NOC (Northrop Grumman) good play right now?

Discussion in 'Stocks' started by Kastro_316, Apr 24, 2018.

  1. What does everyone think of NOC right now? They are bidding on huge contracts with the increase in spending, and the new defence projects.

    I know they sold Litton to SIMC Simclar inc (they bought a few lately), and unloaded a few other companies recently to make room for something....?

    Does anyone know if they are in the running for the new radar systems... Recently, they secured that deal for 209million for "large aircraft infrared countermeasures".

    Any thoughts on their possible earnings and future prospects? I am liking defence stocks/options right now.

    Cheers