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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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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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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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Vanguard Dividend Appreciation ETF

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.

Northrop (NOC) Wins Contract to Aid E-2D Advanced Hawkeye Jet

Northrop Grumman (NOC) is set to provide for the installation of MQ-4C Triton ground segments mobile operating base (MOB).

Northrop Grumman (NOC) Secures Contract to Aid MQ-4C Triton

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Last year, global military expenditure increased by 3.7% in real terms to touch new highs of $2.24 trillion. It's noteworthy that military spending in Europe witnessed the steepest year-on-year increase in the last 30 years.

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Although the market ended last Friday on a positive note, that might not be enough to dismiss the concept of defensive stocks to buy. Yes, CNBC reported that with the Dow Jones closing more than 100 points to kick off September, the index notched its best week since July.

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Orbital debris is posing an increasing danger to rockets and satellites in Earth's orbit. The European Space Agency and NASA are researching how this space trash might be cleaned up.

Cleaning Up Space Trash: A Billion-Dollar Opportunity?

With 58 launches year to date, SpaceX is America's biggest rocket launcher by a mile. But when it comes to building satellites for the military, SpaceX rivals Northrop Grumman and Lockheed Martin are at the head of the class.

SpaceX Dominates Space Launch, But Northrop and Lockheed Still Have a Future in Space

Northrop (NOC) is set to offer maintenance support equipment for the E-2D Hawkeye aircraft system.

Northrop (NOC) Wins Contract to Support E-2D Hawkeye Aircraft

Northrop (NOC) is set to provide retrofit of two MQ-4C Triton unmanned aircraft systems and one main operating base to an Integrated Functional Capability Four, multiple-intelligence configuration.

Northrop (NOC) Wins $83M Contract to Support MQ-4C Triton UAS

FALLS CHURCH, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the 11th Annual Morgan Stanley Laguna Conference on Wednesday, Sept. 13. Kathy Warden, chair, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 11:10 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in the 11th Annual Morgan Stanley Laguna Conference

Northrop's (NOC) business unit, Aeronautics Systems, secures a $29.1 million deal to support E-2D Advanced Hawkeye aircraft production.

Northrop (NOC) Wins Deal to Support Hawkeye Jet Production

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The National Association for Business Economics (NABE) latest survey reveals that nearly seven in 10 economists have confidence in the Federal Reverse's ability to achieve a soft landing for the United States economy. There has been optimism among economists that the U.S. economy will recover in the foreseeable future.

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Pentagon just awarded contracts worth $1.5 billion to Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC). Shares of both companies are in the green at writing.

Lockheed and Northrop win $1.5 billion worth of Pentagon contracts

The Pentagon's Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman.

Pentagon space arm awards $1.5 billion contract to Lockheed Martin and Northrop Grumman for communications satellites

WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has been selected by the Space Development Agency (SDA) to design and build 36 data transport satellites, the first space vehicles in the latest generation of its low-Earth orbit Proliferated Warfighter Space Architecture (PWSA). The team will now update the company's Tranche 1 design to add new broadcast and tactical communications capabilities to PWSA.

Northrop Grumman Selected to Build Tranche 2 Transport Layer-Beta Data Transport Satellites

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Firefly Aerospace is entering the space tug market with three new offerings: Elytra Dawn, Elytra Dusk, and Elytra Dark. There's just one problem: Northrop Grumman and Rocket Lab already have space tugs in orbit.

The Space Tug Market Is Heating Up, and This Company Could Give Rocket Lab and Northrop Grumman a Run for Their Money

Northrop Grumman gets a buy rating today, agreeing with the consensus from analysts and Wall Street. Positives: capital strength, dividend yield vs. sector, valuation vs. sector, share price vs the 200-day average. Headwinds: earnings growth YoY needs improvement.

Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor

Northrop (NOC) is set to provide design agent engineering of SEWIP Block 3 systems.

Northrop (NOC) Wins Contract to Aid SEWIP Block 3 Systems

The U.S. Air Force will invest $235 million to help a startup manufacturer build a jet with a blended-wing body that officials say could provide greater range and efficiency for military tankers and cargo planes and perhaps eventually be used to carry airline passengers.

Air Force awards $235 million to JetZero to build prototype of sleek new plane

(2023-08-10) Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a sub-contract for production of AN/ASQ-242 Integrated Communications, Navigation, and Identification (CNI) modules for the F-35 Lightning II-program. Deliveries will secure a backlog into 2025 and have a total value of more than USD 13 million.

News for Northrop Grumman Stock (NOC)