Northrop Grumman partners with Apex for space interceptor demonstration
Get Alerts NOC Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
EPS Growth %: -16.3%
Join SI Premium – FREE
Northrop Grumman Corporation (NYSE: NOC) announced that Apex will support its development of space-based interceptor capabilities for the U.S. Space Force. The collaboration is part of a competition to demonstrate space-based missile defense systems and establish a network of interceptors.
The company completed ground tests in 2026 and plans to deliver on-orbit capability by 2027. Northrop Grumman is funding the demonstration of space-based interceptor systems as part of a government prize competition, building on its $1 billion investment in missile-defense technology.
"We're combining our advanced missile defense technologies and commercial partnerships to demonstrate next generation space-based interceptor capabilities in support of our nation's Golden Dome priorities," said Ryan Tintner, vice president and general manager of Northrop Grumman's space superiority systems division.
Ian Cinnamon, chief executive officer of Apex, stated the partnership will enable operational, constellation-scale space-based missile defense to address what he described as an urgent national need.
Space-based interceptors are designed as components of a layered missile defense system intended to defeat missiles during flight. The program aims to create a network of interceptors capable of protecting the homeland by the end of the decade.
The information is based on a press release from Northrop Grumman.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apollo Global Management (APO) call put ratio 1 call to 6.8 puts a focus on a spreader of 9K contracts January 95 and 135 puts
- Faraday Future reveals robot lineup and new products at Automate
- Navan signs travel and expense deal with Viessmann Generations Group
Create E-mail Alert Related Categories
Corporate News, InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share