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The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
It's been more than a decade since Northrop Grumman (NOC -0.39%) first began building MQ-4C Triton unmanned aerial vehicles for the U.S. Navy, intended to form the backbone of the Navy's Broad Area Maritime Surveillance (BAMS) Demonstrator Unmanned Aircraft System program.
The U.S. Navy is expected to announce this week who will build its next-generation carrier-based stealth fighter - a program worth hundreds of billions over its lifetime and a key part of plans to confront China, people familiar with the decision said.
President Donald Trump awarded Boeing Co (NYSE:BA) a contract to build the U.S. Air Force's latest fighter jet, named F-47.
Boeing's win of the US Air Force NGAD contract is significant, marking its first clean-sheet fighter jet design, estimated to be worth more than $300 billion. The NGAD program includes two distinct fighter jets for the US Air Force and Navy, avoiding past complexities seen with the F-35's commonality approach. Northrop Grumman, with its historical expertise and current success in digital engineering, is well positioned to win the F/A-XX contract, revitalizing its fighter jet capabilities.
The U.S. Army has been using NOC's PGKs for a decade to upgrade conventional 155mm artillery to a near-precision level of accuracy.
A market correction can be unsettling for investors, but it also presents opportunities to buy high-quality stocks at a discount.
FALLS CHURCH, Va., March 20, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2025 financial results will be posted on its investor relations website on Tuesday, April 22, 2025. Prior to the market opening, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website at http://investor.northropgrumman.com.
Some investors downplay the link between politics and investing, and sometimes Capitol Hill events have little impact. But if it were all irrelevant, why would so many members of Congress trade stocks based on the information they receive?
NOC is set to manufacture and deliver two MQ-4C Triton unmanned air systems to the U.S. Navy and supply spare parts to the Australian government.