Northrop Grumman Profit Rises on Tech Sales

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.