Northrop Grumman Corp.

Northrop Grumman Corp. last week reported a huge drop in 1998 net income, to $214 million, or $3.07 a share, compared with $407 million, or $5.98 a share, in the previous year. Chairman, President and CEO Kent Kresa cited pretax, program-related charges of $125 million in the fourth quarter and...

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