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Industry & Trends | Space

Northrop’s Space Revenues Projected To Drop Amidst Overall Rise

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Northrop Grumman's recent investor guidance forecasts a dip below $3 billion for its Space Technology subsidiary, and possibly as low as $2.5 billion, after two years of strong growth. Space Technology, a unit that was created after Northrop Grumman acquired the space and defense assets of TRW Inc. in December 2002, reported revenue of $3.3 billion in 2004....

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