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0.00142676393786839 0.000592241634586832 -0.00139984386356901 -0.00207284572105414 0.000457641263089929 0.00347268958462316 0.00508789404258752 0.00772606132392927
Stock impact report

Why Northrop Grumman (NOC) Stock Is Up Today [Yahoo! Finance]

Raytheon Technologies Corporation (RTX) 
Company Research Source: Yahoo! Finance
The stock's move was part of a whipsaw reaction in the defense sector. Shares had fallen sharply in the previous session after Trump threatened to block dividends and stock buybacks for defense contractors. However, he later proposed boosting the country's military spending by more than 50% to $1.5 trillion, causing investors to rush back into the sector. Adding to the positive news, Northrop Grumman also secured a $94.3 million contract from the U.S. Navy to develop a new solid rocket motor for its extended-range missile programs. The company also received an award from the U.S. Marine Corps for a tactical aircraft program. After the initial pop the shares cooled down to $595.72, up 3.2% from previous close. Is now the time to buy Northrop Grumman? Access our full analysis report here, it's free Northrop Grumman's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news mea Show less Read more
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