Defense contractor Northrop Grumman (NOC) is feeling pretty good right now after having just won a massive contract for the new long range bomber. The company is also in the process of restructuring its organization by cutting its operating groups from 4 to 3, one of which will be called Technology Services. The move led to suspicion that… Read More »
Amidst talk of defense budget cuts and sequesters, Northrop Grumman (NOC) spun off of its naval shipbuilding unit Huntington Ingalls (HII). Despite the doom and gloom setting for the defense industry, the stock has appreciated quite nicely since its March 2011 debut, up close to 90%. The company has recently faced cost overruns while building the newest aircraft… Read More »
It’s the dog days of August and sports fans are in a frenzy. Has Tiger rebounded? Not this year. Exciting pennant races? Nope. What really has fans hopping and going wild is the start of NFL training camps. Really? Meaningless training camps? Yup and that fact is symbolic of the NFL’s power and outright dominance over the US… Read More »