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Northrop Grumman posts 3Q dip but lifts outlook
WASHINGTON (AP) — Northrop Grumman Corp. said Wednesday earnings for the third quarter were hurt by higher pension costs, but solid revenue and a tax break pushed results well past analyst estimates. The maker of military aircraft and defense electronics also lifted its profit outlook for the year.
Northrop now predicts 2009 earnings per share between $5 and $5.15 — surpassing Wall Street's...
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