Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Northrop Grumman Corporation    NOC

NORTHROP GRUMMAN CORPORATION (NOC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Northrop Grumman : Announces CEO Transition

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/13/2018 | 12:25am CEST

FALLS CHURCH, Va., July 12, 2018 (GLOBE NEWSWIRE) -- Northrop Grumman (NYSE:NOC) chairman and chief executive officer Wes Bush announced today that he will step down from the position of chief executive officer effective Jan. 1, 2019.  He will remain chairman through July 2019.

Northrop Grumman’s board of directors has elected Kathy Warden, the company’s president and chief operating officer, to the position of chief executive officer and president, effective Jan. 1, 2019.  The board has also elected Warden to serve as a member of the board, effective immediately.

“I am delighted that Kathy will become our company’s next CEO,” said Bush.  “She has demonstrated exceptional leadership in her roles leading the operations of our company, and she brings the vision and values to lead Northrop Grumman into the future.”

“I look forward to leading Northrop Grumman and driving performance for all our stakeholders; working with our employees, our customers, and our shareholders as we move our company forward,” said Warden.

“The board of directors has a strong focus on succession planning, and Kathy’s election as our incoming CEO and president enables us to ensure a seamless transition in this important leadership position for our company,” said Don Felsinger, Northrop Grumman’s lead independent director.  “The board appreciates the tremendous progress the company has made under Wes’ leadership and we look forward to building on this progress with Kathy as our next CEO.”

Warden joined the company in 2008, and has held a series of positions of increasing responsibility, including serving as the vice president and general manager of the company’s cybersecurity business, president of its former Information Systems sector, president of its Mission Systems sector, and currently as president and chief operating officer.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide.  Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.

Contact:
Tim Paynter (Media)
703-280-2720 (office)
timothy.paynter@ngc.com

Steve Movius (Investors)
703-280-4575 (office)
steve.movius@ngc.com

Primary Logo

Source: Northrop Grumman Corporation

2018 GlobeNewswire, Inc., source Press Releases

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NORTHROP GRUMMAN CORPORATI
04:08pNORTHROP GRUMMAN : Showcases Autonomous Maritime Capabilities at U.S. Navy&rsquo..
PU
09/18NORTHROP GRUMMAN : Innovations Systems Employee Honored with NASA’s Outsta..
PU
09/18NORTHROP GRUMMAN : to Produce First Insensitive Munitions Rocket Motors for GMLR..
AQ
09/17NORTHROP GRUMMAN : Supports Final Delta II Launch
PU
09/17NORTHROP GRUMMAN : Built ICESat-2 Spacecraft Successfully Launched by United Lau..
AQ
09/17NORTHROP GRUMMAN : Begins MQ-8C Fire Scout Flight Tests in Moss Point, Miss.;Fli..
AQ
09/17NORTHROP GRUMMAN : to Produce First Insensitive Munitions Rocket Motors for GMLR..
PU
09/15NORTHROP GRUMMAN : Built ICESat-2 Spacecraft Successfully Launched by United Lau..
PU
09/15NORTHROP GRUMMAN : Flights From Trent Lott International Airport are a First for..
AQ
09/15Brazil space station open for small satellite business
RE
More news
News from SeekingAlpha
09/18Markets Shrug Off Fresh Trade Salvo (Wall Street Breakfast Podcast) 
09/18WALL STREET BREAKFAST : Markets Shrug Off Fresh Trade Salvo 
09/18Space Force would cost $13B over 5 years 
09/12Top Dividend Growth Stocks By Sector 
09/11What Is The Better Buy? A Defense Sector ETF Or Lockheed Martin? 
Financials ($)
Sales 2018 29 988 M
EBIT 2018 3 570 M
Net income 2018 2 956 M
Debt 2018 11 082 M
Yield 2018 1,46%
P/E ratio 2018 18,81
P/E ratio 2019 16,76
EV / Sales 2018 2,21x
EV / Sales 2019 1,93x
Capitalization 55 307 M
Chart NORTHROP GRUMMAN CORPORATION
Duration : Period :
Northrop Grumman Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NORTHROP GRUMMAN CORPORATI
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 360 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Wesley G. Bush Chairman & Chief Executive Officer
Kathy J. Warden President, Chief Operating Officer & Director
Kenneth L. Bedingfield Chief Financial Officer & Corporate Vice President
Patrick M. Antkowiak Chief Technology Officer & Vice President
Donald E. Felsinger Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NORTHROP GRUMMAN CORPORATION1.34%54 156
UNITED TECHNOLOGIES CORPORATION9.41%110 221
LOCKHEED MARTIN CORPORATION5.70%96 638
GENERAL DYNAMICS0.57%59 976
RAYTHEON9.13%58 481
BAE SYSTEMS10.33%26 371