1133421--2/20/2008--NORTHROP_GRUMMAN_CORP_/DE/

related topics
{regulation, change, law}
{cost, contract, operation}
{tax, income, asset}
{operation, natural, condition}
Contract Cost Growth on Fixed-Price and Other Contracts That Cannot Be Justified as an Increase In Contract Value Due From Customers Exposes The Company to Reduced Profitability and the Potential Loss of Future Business. The Company Uses Estimates When Accounting for Contracts. Changes In Estimates Could Affect The Company s Profitability and Its Overall Financial Position. The Company s Operations Are Subject to Numerous Domestic and International Laws, Regulations and Restrictions, and Noncompliance With These Laws, Regulations and Restrictions Could Expose the Company to Fines, Penalties, Suspension or Debarment, Which Could Have a Material Adverse Effect on the Company s Profitability and Its Overall Financial Position. The Company s Business Is Subject to Disruption Caused By Issues With Its Suppliers, Subcontractors, Workforce, Natural Disasters and Other Factors That Could Adversely Affect the Company s Profitability and Its Overall Financial Position. Changes In Future Business Conditions Could Cause Business Investments and/or Recorded Goodwill to Become Impaired, Resulting In Substantial Losses and Write-Downs That Would Reduce the Company s Operating Income.

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