ADVFN - Advanced Financial Network.
HOME» NYSE » N » NOC Stock Price » NOC Stock News

Northrop Grumman Share News

 Northrop Grumman Corp Stock Price
NOC Stock Price
 Northrop Grumman Corp Stock Chart
NOC Stock Chart
 Northrop Grumman Corp Stock News
NOC Stock News
 Northrop Grumman Corp Company Information
NOC Company Information
 Northrop Grumman Corp Stock Trades
NOC Stock Trades

MBDA Buys US Viper Strike Munitions Business

PARIS -(Dow Jones)- MBDA Inc., the U.S. unit of European missile maker MBDA, has bought the Viper Strike munitions business from Northrop Grumman Corp. (NOC) for an undisclosed amount, MBDA said Monday. The Viper Strike business, located in Huntsville, Alabama, will allow MBDA to design and build precision-guided weapons for both manned and unmanned aircraft in a single location, the company said in a statement The acquisition, the first in the U.S. by MBDA Inc., provides the company with its second design, development, and manufacturing location in the country. Its original operating unit is in Westlake Village, California. The transaction has already received the necessary U.S. regulatory approval, the company said. MBDA is jointly held by BAE Systems PLC (BA.LN) of the U.K. with 37.5%, Franco-German group European Aeronautic Defence & Space Co. EADS NV (EAD.FR) with 37.5% and Italy's Finmeccanica SpA (FNC.MI) with 25%. -By Nadya Masidlover, Dow Jones Newswires; +33 1 4017 1740; nadya.masidlover@dowjones.com

Stock News for Northrop Grumman (NOC)
DateTimeHeadline
03/04/201519:28:20Pentagon Plans Cost-Plus Deal for New Bomber--Update

Northrop Grum Hol and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad