More on Northrop Grumman (NOC) Q1: Net profit -4.6% to $506M, although profit from continuing ops rises 2%, also to $506M, boosted by higher sales and margins at NOC's Electronics unit. Raises 2012 EPS guidance to $6.70-$6.95 from $6.40-$6.70 prior and vs. consensus of 6.57. Affirms revenues at $24.7B-$25.4B vs. $25.1B consensus.
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