NOC
$724.03
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally.
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Recent News
Swarmer Stock Surges 520% in Trading Debut. It’s One of the Most Spectacularly Mispriced IPOs.
Swarmer, a drone-autonomy software company whose technology has been used in Ukraine, begins trading after a small IPO aimed at funding growth in autonomous warfare technology. The stock ticker is SWMR.
GE's Defense & Propulsion Unit Gains Momentum: Can It Sustain?
GE Aerospace's Defense & Propulsion unit gains momentum with major contracts and rising orders, supporting a steady growth outlook.
Why Defense-Contractor Stocks Aren’t Rallying
War should result in higher military spending, but things aren’t so simple for the biggest weapons makers.
AeroVironment Has Lasers to Shoot Down Iran’s Drones. Stock Rises After Showcase.
Shares of the drone technology company might get a boost on Monday from a CBS 60 Minutes story that aired on Sunday.
What Iran Means for Oil and Defense Stocks. These Could Be the Next Opportunities.
The latest example of that truism is recent trading in shares of energy, defense, and chemical companies. Since fighting broke out in Iran on Feb. 28, the is down 6%, despite the U.S. military spending almost $1 billion a day, pounding Iran with advanced missiles that will need to be replaced. Shares of Northrop Grumman for example, were up 57%, leaving the stock trading for about 26 times earnings estimated for the coming 12 months, up from 17 times a year ago.