Northrop Grumman Corp. reported Thursday it posted a fourth-quarter net earnings of $413 million, and 2009 net earnings of $1.7 billion. Last year the company reported a fourth quarter net loss of $2.5 billion and net loss for the year of $1.3 billion. (Source: Northrop Grumman, 02/04/10)
Gulf Coast note: Los Angeles-based Northrop Grumman has multiple operations in the Gulf Coast region, including shipyards in Pascagoula and Gulfport, Miss., and New Orleans.