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Wes Bush Discusses Northrop’s Financial Status

Wes Bush Discusses Northrop's Financial Status - top government contractors - best government contracting event
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Northrop Grumman  (NYSE:NOC) reported that second quarter 2010 earnings posted an increase, signaling continued prosperity for the firm.

“Overall, we’re pleased with our second quarter results,” CEO Wes Bush said. “Our focus on performance improvement is generating positive results across all our businesses. Aerospace, Electronics, Information Systems and Technical Services each generated solid operating income growth. Shipbuilding, before the consolidation-related adjustment, demonstrated that they are on a solid path of performance improvement. The increase in our 2010 EPS guidance reflects the strength of this quarter’s results. Looking ahead, we foresee a more challenging environment, and we are proactively managing our businesses to create value for shareholders while supporting our customers’ focus on affordability.”

Read about the specifics at GovCon Wire.

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