Northrop Grumman Q3 Profit Rises to $1.124 Billion; Revenue Up 6.7%

Northrop Grumman Corp. (NOC) reported higher third-quarter earnings, with net income of $1.124 billion, or $7.89 per share, compared with $1.100 billion, or $7.67 per share, a year earlier. Revenue for the period rose 6.7% to $11.122 billion from $10.423 billion last year, the company said. The defense contractor guided full-year revenue to a range of $43.750 billion to $44.250 billion.