- Filed a formal protest with the GAO requesting a review of the evaluation conducted by the U.S. Army/Marine Corps Source Selection Authority (SSA) to identify development teams for the technical demonstration (TD) phase of the Joint Light Tactical Vehicle (JLTV) program.
- After careful examination of the data presented at the Nov. 5 debriefing, it is apparent that inconsistencies in the bid and evaluation process unfairly placed the Northrop Grumman team at a competitive disadvantage. Northrop Grumman requests that the GAO examine the process, which it believes is marred by unstated requirement changes and arbitrary maturity ratings.

Other headlines for [NOC]

• NOC 1/5/2009 09:06am
  Northrop Grumman Corp Shares raised to outperform from neutral at Cowen; HON initiated neutral
  
• NOC 12/19/2008 08:46am
  Northrop Grumman Corp Price Target lowered to $54 from $57 at Bernstein, maintains market perform rating
  
• BA 12/17/2008 09:48am
  Boeing Co Defense Unit Cheif: Sees rev growth of 4-5% over the course of next 10 years, may see delays in certain programs- Still hold plans to grow international rev to 20% from current levels of 13%
  
• NOC 12/16/2008 06:42pm
  Northrop Grumman Corp Announced a pact with London Ambulance Service- To provide computer-aided dispatch system for emergency calls and ambulance movement - System to be implemented by 2010 ahead of the 2012 Olympics
  
• HO.FR 12/16/2008 10:59am
  Thales SA Exec: Some risk exists that suppliers in aerospace sector will have problems due to the economic downturn- Continue to look for potential acquistions in the US and UK - Note: 12.15: Northrup Gruman more...
  

Industrials sector headlines

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• NSANY Today 01:24pm
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• DAL Today 01:19pm
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• CAE Today 01:12pm
  Cascade Corp. Hearing downgraded to underperform from neutral rating at DA Davidson (timing uncertain)
  
• LEA Today 01:03pm
  Lear Corp Moody's lowers corporate family rating to Caa2 from B3