NYSE:NOCAerospace & Defense
Northrop Grumman (NOC) Signs $3 Billion Munitions Deals To Lift Missile Defense Output
Northrop Grumman (NYSE:NOC) has signed multi year framework agreements exceeding $3 billion to accelerate production of critical munitions technologies.
The agreements aim to significantly increase output of solid rocket motors and components for systems such as THAAD and PAC-3 MSE.
The deals respond to rising global demand for integrated air and missile defense capabilities from the U.S. and allied partners.
Northrop Grumman now sits in the spotlight for investors watching defense...