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Northrop Grumman Q1 Profit Up 20%

Maritime Activity Reports, Inc.

May 4, 2010

According to a May 3 report from The Associated Press, Northrop Grumman Corp. said its first-quarter profit increased 20 percent, led by strong growth in shipbuilding. Business improved for nearly every sector in which the company operates, except for a 1% decline in information systems.

(Source: The Associated Press)