Northrop Grumman profits increase 16%, sales decline 3%
Northrop Grumman Corp.'s second quarter earnings climbed 16% to $100 million despite a 3% drop in sales, the company reported yesterday. Northrop Grumman, which Lockheed Martin plans to acquire, reported sales of $2.09 billion, down slightly from sales of $2.14 billion in the same period a year ago...
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