Northrop Grumman reports 1Q2010 financial highlights

Northrop Grumman Corporation (NYSE:NOC) reported that first quarter 2010 earnings from continuing operations increased to $462 million, or $1.51 per diluted share, from $366 million, or $1.10 per diluted share, in the first quarter of 2009. First quarter 2010 sales increased 8.5 percent to $8.6 billion from $7.9 billion. The first quarter of 2010 included more working days than the first quarter of 2009.