BUZZ-UK's Goodwin hits record high on strategic pact with Northrop Grumman** 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))
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