Northrop Grumman Co. (NYSE:NOC) is seeing continuous growth as financial institutions like LPL Financial LLC, Meridian Wealth Management LLC, Icon Wealth Advisors LLC, MAI Capital Management, and others have expanded their stock positions. The company has also delivered a Stand-in Attack Weapon Test Missile to the U.S. Air Force. Meanwhile, its shares have been bought by various entities, including Pathstone Holdings LLC, Intech Investment Management LLC, and Banco Santander S.A.. Despite its stock underperforming at times, the company has received a bullish outlook from Wall Street. NOC recently received a $200M Contract for FMU-139D/B Fuze, showing consistent growth. Advanced AI capabilities addition to its Defense area and successful demonstration of integrated crewed-uncrewed teaming are particularly noteworthy developments. However, some risk has been identified due to its debt. Newly secured collaborations with Genohco on Korea’s Mine Countermeasures Program and a commitment towards Poland’s National Security also reflect positively on the firm's global partnerships. NOC's strong institutional backing is evident with a remarkable 83% ownership.
Northrop Grumman Corp NOC News Analytics from Thu, 25 Jan 2024 08:00:00 GMT to Sat, 23 Nov 2024 15:07:46 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
