Northrop Grumman Corporation (NYSE:NOC) will look for M&A. David Keffer Executive Vice President and Chief Financial Officer answered to a question during the Cowen Aerospace and Defense Conference, "As we look at M&A, certainly, we will continue to be thoughtful about any companies or businesses -- portions of businesses that can be additive to our portfolio. We look very hard at our offerings and how they address the areas of the market that we see as fastest-growing and kind of the best fit for Northrop Grumman going forward. And to the degree that there are any gaps there, we'll look to augment them through M&A. The fact that we've bought back some shares and retired some debt early is not an indication that we're out of the M&A market by any stretch".