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Operating profit at the defense company declined as well. Indeed, it was cut roughly in half, down 46% at $573 million for ...
Northrop CEO Kathy Warden previously warned investors that the B-21 could lose money at first, before later turning a profit.
Get to know Northrop Grumman's new vice president of advanced weapons, Chuck Johnson, his 26-year public sector career and ...
Big defense contractors reported a mixed set of first-quarter earnings ahead of the potential impact of Trump administration ...
It’s officially an end of an era. Or it will be soon. Berkshire Hathaway (NYSE:BRK-B) CEO Warren Buffett has announced that ...
Northrop Grumman's $91.5B backlog (+9% YoY ... Northrop's B-21 Raider stealth bomber (under the company's Aeronautics division) is the key future platform for penetrating Indo-Pacific air defenses.
The B-21 loss contributed to an overall $183 million loss in Northrop Grumman’s aeronautics systems division. That division also recorded $2.8 billion in sales, an 8% decline from the first ...
However, I think Northrop Grumman’s mission systems and space systems divisions (small, but meaningful contributors to the company’s overall top and bottom lines) could buoy this stock in any ...
U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines.