Northrop Grumman Corp (NYSE:NOC)

$ 474.8 1.37 (0.29%) Market Cap: 70.27 Bil Enterprise Value: 83.57 Bil PE Ratio: 33.11 PB Ratio: 4.94 GF Score: 78/100

Northrop Grumman Corp at Sanford C Bernstein Strategic Decisions Conference Transcript

May 27, 2020 / 01:00PM GMT

Release Date Price: $342.98 (+5.80%)

Transcript

David F. Keffer

Northrop Grumman Corporation - Corporate VP & CFO

Thanks, Doug, and thanks for having us. Before we begin I'd like to remind everyone regarding forward-looking statements. Today's discussion will include forward-looking statements, those statements include risks and uncertainties, and I would refer you to our SEC filings that detail those risks and uncertainties. Kathy?

Kathy J. Warden

Northrop Grumman Corporation - Chairman, CEO & President

(technical difficulty)

that we're doing, particularly with NASA and the Artemis program, and we even have commercial activity. We noted the MEV, the mission extension vehicle, work that we're doing to extend the life of satellites, which today is predominantly a commercial business that we see Department of Defense application for that technology as well. So space is expected to be our fastest-growing sector. And as you noted, it's about 20% of our revenue today.

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