Northrop Grumman Corporation (NOC) has begun production of the
first E-2D advanced Hawkeye for France and started a
$3B share buyback program, boosting total authorization to $4.2B. Stock selling by Retirement Systems of Alabama and Barclays PLC has been counterbalanced by share purchases by Franklin Resources Inc., Geode Capital Management LLC, and MML Investors Services LLC. The company also yielded decent
returns with 9.6% for one year and 8.9% CAGR over five years, satisfying institutional owners and shareholders. NOC has been rated as an
undervalued aerospace stock and a
top defense stock by many experts, promising potential for investors. In regards to contracts, NOC secured a
$801M contract for U.S. Air Force Training, a significant
$200M contract for FMU-139D/B Fuze and was chosen by the US Army to
enhance aircraft survivability. Announcing webcasts and conference calls, NOC is being transparent about its
financial results. Collaboration efforts were seen with
Terma and
Lithunia. However, potential risks involving NOC's debt have been noted in the tapes.
Northrop Grumman Corp NOC News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 14 Dec 2024 15:08:05 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
