NOC Northrop Grumman Corp.

Moody's assigns P-2 short-term rating to Northrop Grumman's new commercial paper program

Moody's Investors Service ("Moody's") assigned a P-2 short term rating to Northrop Grumman Corporation. Moody's expects the company to soon initiate a commercial paper program, which will be authorized for issuance up to $750 million at any given time. The Baa2 senior unsecured rating assign...
16/05/2018
5 pages
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    76,000 structured finance obligations



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Underlying

Industrial Goods & Services - United States

Northrop Grumman is a global security company. The company has three segments: Aerospace Systems, which designs, develops, integrates and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics and other systems/subsystems; Mission Systems, which provides in advanced mission solutions and multifunction systems for Department of Defense, intelligence community, international, federal civil and commercial customers; and Technology Services, which provides logistics solutions supporting the life cycle of platforms and systems for global defense and federal-civil customers.

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