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Northrop Grumman Corporation is an American multinational aerospace and defense company. With 95,000 employees [3] and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers.
A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 375 on the Fortune 500, was formed on 31 March 2011, as a divestiture from Northrop Grumman. [5] [6]
That sounds good, until you realize that at a $73.9 billion market capitalization, it means Northrop Grumman stock currently costs nearly 30 times this year's free cash flow -- which seems quite a ...
The Federal Trade Commission (FTC) approved the acquisition with conditions on June 5, 2018, and on June 6, 2018, Orbital ATK was renamed Northrop Grumman Innovation Systems. [ 7 ] [ 8 ] With Northrop Grumman's reorganization of its divisions effective January 1, 2020, Northrop Grumman Innovation Systems was split, with most of the sector ...
By the mid-2000s, roughly 5% of the Russell 1000 members split their stock each year, and after the great financial crisis from 2008-2009, stock splits practically ceased.
However, Leidos is the legal successor of the original SAIC and retains SAIC's pre-2013 stock price and corporate filing history. [24] Before the split, Leidos employed 39,600 employees and reported $11.17 billion in revenue and $525 million net income for its fiscal year ended January 31, 2013, [25] making it number 240 [26] on the Fortune 500 ...
First, splits make company stock more affordable to everyday investors by reducing the price of an individual share. Second, splits increase the number of shares on the market.