Why Northrop Grumman Stock Is Up Today
Northrop Grumman (NOC 8.93%) posted better-than-expected quarterly results and raised full-year guidance. Investors were pleased, sending Northrop shares up 8% as of 1 p.m. ET. Strong sequential growthNorthrop Grumman is an aviation and space-focused defense contractor with roles on key programs that are Pentagon priorities. The company earned 10.4 billion, topping Wall Street's 10 billion consensus estimate.The beat included a $1 ...