Northrop Grumman (NOC) just highlighted its new FORTITUDE gallium nitride chip, a grain of rice sized component that consolidates electromagnetic processing for satellites, radar, GPS and future 6G systems. Despite the FORTITUDE announcement and other recent product updates, such as the upgraded Gryphon radar for the Raid Hunter air defense system, Northrop Grumman's momentum has been soft. The share price is down 6.8% over 30 days and 10.9% over 90 days, contributing to a 1-year total shareholder return decline of 21.6%, but a positive 31.9% total shareholder return over five years.
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