Shares have added nearly 8% since earning, outperforming the market.
Heavy growth is expected in the Middle East in the year to come. Saudi Arabia and the United Arab Emirates have embarked on new initiatives to transform their economies.
The Street declared a target price of $292
2017 Guidance: Northrop Grumman expects revenues of $25 billion and earnings in the range of $11.30–$11.60.
Up 5% YTD. Keep holding NOC