Northrop Grumman profit rises

Thu Jan 24, 2008 8:06am EST
 
[-] Text [+]

NEW YORK, Jan 24 (Reuters) - Defense contractor Northrop Grumman Corp (NOC.N) said on Thursday fourth-quarter profit rose slightly, helped by strong sales at its information technology, electronics and shipbuilding units.

The No. 3 Pentagon supplier, behind Lockheed Martin Corp (LMT.N) and Boeing Co (BA.N), reported quarterly net profit of $454 million, or $1.31 per share, compared with $453 million, or $1.28 per share, in the year-ago quarter. (Reporting by Bill Rigby, editing by Dave Zimmerman)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better