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0 2.94993952623703E-05 0.000737484881559928 0.000737484881559928 0.000781733974453483 0.000280244254992853 -0.00292044013097734 0.000176996371574389
Stock impact report

Northrop Grumman Corporation (NOC) Builds Momentum With Strategic Contracts and Global Defense Partnerships [Yahoo! Finance]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Yahoo! Finance
Grumman secured a $233 million contract for the manufacture and delivery of a new advanced lightweight torpedo. The contract to the US Navy also features a custom-designed warhead for increased lethality. Michael Fitzsimmons/Shutterstock.com The company is to handle the integration and initial proof of manufacturing at the Plymouth, Minnesota, facility and at the Allegany Ballistic Laboratory in West Virginia. The advanced weapon was developed as part of a strategic agreement with the Australian Defense Force and the US Navy. “Northrop Grumman is leveraging over 80 years of innovative torpedo technology, combined with our capacity and speed in delivery, to accelerate the design qualification and manufacturing for the advanced lightweight torpedo,” said Dave Fine, vice president of armament systems at Northrop Grumman. The $233 million contract comes on the heels of UBS analyst Gavin Parsons raising the stock's price target to $777 from $770 while reiterating a Buy rating. Citi Show less Read more
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