Northrop Grumman raises guidance after recording strong results in Q2 army-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from army-technology.com Daily Mail and Mail on Sunday newspapers.
Northrop Grumman reports increase in first-quarter sales 30 Apr 2021 (Last Updated April 30th, 2021 15:19)
US-based aerospace and defence technology company Northrop Grumman has reported a 6% increase in sales in the first quarter of the year.
Share Article
Northrop Grumman reported first-quarter sales of $9.2bn. Credit: Northrop Grumman.
US-based aerospace and defence technology company Northrop Grumman has reported a 6% increase in sales in the first quarter of the year.
The figure increased from $8.6bn to $9.2bn on a year-on-year basis.
The increase was attributed to the increase in sales at the Space Systems, Mission Systems and Aeronautics Systems segments, but the Defence Systems segment recorded a 17% drop in sales, primarily due to the impact of the company’s IT services divestiture.
Deepwave Digital Raises $3M in Series Seed Funding to Accelerate Growth in the 5G, Defense, and Aerospace Markets
News provided by
Share this article
Share this article
PHILADELPHIA, Dec. 15, 2020 /PRNewswire/ Deepwave Digital announced today the closing of their $3M series seed investment round led by Northrop Grumman and Jumpstart NJ Angel Network. Deepwave Digital provides enterprise-level sensor solutions for a wide range of radio frequency (RF) and wireless system companies. Their software-defined technology merges traditional processes with the latest advances in artificial intelligence (AI) and deep learning to solve the most challenging problems in telecommunications, spectrum management, defense, and aerospace.