(CercleFinance.com) – With a record order book of nearly $84 billion at the end of September, Northrop Grumman announces raising its revenue target range to around $39 billion, while maintaining its adjusted EPS target at between $22.45 and $22.85.
‘Based on our results since the beginning of the year and a growing demand for our products, we are raising our sales forecasts,’ explains CEO Kathy Warden, who also shows her confidence for the outlook for the year next.
For the third quarter of 2023, the aeronautics and defense group reveals EPS growth of 5% to $6.18, with turnover up 9% to nearly $9.8 billion, driven in particular by through its space systems activities (+11%).
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