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Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year. ... Bloomberg News reported. ... and RTX Corp ...
Northrop Grumman Corporation is an American multinational aerospace and defense company. With 97,000 employees [3] and an annual revenue in excess of $40 billion, it is one of the world's largest weapons manufacturers and military technology providers.
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 ...
Truist Securities analyst Michael Ciarmoli reiterated a Buy rating on the shares of Northrop Grumman Corp (NYSE:NOC) with a price forecast of $545. The company reported fourth-quarter sales that ...
Northrop Grumman matched GD with a similar bid, and following a Department of Justice anti-trust lawsuit to block GD's bid, GD called off their bid. [16] Now as the sole bidder, Northrop Grumman purchased the company for $2.6 billion and renamed it "Northrop Grumman Newport News". [17]
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
Predecessors of Huntington Ingalls Industries The former Huntington Ingalls Industries logo. When it spun off as a new company on 31 March 2011, Huntington Ingalls Industries comprised Northrop Grumman’s shipbuilding businesses in Newport News, Virginia, Pascagoula, Mississippi, and Avondale, Louisiana; Avondale was closed in 2014.
Northrop Grumman (NYSE:NOC) is in a bit of a transition at the moment as the aerospace and defense technology company’s CEO will be stepping down from his role as boss. The company announced on ...