Future of NOC stock

Northrop Grumman Corporation is a leading global security company. It provides different type of security services to its clients all over the world. They deal in command control, cyber security, communications and computers, reconnaissance, surveillance, and logistics and modernization to government and commercial customers. The company majorly operates in four segments: Electronic systems, Aerospace Systems, Technical Services and Information Systems. Company is also part of several high priority defense and governmental services programs in America and abroad. North Grumman has a wide range of portfolio of technologies through which they provide services ranging from undersea to outer space and cyberspace. Grumman conducts most of its business with U.S. government, principally Department of Defense and intelligence community.

Having most of its involvement with defense and government agencies it has stable stream of cash flow through its business. It has several contracts with government and many more are in progress. These further contracts are going to be new stream of income for company and it is expected to have steady earnings in futures form these projects. These contracts will ensure steady earnings growth in future. NOC stock price today has increased 1.29%.  NOC stock is now priced at 123.38