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NEW YORK ( TheStreet) -- Northrop Grumman (NYSE: NOC) hit a new 52-week high Monday as it is currently trading at $88.30, above its previous 52-week high of $88.12 with 285,874 shares traded as of 11 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Northrop Grumman has a market cap of $20.64 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 29.8% year to date as of the close of trading on Friday. Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide.