Northrop Grumman Corporation (NOC) Signs MOU With Taiwan's National Chung-Shan Institute of Science and Technology

Northrop Grumman Corporation (NYSE:NOC) is one of the Undervalued Aerospace Stocks to Buy Now. On September 18, Northrop Grumman Corporation (NYSE:NOC) announced signing a Memorandum of Understanding (MoU) with Taiwan’s National Chung-Shan Institute of Science and Technology (NCSIST).

The agreement aims to explore cooperation on modernizing air and missile defense systems for Taiwan’s Ministry of National Defense. NCSIST is a leading research center for national defense technology. It works on developing, manufacturing, and selling defense solutions to boost Taiwan’s self-reliant defense capabilities. The research center with Northrop Grumman Corporation (NYSE:NOC)’s expertise aims to enhance Taiwan’s defense readiness, with a goal to better equip Taiwan to face evolving aerospace and missile threats.

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company. It designs and builds military aircraft, missile defense systems, and space technologies.

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Disclosure: None. This article is originally published at Insider Monkey.