Northrop Grumman Lands $9.6-M Navy Torpedo Contract July 6, 2017 The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.
Machine Tool Orders Rise in May, AMT Says July 10, 2017 Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.