grumman

The decision by EADS to bid for a contract worth at least $35 billion came six weeks after its partner, Northrop Grumman, dropped out of the contest.

European defense and aerospace consortium EADS and its U.S. partner, Northrop Grumman, have handed an apparent $35 billion dollar gift to rival Boeing — by packing up and going home.

The Northrop Grumman Corporation said on Monday that it would not bid for a $40 billion contract to build aerial refueling planes for the Air Force , leaving its rival, Boeing , as the likely winner of one of the Pentagon's largest contracts.

Security company Northrop Grumman Corp. said Friday it received a training contract with the U.S. National Guard valued at $50 million over five years.

A- Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc.

Defense contractor Northrop Grumman says it's relocating the testing grounds for its unmanned aerial systems from Cochise County to an airfield in Utah.

Another hotly disputed contest is expected between Boeing and a joint venture that includes Northrop Grumman and EADS.

Northrop Grumman Corp. said Wednesday Ronald Sugar will step down as chairman and CEO at the end of the year, ahead of his retirement in June 2010.

Boeing and a joint venture of Northrop Grumman and the European maker of Airbus planes are competing for the $35 billion contract.

Northrop Grumman Corp. said Monday its AMSEC subsidiary won a part of a five-year contract worth a total value of $455 million.