Northrop Newport News leadership changes amidst criticism

Article Abstract:

The Northrop Grumman Corp. at its Newport News shipbuilding division announced a change in leadership. This change was announced because the top Navy acquisition leader complained about significant cost growth and construction schedule delays in submarine construction work.

Management dynamics, Management, Appointments, resignations and dismissals, Company business management

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Hit by Katrina, Northrop stalls in third quarter: Plans to buy back $1.5 billion in stock

Article Abstract:

Northrop Grumman Corp. has seen its results remain largely flat in the third quarter of 2005, compared to the same period in 2004, as its Ship Systems unit is badly hit from Hurricane Katrina. It has also announced a new program to repurchase upto $1.5 billion in its stock.

Securities issued, listed, Economic aspects, Environmental aspects, Securities, Hurricanes, Company securities, Hurricane Katrina, 2005

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