Northrop Grumman and 4iG Collaborate on Hungary's First Communication Satellite
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy NOC?
Source: seekingalpha
- Satellite Project Launch: Northrop Grumman and 4iG Space and Defence Technologies announced on Tuesday the commencement of Hungary's first domestically controlled geosynchronous communication satellite, marking a significant step towards greater national control over critical communications infrastructure.
- Platform Selection: The satellite will be based on Northrop Grumman's GEOStar-3 platform, which has supported over 50 missions globally and is widely used for military and commercial communications systems, offering a standardized architecture designed for geosynchronous orbit operations.
- Cooperation Agreement Deepening: This project builds on a previously signed memorandum of understanding between the two companies, aiming to combine Northrop Grumman's manufacturing capabilities with 4iG's regional role to meet Hungary's security and communications needs.
- Regional Secure Connectivity: The satellite is intended to support secure data transmission across Central and Eastern Europe, reflecting the growing demand among governments for independent and resilient communications systems, reducing reliance on third-party infrastructure while enabling expanded commercial services.
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Analyst Views on NOC
Wall Street analysts forecast NOC stock price to fall
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 687.470
Low
630.00
Averages
684.08
High
770.00
Current: 687.470
Low
630.00
Averages
684.08
High
770.00
About NOC
Northrop Grumman Corporation is a global aerospace and defense technology company. Its segments include Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Aeronautics Systems is engaged in the design, development, production, integration, sustainment and modernization of military aircraft systems for the United States Air Force, the United States Navy, other United States government agencies, and international customers. Defense Systems is engaged in the design, engineering, development, integration, and manufacturing of deterrent systems, advanced tactical weapons, and missile defense solutions. Mission Systems is a provider of mission solutions and multifunction systems. Its products and services include command, control, communications and computers, and reconnaissance (C4ISR) systems. Space Systems delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, and launch systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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