Northrop Grumman Corporation

NOC

US6668071029

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-04-29 pm EDT			5-day change	1st Jan Change
486.2 ^USD	+1.20%		+3.24%	+3.86%

Apr. 29	Wells Fargo Adjusts Northrop Grumman's Price Target to $518 From $483, Keeps Equalweight Rating	MT
Apr. 29	Jefferies Raises Northrop Grumman Price Target to $530 From $490	MT

Mitsubishi Electric Signs Teaming Agreement with Northrop Grumman

January 17, 2024 at 09:26 am EST

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has entered into a Teaming Agreement with Northrop Grumman Corporation (NYSE: NOC) for the purpose of potentially developing networking defense equipment related to integrated air defense systems.

Under the Agreement, Mitsubishi Electric and Northrop Grumman will explore possibilities in integrating respective proprietary technologies to enhance the efficiency of networking technologies with an overall objective of developing a networking system to connect integrated air defense systems in future.

With its highly advanced technologies, Mitsubishi Electric looks forward to continue contributing to Japan's national security by providing state of the art air defense systems to its customers and enhancing efficiencies in interoperability.

Contact:

Tel: (+81) 3-3218-2111

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	THE KODENSHA CO., LTD.	1,272 JPY	+1.19%	+1.84%	70.7M
	NORTHROP GRUMMAN CORPORATION	486.2 USD	+1.20%	+3.24%	71.1B

Latest news about Northrop Grumman Corporation

Wells Fargo Adjusts Northrop Grumman's Price Target to $518 From $483, Keeps Equalweight Rating	Apr. 29	MT
Jefferies Raises Northrop Grumman Price Target to $530 From $490	Apr. 29	MT
News Highlights : Top Company News of the Day - Monday at 5 AM ET	Apr. 29	DJ
News Highlights : Top Company News of the Day - Monday at 3 AM ET	Apr. 29	DJ
News Highlights : Top Company News of the Day - Monday at 1 AM ET	Apr. 29	DJ
News Highlights : Top Company News of the Day - Sunday at 11 PM ET	Apr. 28	DJ
News Highlights : Top Company News of the Day - Sunday at 9 PM ET	Apr. 28	DJ
US Homeland Security names AI safety, security advisory board	Apr. 26	RE
US announces purchase of $6 bln in weapons for Ukraine	Apr. 26	RE
Northrop Grumman's Q1 Results Highlight Favorable Margins, International Growth Prospects, RBC Says	Apr. 26	MT
Deutsche Bank Adjusts Northrop Grumman's Price Target to $474 From $430	Apr. 26	MT
UBS Raises Northrop Grumman's Price Target to $580 From $574, Maintains Buy Rating	Apr. 26	MT
Wolfe Adjusts Price Target on Northrop Grumman to $420 From $410	Apr. 26	MT
Goldman Sachs Adjusts Price Target on Northrop Grumman to $396 From $405	Apr. 26	MT
RBC Capital Adjusts Price Target on Northrop Grumman to $475 From $450	Apr. 26	MT
Citigroup Adjusts Price Target on Northrop Grumman to $507 From $482	Apr. 26	MT
JPMorgan Raises Price Target on Northrop Grumman to $450 From $425	Apr. 26	MT
Susquehanna Adjusts Price Target on Northrop Grumman to $560 From $540	Apr. 26	MT
Baird Adjusts Northrop Grumman Price Target to $505 From $475, Maintains Neutral Rating	Apr. 25	MT
Vertical Research Raises Price Target on Northrop Grumman to $493 From $462, Maintains Hold Rating	Apr. 25	MT
Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco...	Apr. 25
The specter of stagflation rears its ugly head again	Apr. 25
Transcript : Northrop Grumman Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Northrop Grumman's Q1 Earnings, Sales Rise; 2024 Outlook Reaffirmed	Apr. 25	MT
Northrop Grumman 1Q Sales Top Estimates on Strong Defense Demand	Apr. 25	DJ

Chart Northrop Grumman Corporation

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Company Profile

Northrop Grumman Corporation is one of the American leaders of the design, manufacturing and marketing of defense systems and equipments. Net sales break down by family of products as follows: - space systems (35.5%); - mission systems (27.7%): radar, sensors, air traffic control systems, communications, surveillance, etc. The group also offers information and command systems; - aeronautics systems (27.5%): autonomous and manned aircraft systems, space vehicles, surveillance and reconnaissance systems, command and control systems, etc.; - defense systems (14.9%): weapons, combat management systems, missile systems, etc. Net sales break down geographically as follows: the United States (87.5%), Europe (6.2%), Asia/Pacific (4%) and other (2.3%).

Sector

Aerospace & Defense

Calendar

2024-05-15 - Annual General Meeting

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S&P 500

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Ratings for Northrop Grumman Corporation

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ESG Refinitiv

A-

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Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

486.2 USD

Average target price

498.5 USD

Spread / Average Target

+2.53%

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Other Aerospace & Defense

Northrop Grumman Corporation

Equities

NOC

US6668071029

Aerospace & Defense

Mitsubishi Electric Signs Teaming Agreement with Northrop Grumman

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