LA Biz Observed
 
Bio • Email • Archive
 

 

Shares of the L.A.-based aerospace company are down a little this morning - no doubt influenced by a less-than-glowing Corporate Focus in today's WSJ. Since March 2003, Northrop stock has generated total shareholder returns of 67.8 percent. Compare that with Raytheon's 80 percent, Lockheed's 80.1 percent and General Dynamics's 164 percent. The basic gripe against Northrop is that its diversification efforts haven't quite matched those of Lockheed. Northrop is teaming up with the parent company of European-based Airbus to compete with Boeing for a big Air Force contract. There's also more domestic security work being pursued.

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
2:25 PM Fri | Martin Gomez, the head librarian for Los Angeles since 2009, will become vice dean in the USC Libraries on April 2.