Northrop Grumman reports flat earnings for quarter

Although Northrop Grumman's sales for the fourth quarter of 2003 increased to $7.1 billion from $4.8 billion, the net income of $224 million was the same for both reporting periods, the company said Feb. 4. Sales for 2003 were $26.2 billion, up 52 percent from $17.2 billion in 2002. Sales growth in...

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