Shares of major U.S. defense contractors tanked Tuesday, with Northrop Grumman (NOC) and RTX (RTX) ranking among the S&P 500’s steepest decliners after earnings reports flagged cost overruns, shrinking margins, and rising tariff exposure — even as revenue remained strong.
Read more...
Read More Details
Finally We wish PressBee provided you with enough information of ( Tariff threat hits hard: RTX warns of $850 million impact, defense stocks sink )
Also on site :
- Saudi Arabia’s Crude Oil Exports Jumped by 500,000 Bpd in February
- Chobani Plans to Invest Over $1 Billion in New N.Y. Factory
- Investors Worry Trump’s Tariffs Could Cause a ‘World of Hurt’ for Startups