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home / news releases / NOC - Axon Enterprise Inc.: Expansion Against Lower Sales Hindering Robust Earnings

NOC - Axon Enterprise Inc.: Expansion Against Lower Sales Hindering Robust Earnings

Northrop Grumman Corporation
  • Axon announced the continuation of its global expansion spree by opening its London office for research and development (R&D).
  • As of 2016, approximately 15,328 (representing 47%) law enforcement agencies in the US had acquired body-worn cameras.
  • Forecasts indicate that the body-worn camera market is slated to reach $424.63 billion as of 2026.
  • Axon's R&D expenses are high at $181.7 million against a negative operating income of $115 million.

For further details see:

Axon Enterprise, Inc.: Expansion Against Lower Sales Hindering Robust Earnings
Stock Information
Company Name: Northrop Grumman Corporation
Stock Symbol: NOC
Market: NYSE
Website: northropgrumman.com
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