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Northrop Grumman Gets New Chief Executive in Australia

Executive has 25 years experience in the aerospace and defense industries. Full story

Sector Snap: Defense Contractors

Shares of defense contractors, after weathering what many believe may be the worst of the Pentagon's budget cutting rose on Thursday as Goldman Sachs upgraded the industry as a whole. Full story

Northrop Grumman shares rise on buyback plans

Shares in companies that do defense contracting work rose across the board Friday on the heels of a huge stock buyback program announced by Northrop Grumman, sending it and others to all-time highs. Full story

Northrop Grumman adds $4B to stock repurchase

Defense contractor Northrop Grumman Corp. said Thursday that its board approved the repurchase of another $4 billion in stock, and it plans to buy back a quarter of its outstanding shares by the end of 2015. Full story

'Pumpkin' Moonship for Private Manned Lunar Landings Passes Key Review

A private space exploration company's plans to build a novel moonship to return human explorers to the lunar surface has moved one step closer to reality. Full story

Northrop Grumman boosts dividend to 61 cents

Northrop Grumman Corp. said Wednesday that its board increased the defense contractor's quarterly cash dividend by 6 cents, or 11 percent, to 61 cents. Full story

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Related Photos

Handout of two Northrop Grumman MQ-4C Triton unmanned aerial vehicles are seen on the tarmac at a Northrop Grumman test facility in Palmdale,
Handout of two Northrop Grumman MQ-4C Triton unmanned aerial vehicles are seen on the tarmac at a Northrop Grumman test facility in Palmdale,

Two Northrop Grumman MQ-4C Triton unmanned aerial vehicles are seen on the tarmac at a Northrop Grumman test facility in Palmdale, California May 22, 2013 in this handout photo provided by the U.S. Navy May 22, 2013. Photo taken May 21, 2013. U.S. Navy photo courtesy of Northrop Grumman/Chad Slatt

Handout of the Triton unmanned aircraft system completing its first flight from Northrop Grumman manufacturing facility in Palmdale
Handout of the Triton unmanned aircraft system completing its first flight from Northrop Grumman manufacturing facility in Palmdale

The Triton unmanned aircraft system is shown completing its first flight from the Northrop Grumman manufacturing facility in Palmdale, California in this handout photo released by the U.S. Navy May 22, 2013 . The 80-minute flight successfully demonstrated control systems that allow Triton to operate