Northrop Goes Down Under to Get Bigger

Last week, Northrop Grumman announced it has awarded contracts worth $7.4 million to three new global supply chain partner companies in Australia. Electro Optic Systems in Mt. Stromlo and CEA Technologies and Insitec in Fyshwick, respectively, do work in aerospace hardware, space exploration, and software design, but that's hardly the only reason Northrop is giving them money.

What's Northrop really gettingup to Down Under? Listen in as Fool contributor Rich Smith lays out the angles.

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The article Northrop Goes Down Under to Get Bigger originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin, Northrop Grumman, and Raytheon. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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