The Latest Breaking News from NOC

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.49% on an annualized basis producing an average annual return of 10.6%. Currently, Northrop Grumman has a market capitalization of $70.35 billion.

Comments by leading IOC official made in 2008 interview about payments were permitted under Olympic rules at the time

Libya's parliament-appointed prime minister, Fathi Bashagha, asked the National Oil Corporation (NOC) to submit its proposals on mechanisms necessary to preserve and maintain funds generated from oil revenues. Bashagha sent an urgent message to NOC Chairman Mustafa Sanalla, stressing the need to resume oil production and export as soon as…

Northrop Grumman Corp (NYSE:NOC) reported a first-quarter FY22 sales decline of 4% year-over-year to $8.79 billion, -2% on an organic basis, missing the consensus of $8.88 billion. Sales by segments: Aeronautics Systems $2.7 billion (-10% Y/Y), Defense Systems $1.28 billion (-18% Y/Y), Mission Systems $2.49 billion (-4% Y/Y), and Space Systems $2.86…

The US called Wednesday on Libyan leaders to immediately end the continued closure of oil sites and ports, stressing that such practices cost the country additional millions and risk an environmental disaster. In an unusual tone, the US embassy in Tripoli issued a statement expressing Washington’s “deep concern” over “the…

A shutdown of Libya’s main oil fields shows the political differences that still hamper the country.

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.58% on an annualized basis producing an average annual return of 10.98%. Currently, Northrop Grumman has a market capitalization of $72.60 billion.

The continuing digitization of several industries and normalization of remote lifestyles have in recent months driven heightened demand for communications services and high-speed and uninterrupted data connectivity Therefore, prominent telecom stocks AT&T (T) and Lumen Technologies (LUMN) should benefit. But which of these stocks is a better buy now? Read…

Directive withdrawn after protests

Northrop Grumman Corp (NYSE:NOC) and AT&T Inc (NYSE:T) have agreed to collaborate to research and develop a digital battle network powered by AT&T 5G and Northrop Grumman's advanced mission systems, to support the U.S. Department of Defense (DoD). The collaboration plans to deliver a cost-effective, scalable, open-architecture solution that will help the DoD connect distributed…

Northrop Grumman (NYSE:NOC) has outperformed the market over the past 15 years by 4.66% on an annualized basis producing an average annual return of 12.6%. Currently, Northrop Grumman has a market capitalization of $69.96 billion.