Business

November 21, 2012

Northrop Grumman Appoints Sunil Navale Vice President, Business Management for Space Systems

REDONDO BEACH, Calif., Nov. 20, 2012 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE:NOC) today announced that it has appointed Sunil Navale vice president, business management, for the company’s Space Systems business area, effective Feb. 1, 2013.

A photo accompanying this release is available at http://media.globenewswire.com/noc/mediagallery.html?pkgid=15884

In his new role, Navale will be responsible for financial and business administration activities for Space Systems, one of the four areas within the company’s Aerospace Systems sector.

Navale joined the company in 1997 and has held a number of leadership positions in business management and technology development at the company’s Aerospace Systems sector and its corporate headquarters. He most recently served as sector director of financial planning and reporting, and, previously, as corporate director of financial strategy and valuations.

Navale earned a master’s degree in business administration from the University of California, Los Angeles, where he graduated as the Harold M. Williams Fellow and earned the J. Fred Weston Award for Academic Excellence in Finance. He earned a doctorate in electrical engineering from the University of Michigan, Ann Arbor.

 

 

 




All of this week's top headlines to your email every Friday.


 
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 

 

Raytheon SM-6s intercept targets in ‘engage on remote’ tests

During the U.S. Navy’s Combat Ship System Qualification Trials, the USS Chancellorsville (CG 62) tested two Raytheon Standard Missile-6 interceptors against anti-ship and cruise missile targets. As part of ‘engage on remote’ scenarios, the ship launched the SM-6 interceptors prior to its own radars ‘seeing’ the incoming threats, using targeting information from ano...
 
 

General Dynamics receives $19 million contract for submarine planning services

The U.S. Navy has awarded General Dynamics Electric Boat an $18.9 million contract modification to perform reactor-plant planning yard services for nuclear submarines and support-yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics. Initially awarded in November 2011, the contract has a potential value of $121.2 million through...
 
 

Passenger jets push Boeing’s profit up 18 percent

Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year. On a per-share basis, the Chicago-based company said it had a profit of $1.86. Adjusted for non-operating costs, earnings came to $2.14 per share, better than...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>