Layoffs At Northrop Grumman

Northrop Grumman Corp (NYSE: NOC) is eliminating 150 high-tech job at its Apopka laser systems facility; nearly 14 percent of the work force there, reports the Orlando Sentinel. Many of the workers involved already have taken voluntary buyouts. The remaining 90 will be terminated in March. The layoffs are attributed to Defense Department budget cuts. NOC has been trending upward for most of the last six months.

  • How Baltimore Is Growing Its Tech Gurus From Scratch
    Digital Harbor’s annual budget has grown to $750,000, and it employs a staff of 14. Its major funders include Northrop Grumman, the defense contractor (which bases its high-tech Mission Systems division in suburban Baltimore), and the Maryland-based ...
    10/21/2017 - 1:04 pm | View Link
  • Gord Downie: 1964–2017
    In a genre prone to cliché, outright nonsense and occasional misogyny, Gord Downie wrote lyrics that dipped in the same well as Al Purdy, Raymond Carver, Northrop Frye, Timothy Findley, Hugh MacLennan and others; he would even quote those writers directly ...
    10/21/2017 - 12:08 am | View Link
  • Highlights From the Showroom Floor at the Army's Biggest Arms Expo and Conference
    Northrop Grumman also put out a model of a Styrker equipped with its active electronically scanned array Highly Adaptable Multi-Mission Radar (HAMMR). The company is working with the Army on this radar as a complementary sensor for various short range air ...
    10/17/2017 - 8:32 pm | View Link
  • Readers Speak Out on Goals and Challenges of Women Today
    Of course, we will not see this within the next year. Realistically, I don’t know when we will see it happen. — Nadya Northrop, Chicago At the top of my list are issues related to childcare and life balance. I often consider the great problems women ...
    10/11/2017 - 4:37 am | View Link
  • Singular Research's Proprietary Major Market Indicators Index Is Bearish Despite Indexes Hitting New All-Time Highs
    The sum of that figure for these four weeks was $10.4 billion. The largest contributor to this figure was when Northrop Grumman (NOC) announced the acquisition of Orbital ATK, Inc. (OA) with a $7.8 billion cash component. We treat M&A deals announced as a ...
    10/10/2017 - 8:26 am | View Link
  • More
  • Washington Technology
    Latest news and information on the business of delivering technology and services to government including government contractors, the integrator community, technology ...
    10/20/2017 - 6:23 pm | View Website
  • Guess? Inc.
    Guess? Inc. financial and business news, updates, and information from The New York Times and other leading providers.
    10/19/2017 - 7:18 am | View Website
  • L3 Layoffs 2017
    The Layoff discussion - User says: ``L3 Layoffs 2017'' regarding L-3 Communications Holdings Inc.
    10/17/2017 - 4:39 pm | View Website
  • Trump’s Impact on the Economy: The Good, the Bad, and the ...
    We'll be right back. Follow FP:
    10/17/2017 - 3:20 pm | View Website
  • Vought
    Vought is the name of several related aerospace firms. These have included, in the past, Lewis and Vought Corporation, Chance Vought, Vought-Sikorsky, LTV Aerospace ...
    10/13/2017 - 12:59 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News