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Northrop Grumman Corp

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  • WASHINGTON, April 23- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected quarterly profit and raised its earnings forecast, despite a drop in sales and continued concerns about cuts in U.S. military spending.

  • WASHINGTON, April 23- U.S. arms makers complain regularly that lower Pentagon spending on ships, jets and other hardware will hit their earnings, but a string of better-than-expected results this week show that layoffs and cost-cutting have kept profits flowing, and growing.

  • Treasurys hold gains after strong 5-year auction Wednesday, 23 Apr 2014 | 3:02 PM ET

    The Treasury Department auctioned $35 billion in five-year notes at a high yield of 1.732 percent, the rate highest since May 2011.

  • The Dow Jones index that tracks the 10 biggest aerospace and defense companies rose 1.75 percent, driven by gains in shares of Lockheed Martin Corp, General Dynamics Corp, and Northrop Grumman Corp, which all reported higher profit and earnings per share this week.

  • Midday movers: Facebook, Gilead Sciences & More Wednesday, 23 Apr 2014 | 12:20 PM ET
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  • UPDATE 1-Northrop beats on earnings, lifts 2014 outlook Wednesday, 23 Apr 2014 | 8:46 AM ET

    WASHINGTON, April 23- Northrop Grumman Corp on Wednesday reported a higher-than-expected quarterly profit despite a drop in sales, and the U.S. weapons maker raised its earnings forecast.

  • Northrop beats on earnings, lifts 2014 outlook Wednesday, 23 Apr 2014 | 7:36 AM ET

    WASHINGTON, April 23- Northrop Grumman Corp on Wednesday reported a higher-than-expected quarterly profit despite a drop in sales, and the U.S. weapons maker raised its earnings forecast.

  • Futures dip after key earnings reports Wednesday, 23 Apr 2014 | 6:56 AM ET

    US stock index futures seesawed as investors awaited another wave of major earnings, including Dow-listed Boeing and Procter & Gamble.

  • Here's what will drive stocks this week Sunday, 20 Apr 2014 | 4:46 PM ET

    About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, U.S. and British officials said Wednesday.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • WASHINGTON, April 15- The Pentagon on Tuesday detailed $48.3 billion in cuts to major weapons programs like Lockheed Martin Corp's F-35 fighter jet that would kick in from fiscal 2016 to 2019 if Congress does not reverse automatic budget cuts that are to resume in 2016..

  • WASHINGTON, April 10- The chairman of the U.S. House Armed Services Committee said on Thursday that intelligence, surveillance and reconnaissance capabilities would be top priorities as the panel puts together this year's massive defense policy bill.

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