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Northrop Grumman (NYSE:NOC) beats out Boeing (NYSE:BA) for a $3.8B contract to maintain and...

Oct. 02, 2009 9:08 AM ETNorthrop Grumman Corporation (NOC) StockBA, NOCBy: Eli Hoffmann, SA News Editor1 Comment
Northrop Grumman (NYSE:NOC) beats out Boeing (NYSE:BA) for a $3.8B contract to maintain and service the U.S. Air Force's fleet of KC-10 refueling tankers. Analysts called the win a "stunning upset," given that Boeing has been servicing the KC-10 since its introduction.

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