REDONDO BEACH, Calif., March 8, 2013 (GLOBE NEWSWIRE) -- Northrop Grumman (NYSE:NOC) today announced that it has appointed Peggy Nelson vice president of engineering and global product development for its Aerospace Systems sector.
There is only an official statement. No press conference, no new projections.
Defense stocks and spending are on the rise.
Changes in economy have shored up weak areas.
Shares of Boeing are headed for their best close of the year as the defense sector appears to be on the verge of a new rally leg.