Northrop Grumman net income zooms 73% in 1st quarter of '05

Net income for Northrop Grumman Corp. surged 73% in the first quarter of 2005 and sales increased 4%, the company said April 28. First quarter 2005 net income grew to $409 million, or $1.11 per share, from $236 million, or 65 cents per share, a year earlier. The 2005 first quarter net income...

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