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4-Traders Homepage  >  Equities  >  Nyse  >  Northrop Grumman Corporation    NOC

Delayed Quote. Delayed  - 12/09 10:01:26 pm
238.43 USD   +0.30%
12/09 NORTHROP GRUMMA : Elects Mark A. Welsh III to its Board of Directors
12/09 NORTHROP GRUMMA : pair join hall of fame
12/08 THURSDAY SECTOR : Defense, Precious Metals
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Northrop Grumman : Elects Mark A. Welsh III to its Board of Directors

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12/09/2016 | 08:13pm CET

(GlobeNewswire) - Northrop Grumman Corporation (NYSE:NOC) announced it has elected Gen. Mark A. Welsh, III (USAF ret.), Dean of the Bush School of Government and Public Service at Texas A&M University to its board of directors. The addition of Welsh increases Northrop Grumman`s board of directors to 14 members, 13 of whom are independent directors.

A photo accompanying this release is available at: http://news.northropgrumman.com/news/releases/northrop-grumman-elects-mark-a-welsh-iii-to-its-board-of-directors

"We are delighted that Mark Welsh has joined our board of directors," said Wes Bush, chairman, chief executive officer and president, Northrop Grumman Corporation. "His extensive leadership experience and deep understanding of global security are a great fit to our board, and we are excited about the contributions he will make as Northrop Grumman employees around the globe work to create value for our customers and shareholders."

Prior to his current position as Dean of the Bush School of Government and Public Service at Texas A&M University, Welsh served as Chief of Staff of the U.S. Air Force, the senior uniformed Air Force officer responsible for the organization, training and equipping of active-duty, Guard, Reserve and civilian forces serving in the United States and overseas. During his long career, Welsh also served as a member of the Joint Chiefs of Staff, Commander of the U.S. Air Forces in Europe and Commander of NATOs Air Command, Associate Director for Military Affairs at the Central Intelligence Agency and Commandant of the United States Air Force Academy.

Welsh earned a bachelors degree from the U.S. Air Force Academy, a masters degree in computer resource management from Webster University, and graduated from the Army Command and General Staff College, the Air War College and the National War College.

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 www.northropgrumman.comfor more information.

Contact:

Randy Belote (Media)

703-280-2720 (office)

443-994-1489 (mobile)

randy.belote@ngc.com

(c) All KUNA right are reserved 2016. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2016 24 032 M
EBIT 2016 3 055 M
Net income 2016 2 096 M
Debt 2016 4 721 M
Yield 2016 1,46%
P/E ratio 2016 20,66
P/E ratio 2017 19,93
EV / Sales 2016 1,95x
EV / Sales 2017 1,88x
Capitalization 42 026 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 250 $
Spread / Average Target 4,7%
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Managers
NameTitle
Wesley G. Bush Chairman, President & Chief Executive Officer
Gloria A. Flach Chief Operating Officer
Kenneth L. Bedingfield Chief Financial Officer & Corporate Vice President
Patrick M. Antkowiak CTO & Corporate Vice President
Donald E. Felsinger Lead Independent Director
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