Northrop Grumman Corp. (NYSE: NOC) is selling an office campus near the McLean Metro station, billing it as a potential multifamily conversion opportunity in the Tysons submarket. In 2021 Peraton Inc., a national security contracting and tech company, acquired Northrop Grumman’s federal IT and mission support services business, which is located there in part.
It's safe to go bargain-hunting again. Just make sure the bargain is a stock you actually want to own for the long haul.
Northrop (NOC) announces to buy back $500 million of the common stock under the ASR program.