Lates News

American major defense contractor Northrop Grumman Corporation reported first quarter sales of $9.9 billion, exceeding market expectations of $9.7 billion; first quarter earnings per share were $6.14. Northrop Grumman expects sales for the fiscal year to be between $43.5 billion and $44 billion, previously estimated at $43.91 billion; adjusted earnings per share for the fiscal year are expected to be between $27.40 and $27.90, previously expected to be $27.97.