Northrop Grumman’s sales rose 9% year-on-year to $9.6 billion in the second quarter while earnings-per-share (EPS) fell to $5.34 from $6.06 a year ago.
L3Harris reported revenue of $4.69 billion in the second quarter, up 13.5% annually, while its earnings per share (EPS) of $2.97 beat analysts’ estimates.
Northrop's move leaves Boeing and Lockheed Martin as the likely surviving bidders for the fighter at the heart of the Next Generation Air Dominance program.
Editors discuss the meaning of exponential smallsat growth, new technologies for flying satellites in formation and U.S. national security space needs.