Seven years ago, Northrop Grumman (NYSE: NOC) embarked upon a bold experiment. Buying space company Orbital ATK, Northrop would transform itself from an aerospace company (with an emphasis on the ...
Northrop Grumman missed earnings badly this week. Profits got cut in half as the company earned less on its space work and took a big loss in its aeronautics division. Northrop's marquee B-21 stealth ...
Northrop Grumman showed modest sales growth but stronger earnings growth in Q3. The company's new(ish) space division is contributing to earnings growth with powerful profit margins, despite ...
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No Good Deed Goes Unpunished at Northrop Grumman, as Cost Improvements Cut Profits in Half
Northrop Grumman (NYSE: NOC) stock is in a funk. With the company reporting earnings on Tuesday, the stock promptly tanked 12.6%. Rebounding briefly on Wednesday, Northrop then proceeded to resume ...
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