The Latest Breaking News from NOC

BWX Technologies, Inc. (NYSE:BWXT) has secured a contract from the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO) to build the first advanced nuclear microreactor in the U.S.  BWXT Advanced Technologies LLC will build the prototype in Lynchburg, Virginia, and Euclid, Ohio, under a cost-type contract valued at around $300 million, depending…

Chairman of Libya’s National Oil Company (NOC) Mustafa Sanalla held talks with General Manager of Eni North Africa Antonio Bolsari in Tripoli on Wednesday. Sanalla’s Advisor Bashir Grea, the General Manager of Legal Affairs Dr. Kalfallah Ibrahim and the Project and Maintenance Manager Najmi Karim attended the meeting. Several topics…

Given the current market turmoil caused due to multi-decade high inflation, interest rate hikes, and fears of a possible recession, we think investors should secure themselves by investing in stocks that generate stable returns in the form of dividends. So, we think it could be wise to bet on Northrop…

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

Northrop Grumman Corporation (NYSE: NOC) CEO Kathy Warden gave both good and bad news: the aerospace company anticipates increased demand for its weapons systems, but supply chain issues may hinder efforts to increase output, 

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.49% on an annualized basis producing an average annual return of 10.6%. Currently, Northrop Grumman has a market capitalization of $70.35 billion.

Comments by leading IOC official made in 2008 interview about payments were permitted under Olympic rules at the time

Libya's parliament-appointed prime minister, Fathi Bashagha, asked the National Oil Corporation (NOC) to submit its proposals on mechanisms necessary to preserve and maintain funds generated from oil revenues. Bashagha sent an urgent message to NOC Chairman Mustafa Sanalla, stressing the need to resume oil production and export as soon as…

Northrop Grumman Corp (NYSE:NOC) reported a first-quarter FY22 sales decline of 4% year-over-year to $8.79 billion, -2% on an organic basis, missing the consensus of $8.88 billion. Sales by segments: Aeronautics Systems $2.7 billion (-10% Y/Y), Defense Systems $1.28 billion (-18% Y/Y), Mission Systems $2.49 billion (-4% Y/Y), and Space Systems $2.86…

The US called Wednesday on Libyan leaders to immediately end the continued closure of oil sites and ports, stressing that such practices cost the country additional millions and risk an environmental disaster. In an unusual tone, the US embassy in Tripoli issued a statement expressing Washington’s “deep concern” over “the…

A shutdown of Libya’s main oil fields shows the political differences that still hamper the country.