Northrop Grumman posted

Northrop Grumman posted record sales for 1996 of $8.1 billion, up from $6.8 billion in 1995. Operating margin for the year was an all-time high - $658 million, up 23% from $536 million. Net income was $234 million versus $252 million the previous year. Results included a non-recurring pre-tax charge...

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