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4-Traders Homepage  >  Equities  >  Nyse  >  Northrop Grumman Corporation    NOC

Delayed Quote. Delayed  - 08/26 10:02:18 pm
211.93 USD   -0.71%
03:05a NORTHROP GRUMMA : San Diego drone spots rise of Hurricane Gaston
08/25 Northrop Grumman Demonstrates New Maritime Domain Awareness Capab..
08/25 NORTHROP GRUMMA : ex-dividend day
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Northrop Grumman : San Diego drone spots rise of Hurricane Gaston

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08/29/2016 | 03:05am CEST

Aug. 28--NOAA upgraded Gaston from a tropical storm to a hurricane based on real-time data from a Global Hawk drone developed in San Diego by Northrop Grumman. It's the first time that Northrop's best known unmanned aircraft has played such a role.

The National Hurricane Center upgraded Gaston on Thursday, as it was churning away in the Atlantic. The system later reverted to tropical storm status, then mushroomed back into a hurricane over the weekend.

Forecasters say that Hurricane Gaston is currently east of Bermuda, moving northwest. There's a possibility that it will bring heavy rains to North Carolina later this week.

Northrop provided the Global Hawk to NASA for research, and that led to real-time data feeds to NOAA and the National Hurricane Center.

Gary Wick, a NOAA project scientist, said in a statement, "The NASA Global Hawk can fly over a tropical cyclone at 60,000 feet and provide a full three-dimensional picture of storm structure. We are glad that our research mission can provide direct support to forecasters at the National Hurricane Center."

The Global Hawk is primarily used to perform military surveillance, and has been widely used in the Middle East.

___

(c)2016 The San Diego Union-Tribune

Visit The San Diego Union-Tribune at www.sandiegouniontribune.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2016 23 828 M
EBIT 2016 2 934 M
Net income 2016 1 997 M
Debt 2016 4 613 M
Yield 2016 1,62%
P/E ratio 2016 19,36
P/E ratio 2017 18,68
EV / Sales 2016 1,78x
EV / Sales 2017 1,72x
Capitalization 37 845 M
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Northrop Grumman Corporati Technical Analysis Chart | NOC | US6668071029 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 233 $
Spread / Average Target 9,9%
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NameTitle
Wesley G. Bush Chairman, President & Chief Executive Officer
Gloria A. Flach Chief Operating Officer
Kenneth L. Bedingfield Chief Financial Officer & Corporate Vice President
Patrick M. Antkowiak CTO & Corporate Vice President
Donald E. Felsinger Lead Independent Director
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