its organization by cutting its operating groups from 4 to 3, one of which will be called Technology Services. The move led to suspicion that… Read More »

Huntington Ingalls CEO Talks Shop, Post Spinoff Life With The WSJ

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Amidst talk of defense budget cuts and sequesters, Northrop Grumman (NOC) spun off of its naval shipbuilding unit Huntington Ingalls (HII). Despite the doom and gloom setting for the defense industry, the stock has appreciated quite nicely since its March 2011 debut, up close to 90%. The company has recently faced cost overruns while building the newest aircraft… Read More »