Monday, October 31, 2011

Northrop Grumman (NYSE:NOC) Gets Japan Deal

Northrop Grumman (NYSE:NOC) has received a new contract from Japan. Northrop
Grumman (NYSE:NOC) Gets Japan Deal Under this new deal, the Undersea Systems
business unit of Northrop Grumman (NYSE:NOC) will supply the AQS-24A airborne
mine-hunting system to the Japan Maritime Self-Defense Force. Tom Jones, vice
president of Northrop Grumman (NYSE:NOC)s Undersea Systems business unit said,
"The combination of our proven high performance, low cost and ease of
integration in the MCH-101 airframe makes the AQS-24A the ideal choice for
Japans helicopter-based mine-hunting needs." Northrop Grumman (NYSE:NOC)
shares were at 57.92 at the end of the last days trading. Theres been a -4.3%
movement in the stock price over the past 3 months. Northrop Grumman (NYSE:NOC)
Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.79 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 2.81 Zacks Rank: 2 out of 7 in the industry

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