Northrop Grumman Corporation (NOC) has made several significant achievements in recent times. The defense contractor has been awarded a JCREW/DRAKE Full Rate Production follow-on contract and collaborated with Lithuania for an Allied Defense Industrial Cooperation. They have also completed a Hybrid SATCOM demonstration, effectively establishing a connection to the commercial Space Internet.
Aviso Wealth Management boosted its stake in NOC shares. NOC has also received widespread financial acclaim, releasing robust Q3 2024 financial results and witnessing its shares hit a 52-week high. NOC's increased quarterly dividend by 10 percent, underlining strong returns. Leadership changes and the production of the first Hypersonic Glide Phase Interceptor also highlights NOC's versatility and strategic vision.
Genohco will join forces with them on the Republic of Korea’s Mine Countermeasures Program. Meanwhile, NOC continues to expand its investor base. Institutional investors now own 83% of the shares. Furthermore, the company has completed tests for the first
Digitally Designed Large Solid Rocket Motor. The announcement of a new $2.5 billion share repurchase authorization indicates a strong financial positioning.
Northrop Grumman Corp NOC News Analytics from Wed, 15 Nov 2023 08:00:00 GMT to Sun, 29 Sep 2024 10:47:27 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 4
