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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Gain on sale of business

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Northrop Grumman

Northrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.

Earnings data Q1 2021

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Northrop Grumman reports robust Q4 performance and eyes international growth

Northrop Grumman's Q4 2022 earnings call highlighted strong performance, notable achievements, and optimistic growth expectations for 2023. Despite challenges like inflationary pressures and upfront investments impacting free cash flow, the company remains focused on delivering value to shareholders and capitalizing on international opportunities for growth.

Northrop Grumman reports strong Q1 earnings, eyes international growth

Northrop Grumman's Q1 performance showed sales growth and strong earnings, with a positive outlook for the future.
The company's focus on investments in weapons portfolio capacity, hypersonic technology, and space exploration positions it for continued success.
Challenges in the defense sector are being addressed through competitive strategies and a shift towards fixed price contracts.
Opportunities in international markets, missile defense capabilities, and strategic partnerships offer avenues for future growth and expansion.

Northrop Grumman excels in Q2, eyes margin expansion in 2024

Northrop Grumman's Q2 performance reflects strong sales growth and operational efficiency enhancements, underpinned by a proactive approach to challenges and a focus on margin expansion.
The company's strategic capital deployment and growth opportunities in the Space segment position it well for sustained success and shareholder value creation.
Anticipated margin expansion in 2024, alongside disciplined cost management and market tailwinds, bode well for Northrop Grumman's future growth trajectory.

Northrop Grumman reports robust Q3 results, eyes international growth opportunities

Northrop Grumman's Q3 performance reflects financial strength and operational excellence, driven by robust sales growth, profitability, and cash flow generation. While facing challenges in meeting increased demand and navigating tax implications, the company is well-positioned to capitalize on international growth opportunities and maintain its competitive edge in the defense sector.

Northrop Grumman exceeds revenue expectations, addresses B-21 program challenges

Northrop Grumman delivered strong financial performance in 2023, surpassing revenue guidance and demonstrating operational resilience. While facing challenges in the B-21 program, the company remains focused on driving growth, improving margins, and enhancing shareholder value through strategic investments and disciplined decision-making.

Northrop Grumman reports robust Q1 performance and eyes global growth

Northrop Grumman's Q1 performance showcased strong sales growth, margin improvement, and operational efficiency.
The company's focus on global demand, investments in technology, and capital deployment strategy position it for continued success.
Challenges include program timing issues and supply chain concerns, but opportunities in defense technologies and international markets offer growth potential.
Overall, Northrop Grumman's strategic initiatives and financial performance in Q1 2024 indicate a positive outlook for the year.

Northrop Grumman excels in Q2 2024, eyes international growth

Northrop Grumman's Q2 2024 performance reflects robust financial metrics, strategic portfolio alignment with defense priorities, and a focus on sustainable growth. Despite potential challenges in international markets and evolving defense landscapes, the company's strong operational performance and investment strategies signal resilience and growth potential.

Northrop Grumman's Q3 performance reflects operational strength, profitability, and strategic positioning for future growth.
The company's focus on margin expansion, program execution, and international sales growth underscores its commitment to sustained success.
While challenges persist in a competitive landscape, Northrop Grumman remains optimistic about capitalizing on opportunities for growth and performance.

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The defense giants tallied larger single-day gains than they did immediately after Russia's invasion of Ukraine last year.

Lockheed Martin, Northrop Grumman Stocks Notch Best Days In Years Amid Israel-Hamas Conflict

HUNTSVILLE, Ala., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation's (NYSE: NOC) Integrated Battle Command System (IBCS) defended the National Capital Region against simulated cruise missile and compromised aircraft in a series of recent demonstrations, an evolution of technical capabilities for the system.

Northrop Grumman's Integrated Battle Command System Tested In Homeland Defense Scenarios

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Israel-Hamas Conflict Jolts Defense Stocks

Northrop (NOC) is set to supply ancillary hardware and provisioned item spares to support the full rate production of SEWIP Block 3 Hemisphere systems.

Northrop (NOC) Secures Contract to Support SEWIP Block 3

Northrop Grumman (NOC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Northrop Grumman (NOC) is Poised to Beat Earnings Estimates Again

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Solid air traffic view and improved defense bill appropriations should bode well for aerospace-defense stocks amid strengthening inflation rate. You may buy NOC, GD and TXT.

3 Aerospace-Defense Stocks to Buy Amid Improved Defense Bill

Northrop (NOC) is set to conduct the production and delivery of long lead parts for five E-2D Advanced Hawkeye aircraft.

Northrop (NOC) Wins $150M Contract to Aid E-2D Hawkeye Jets

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American military support for Ukraine as it fends off Russia has given a lift to the struggling industrial side of the U.S. economy.

Military aid to Ukraine gives a shot in the arm to the U.S. economy

FALLS CHURCH, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its third quarter 2023 financial results will be posted on its investor relations website on Oct. 26, 2023. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website at http://investor.northropgrumman.com.

Northrop Grumman Announces Webcast, Conference Call of Third Quarter 2023 Financial Results

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Cost estimates for NASA's SLS moon rocket have quadrupled over just the past several years. Crunching the numbers, the GAO is all but ready to conclude that NASA cannot afford to keep building SLS rockets.

NASA to Taxpayers: The Boeing/Lockheed Space Launch System Is "Unaffordable"

FALLS CHURCH, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announces that its board of directors has elected Robert Fleming corporate vice president and president, Space Systems sector, effective October 9, 2023. Fleming will succeed Tom Wilson, who has chosen to take a new role in the company for personal reasons.

Northrop Grumman Elects Robert Fleming Corporate Vice President and President, Space Systems

China has decided to apply sanctions against aerospace and defence firm Northrop Grumman Corp and peer Lockheed Martin Corp for providing weapons to Taiwan, the Chinese foreign ministry said on Friday.

China sanctions Northrop Grumman, Lockheed Martin over arms sales to Taiwan

Northrop Grumman (NOC) is set to provide the technological upgrades to E-2D Advanced Hawkeye aircraft.

Northrop Grumman (NOC) Wins Deal to Aid E-2D Advanced Hawkeye

Northrop Grumman Corp. (NYSE:NOC ) Morgan Stanley's 11th Annual Laguna Conference September 13, 2023 11:10 AM ET Company Participants Kathy Warden - Chairman & Chief Executive Officer Dave Keffer - Corporate Vice President and Chief Financial Officer Conference Call Participants Kristine Liwag - Head of Aerospace and Defense Research here at Morgan Stanley Kristine Liwag Hi, good morning everyone. I'm Kristine Liwag, Head of Aerospace and Defense Research here at Morgan Stanley.

Northrop Grumman Corp (NOC) 2023 Morgan Stanley's 11th Annual Laguna Conference (Transcript)

Northrop Grumman Corp. NOC, -0.22% said late Tuesday that it started engine runs as part of the testing of its B-21 Raider “stealth” bomber. The program's ground testing continues to “progress,” the defense giant said.

Northrop Grumman: Air Force B-21 stealth bomber starts engine tests

The B-21 Raider continues to progress in ground testing with the commencement of engine runs at Northrop Grumman's facilities in Palmdale, Calif. (Photo Credit: Northrop Grumman)

Northrop Grumman's B-21 Raider Continues Progression to Flight Test

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There are 20 stocks on my dividend growth watchlist for September 2023. About half of the stock on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by about 1% during the month of August and more than 9% year to date.

Dividend Growth Stock Watchlist - September 2023

Northrop Grumman is a prominent defense company with a rich history in space exploration and a growing market in the era of commercial space exploration. As an ESG investor, the investment recommendations are strictly based on the financial performance and the potential in the space industry. I personally refrain from investing in the company. The company operates in four main sectors, with its Space Systems sector accounting for 31.7% of total revenue in 2022.

Viewing From Space - Space Systems Shaping Northrop Grumman's Future

Northrop (NOC) secures a $46.7 million modification deal to provide engineering and sustainment support for Littoral Combat Ships.

Northrop (NOC) Wins $46.7 Deal to Support Littoral Combat Ships

Northrop Grumman is a highly advanced defense contractor with a focus on next-gen areas like hypersonics and space. NOC has tremendous growth potential in space and related industries, with its Space Systems segment generating over $12 billion in revenues. The company is well-positioned in the fast-growing space industry, with a high-tech portfolio and a strong domestic customer base.

Northrop Grumman: My Favorite High-Tech Investment

Northrop (NOC) is set to offer non-recurring engineering support for the replacement of obsolete parts within the position tracking system for the E-2D Advanced Hawkeye.

News for Northrop Grumman Stock (NOC)