tiprankstipranks
Northrop Grumman provides 2024 segment guidance
The Fly

Northrop Grumman provides 2024 segment guidance

For 2024 sees: Aeronautics Systems sales ~$12B, OM rate ~10%; Defense Systems sales high $8B, OM rate ~10%; Missions Systems sales mid $11B, OM rate high 13%; Space Systems sales mid to high $11B, OM rate mid to high 10%; Eliminations ~($2.7B), OM rate low 13%. Prior view: Aeronautics Systems sales high $11B, OM rate mid to high 9%; Defense Systems sales ~ $9B, OM rate ~10%; Missions Systems sales mid $11B, OM rate low to mid 14%; Space Systems sales mid to high $11B, OM rate low 10%; Eliminations ~($2.7B), OM rate low 13%.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App