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Northrop Grumman reports Q1 profits and sales drop, revises 2025 earnings forecast downward.
Northrop Grumman reported a decline in first-quarter earnings and sales, with profits down to $3.32 per share from $6.32 a year ago, and sales falling 7% to $9.47 billion, missing analyst projections.
The company cut its 2025 earnings forecast due to issues in its space program and B-21 bomber manufacturing changes.
Despite the drop, Northrop Grumman maintained its full-year revenue guidance of $42.25 billion.
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Northrop Grumman informa que las ganancias y ventas del primer trimestre han caído, revisando a la baja las previsiones de ganancias para 2025.