NOC - Seizing The Moment: Why I Just Bought Even More Northrop Grumman
2024-01-27 08:41:03 ET
Summary
- Northrop Grumman reported a 7% revenue increase in the fourth quarter, exceeding initial guidance.
- All business segments demonstrated a strong book-to-bill ratio, indicating sustained and widespread customer interest.
- Despite challenges in segment margins, the company remains strategically positioned for long-term growth with a focus on shareholder value.
Introduction
It's time to talk about one of my largest investments - which just got a bit larger, at least on a total share basis.
That investment is in the Northrop Grumman Corporation ( NOC ) , one of America's largest defense contractors....
Seizing The Moment: Why I Just Bought Even More Northrop Grumman