Defense SpendingAnalysts maintain a Buy rating for Northrop Grumman, expecting the company to benefit from increases in US and Global defense spending.
International GrowthInternational growth is expected to grow significantly with high demand for missiles, command and control systems, and airborne ISR.
Portfolio RealignmentAnnounced portfolio pruning and strategic realignment actions suggest management is intent on re-orienting the business around missile and missile defense capabilities, which have particular appeal in international markets.