Tuesday, April 24, 2007

Northrop Grumman profit rises

(Reuters) - The No. 3 U.S. defense contractor, which makes warships, nuclear submarines, unmanned surveillance planes and a range of military electronics, reported quarterly profit of $387 million, or $1.10 per share, compared with $358 million, or $1.02 per share, in the year-ago quarter.

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Read more at Reuters.com Market News

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