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Northrop increases profit by 60% in second quarter

Rome, Italy - It is now acquiringTrw

U.S. defense industry No 3, Northrop Grumman, posted a 60% increase in profit at the end of the second quarter. With the acquisition of Newport News Shipbuilding and Litton Industries, Northrop has become a leading industry in ship manufacturing. Northrop is now settling the purchase of Trw, a military communication company, for an amount of USD 11.8bn. (004)

AVIONEWS - World Aeronautical Press Agency - 31436

AVIONEWS - World Aeronautical Press Agency
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