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Discussion 1

Discus why the market might value Northrop Grumman Corporation (NOC) differently than Lockheed Martin. (LMT) on a price to earnings (PE) basis.

http://finance.yahoo.com/q?s=NOC
http://finance.yahoo.com/q?s=LMT

Discussion 2

Find the last 10-K filing for for Northrop Grumman Corporation (NOC) and read "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS."

Discus what surprised you or what you found most interesting as an investor.

http://sec.gov/edgar/searchedgar/webusers.htm

You can also go to the investor's section of the company's web page.

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