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Northrop Grumman declares sell rising for 2005

Los Angeles, USA - The company boards forecasts double digit earns

Defense contractor Northrop Grumman Corp.'s board approved yesterday a 15% increase of the company's quarterly dividend and continued to back its 2004 financial guidance and provided an initial 2005 forecast, predicted 2005 sales of about USD 30bn, or USD 2bn more than anticipated for 2004. Northrop Grumman also expects earnings from continuing operations next year to rise by double digits, on a percentage...

AVIONEWS - World Aeronautical Press Agency - 63232

AVIONEWS - World Aeronautical Press Agency
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