Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
REDONDO BEACH, Calif., July 18, 2016 -- NASA's Jet Propulsion Laboratory (JPL) has awarded a contract to Northrop Grumman Corporation (NYSE:NOC) for one of several Next Mars Orbiter (NeMO) conceptual study efforts to develop concepts for a potential future orbiter.
In the four-month study, the Northrop Grumman team is thoroughly evaluating a range of potential solutions using a variety of the company's production and heritage spacecraft platforms and designs. The study's focus is NeMO mission objectives and requirements, including advanced communications and imaging, and robotic science exploration.
"NASA's Journey to Mars mission is a very exciting focus for anyone who has ever looked up at the stars," said Bob Mehltretter, vice president, military and civil space systems, Northrop Grumman Aerospace Systems. "Drawing on our history of successful manned and unmanned space programs, as well as our advanced communications technologies, we are excited to be working with JPL on the best design for a future Mars orbiter."
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
CONTACT: AnnaMaria White
424-327-0391
[email protected]
