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Richard Safran of Buckingham Research asks for an update on Technology Services. $NOC said TS has a significant mix of different contracts across its portfolio. In the global logistics and modernization part of the portfolio, the company is seeing good program performance. $NOC plans to invest in places where it sees differentiated capabilities.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.