csbj.com
Northrop Grumman 4Q profit falls, lowers outlook
Defense contractor Northrop Grumman says its fourth-quarter profit fell 9 percent because of one-time costs and lower revenue at three of its biggest segments. It also lowered its outlook for the year. The Los Angeles company earned $376 million, or $1.27 per share, compared with $413 million, or $1.31 per share, in the same quarter …