Jefferies Raises Price Target on Northrop Grumman (NOC) to $250 Following 2Q

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Northrop Grumman Releases Second Quarter 2016 Financial Results

July 27, 2016 6:22 AM EDT

FALLS CHURCH, Va., July 27, 2016 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2016 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at... More

Autonomous Global Hawk Unmanned Aircraft System Surpasses 200,000 Flight Hours

July 26, 2016 11:00 AM EDT

SAN DIEGO, July 26, 2016 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation's (NYSE: NOC) autonomous Global Hawk unmanned aircraft system (UAS) surpassed 200,000 flight hours, reinforcing its status as the most effective high altitude, long endurance intelligence gathering aircraft in the world. The U.S. Air Force's Global Hawks logged 88 percent of the 200,000 flight hours with the remaining hours flown by NASA Global Hawks, Germany's Full Scale Demonstrator and the Navy's broad area maritime surveillance aircraft systems.

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