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Northrop Grumman upgrades Marine Corps pods for faster data

Published 05/12/2024, 14:40
NOC
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The LITENING pod, which is equipped with high-definition sensors, can detect, acquire, identify, and track targets at extended ranges, supporting a variety of missions from precision targeting to humanitarian assistance. Northrop Grumman (NYSE:NOC), a leading global aerospace and defense technology company with a robust 5.95% revenue growth in the last twelve months, has delivered over 900 LITENING pods to both U.S. and international customers. InvestingPro data reveals the company maintains a strong financial health score and has increased its dividend for 21 consecutive years, highlighting its operational stability. The company continues to advance its technology to meet the evolving needs of its clients. For deeper insights into NOC's financial metrics and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.

The new ATDL is the first in tactical aircraft to incorporate the Bandwidth (NASDAQ:BAND) Efficient Common Data Link (BE-CDL) waveform, which facilitates more rapid transmission of video, still images, and metadata. With secure, two-way, multi-band link capabilities, the system allows for simultaneous live video feeds to be viewed by operators in the air and on the ground, improving mission precision.

James Conroy, vice president of navigation, targeting, and survivability at Northrop Grumman, stated, "The ATDL enhancement is like upgrading to better Wi-Fi by building on LITENING’s already proven data links, making live feeds immediately available on the ground – a critical capability in our modern environment."

The ATDL replaces the older Plug-and-Play II data link and can be retrofitted onto any fourth generation or newer LITENING pod. It includes an updated processor, software-defined radio, and a wideband antenna, along with an improved data recorder. The LITENING pod, which is equipped with high-definition sensors, can detect, acquire, identify, and track targets at extended ranges, supporting a variety of missions from precision targeting to humanitarian assistance.

Northrop Grumman, a leading global aerospace and defense technology company, has delivered over 900 LITENING pods to both U.S. and international customers. The company continues to advance its technology to meet the evolving needs of its clients.

This update is based on a press release statement from Northrop Grumman.

In other recent news, Northrop Grumman has been making notable strides in the aerospace and defense industry. The company has reported a strong third-quarter performance with a 6% year-to-date revenue growth and a 13% increase in earnings per share from the previous year's third quarter. In light of these results, investment banking firms Jefferies, Susquehanna, and UBS have revised their outlooks on Northrop Grumman's shares positively.

The company has also announced the successful activation of the U.S. Space Force's Enhanced Polar System – Recapitalization (EPS-R) payloads, part of the Arctic Satellite Broadband Mission (ASBM), handed over to Space Norway. The company has also received a robotics payload for its Mission Robotic Vehicle from the U.S. Naval Research Laboratory, marking a significant advancement in satellite servicing technology.

Despite challenges in the space sector, Northrop Grumman projects a 3-4% sales increase in 2025, focusing on international markets and new development programs. On the financial front, Northrop Grumman has announced a quarterly dividend of $2.06 per share, reflecting the company's financial health and board's confidence in its fiscal position. These recent developments provide a snapshot of the company's recent activities and achievements in the industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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