Defense contractor Northrop Grumman today reported first-quarter sales of $10.1 billion, a 4.7% decrease from the previous quarter but an 8.6% jump from Q1 2023. WHY IT MATTERS: Falls Church, Va.-based Northrop Grumman’s (NYSE: NOC) Space Systems business segment generated $3.66 billion in Q1 sales, up 2.8% quarter over quarter and up 9% year over year. […]