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Undervalued And Underestimated: Why Northrop Grumman Is A Buy (NYSE:NOC)

Undervalued And Underestimated: Why Northrop Grumman Is A Buy (NYSE:NOC)
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Missile Defense Agency takes $500M cut to $10 4B in FY25

The MDA request includes $105 million for the Long Range Discrimination Radar (LRDR), slightly more than the $103.5 requested in FY24. LRDR, deemed a critical capability by US Northern Command (NORTHCOM)/NORAD leaders, will transfer to the Space Force to begin operations in FY25.

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