Northrop Grumman Corporation (NYSE:NOC) and the Australian Defence Science and Technology Organisation (DSTO) have signed a strategic alliance to conduct collaborative research in a range of advanced defence technologies. Northrop Grumman Corporation (NYSE:NOC) shares after opening at $120.49 moved to $122.59 on last trade day and at the end of the day closed at $121.81. Company price to sales ratio in past twelve months was calculated as 1.07 and price to cash ratio as5.13. Northrop Grumman Corporation (NYSE:NOC) showed a negative weekly performance of -0.06%.
Textron Inc. (NYSE:TXT) will build helicopters for the Marine Corps, while Northrop runs drones for the Army. Textron Inc. (NYSE:TXT) shares advanced 1.99% in last trading session and ended the day on $38.53. TXT return on equity ratio is recorded as 13.70% and its return on assets is 4.00%. Textron Inc. (NYSE:TXT) yearly performance is 30.97%.
Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, announced that Jose Ruiz, Jr. joined the company as vice president and chief information officer (CIO). Gencorp Inc (NYSE:GY) shares moved up 1.42% in last trading session and was closed at $18.60 while trading in range of $18.36 – $18.79 – Gencorp Inc (NYSE:GY) year to date (YTD) performance is 3.22%
Micronet Enertec Technologies, Inc. (NASDAQ:MICT) issued a press release announcing its financial results for the quarter and year ended December 31, 2013 and other financial information. Micronet Enertec Technologies Inc (NASDAQ:MICT) weekly performance is -5.91%. On last trading day company shares ended up $4.78. Micronet Enertec Technologies Inc (NASDAQ:MICT) distance from 50-day simple moving average (SMA50) is -8.68%. Analysts mean target price for the company is $5.70.
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