UK's Goodwin hits record high on strategic pact with Northrop Grumman

Goodwin

24/09/2025 12:56

** Shares of mechanical engineering company Goodwin GDWN.L as much as 21.97% at 13600p, hitting a record high

** Stock among the top gainers on London markets

** Goodwin said its unit Goodwin Steel Castings has entered a strategic collaboration with Northrop Grumman International Trading

** Partnership formalised via Memorandum of Understanding involving 4 key defence programmes, with initial $16 mln order & potential future orders worth over $200 mln

** Goodwin Steel Castings will serve as exclusive supplier for critical programme component under agreement

** Including session's gains, stock up ~65.88% YTD

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))