Northrop reports better-than-expected Q1 profits

Published April 27, 2016 5:30pm ET



Northrop Grumman, co-maker of the F-35 joint strike fighter and winner of the contract for B-21 long-range bomber, on Wednesday reported better-than-expected first quarter 2016 earnings of $556 million, up 15 percent from the first quarter of 2015.

The profit was reported on total sales of $6 billion.

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