|Day's Range||193.26 - 193.26|
|52 Week Range||193.26 - 20,096.00|
|PE Ratio (TTM)||23.81|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While the B-21 bomber program is highly secretive and details of Northrop Grumman Corp.'s (NOC) current progress on the program is in the dark, it already seems to be earnings plaudits on Capitol Hill. At a House Armed Services Subcommittee on Seapower and Projection Forces hearing Thursday, Rep. Robert Wittman, R-Virginia, the subcommittee chairman, said he was "particularly pleased with the progress the Air Force has made on the B-21 Raider program,” before heaping praise on the Fall Church defense firm. "While it remains early in the design process, I believe that Northrop Grumman has made the B-21 program a priority and is delivering to the anticipated cost and schedule of the program,” Wittman said.
Airbus and Boeing leave this week's Paris Airshow with plans for ambitious growth in aviation services, as flattening demand for new jets and pressure to raise profit margins encourages planemakers to deepen their exposure to airline operations. The two largest planemakers set out their stalls at the world's biggest air show in a series of announcements that could set them in competition with some of their suppliers and even some of the airlines that have ordered jets in recent years. It is the (airline) CFO's dream to get costs out and management risks under a third party," Stan Deal, head of Boeing's newly created global services division, told Reuters.
The Dow experienced a turbulent week, even as the broader market was guided by the fortunes of tech stocks.