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Northrop Grumman Profit Rises on Tech Sales

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Published: Tuesday, 24 Jul 2007 | 8:09 AM ET
By: Reuters

Northrop Grumman said Tuesday second-quarter profit rose, as the defense contractor raised sales of its information technology systems and services.

Northrop Grumman , the No. 3 Pentagon supplier reported quarterly profit of $460 million, or $1.31 per share, compared with $430 million, or $1.23 per share, in the year-ago quarter.

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Northrop Grumman said Tuesday second-quarter profit rose, as the defense contractor raised sales of its information technology systems and services.
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