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Northrop Grumman Corporation (NYSE: NOC) reported a 23 percent increase in third-quarter 2018 sales to $8.1 billion. Third-quarter 2018 net earnings increased 78 percent to $1.1 billion, or $6.54 per diluted share, compared with $643 million, or $3.67 per diluted share, in the prior-year period.
“Our third-quarter results demonstrated solid growth and strong performance from our operations, including the first full quarter of [2018 acquisition] Innovation Systems, as we continue to position the company for long-term profitable growth,” said Wes Bush, chairman and CEO.