The Latest Breaking News from Northrop Grumman Corporation

Defense spending has increased due to increased geopolitical tensions with Russia and China. As the government continues to ramp up its defense budget, the U.S. defense industry should experience a rise in demand. Given the growing demand for defense components, adding quality stocks Raytheon Technologies (RTX), Lockheed Martin (LMT), and…

Despite supply chain disruptions brought on by the pandemic, the defense industry is expected to recover and witness significant growth in 2023, driven by new, advanced technologies, improved business models, and favorable government investments amid growing geopolitical tensions. Since Boeing (BA) is still struggling with supply chain issues and incurring…

Northrop Grumman Corporation (NYSE: NOC) CEO Kathy Warden gave both good and bad news: the aerospace company anticipates increased demand for its weapons systems, but supply chain issues may hinder efforts to increase output, 

Northrop Grumman Corporation's (NYSE:NOC) short percent of float has fallen 24.58% since its last report. The company recently reported that it has 1.39 million shares sold short, which is 0.89% of all regular shares that are available for trading.

Northrop Grumman Corporation's (NYSE:NOC) short percent of float has risen 7.27% since its last report. The company recently reported that it has 1.84 million shares sold short, which is 1.18% of all regular shares that are available for trading.

The Russia-Ukraine crisis has boosted the prospects of the defense industry, helping it outperform the broader market. The increase in geopolitical tension has pushed many nations to enhance their defense budget, which should drive the defense industry’s growth. Fundamentally strong defense companies Raytheon (RTX), Northrop Grumman (NOC), and General Dynamics…

Northrop Grumman Corporation's (NYSE:NOC) short percent of float has risen 25.0% since its last report. The company recently reported that it has 1.71 million shares sold short, which is 1.1% of all regular shares that are available for trading.