The nation's third-largest military contractor beats analysts' estimates with earnings of $497 million, or $1.67 a share. However, the news comes as defense contractors are bracing for a slowdown in Pentagon spending.The nation's third-largest military contractor, Northrop Grumman Corp. said third-quarter earnings rose about 1.4%.
Comment on Northrop Grumman profit rises 1.4% in third quarter
L.A. Times - Business, Los Angeles Times: Business
Wed, 10/27/2010 - 7:28am
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