Northrop Says Profit Gained 2 Percent, Raises 2012 Forecast

Northrop Says Profit Gained 2 Percent, Raises 2012 Forecast

SeongJoon Cho/Bloomberg

Northrop faces challenges from proposed cuts in the Pentagon’s fiscal 2013 budget that would affect the company’s top-selling programs, including the Global Hawk drone, seen here, and the F-35 Joint Strike Fighter, on which it is a subcontractor to planemaker Lockheed Martin Corp.