Big defense contractor with leading market position. Spinning off low-margin shipbuilding business that has been depressing overall earnings. Through the spin-off, NOC will be able to unload a significant amount of debt on the shipbuilder, and allow… More
NOC like the rest of the defense industry are going to struggle as the government reduces the amount of funding available. The competition for the limited dollars will increase, thus reducing profit margins as companies attempt to gain contracts to… More