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Dec 10, 2018

Northrop Grumman Announces Change in Pension Accounting

FALLS CHURCH, Va. – Dec. 10, 2018 – Northrop Grumman Corporation (NYSE: NOC) is changing its method of accounting for pension and other post-retirement benefits (OPEB) to a more preferable method under U.S. GAAP. Beginning with Dec. 31, 2018 results, the company will adopt the mark-to-market (MTM) method of accounting.
Categories: Investor Relations
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