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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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In this article, I start by explaining why Northrop Grumman was made one of my largest positions, as it brings both growth and safety to one's portfolio. Northrop Grumman benefits from improved defense spending and its ability to deliver next-gen defense capabilities.

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FALLS CHURCH, Va., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and 2022 financial results will be posted on its investor relations website on Jan. 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 Fourth Quarter and 2022 Financial Results

Northrop (NOC) is set to supply various spare components that are likely to be used in the configuration of the E-2D Advanced Hawkeye aircraft.

Northrop (NOC) Wins Deal to Support E-2D Advanced Hawkeye Jets

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The U.S. House of Representatives last week passed its version of the National Defense Authorization Act (NDAA), calling for a fiscal year 2023 defense budget of $858 billion, a year-over-year increase of 8% and $45 billion more than President Biden's spending request.

Morgan Stanley Changes Ratings, Targets on Lockheed, L3Harris, Northrop

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Northrop (NOC) is going to procure spare Wet Outer Wing Panels for the configuration of the E-2D Advanced Hawkeye aircraft.

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

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HUNTSVILLE, Ala. , Dec. 7, 2022 /PRNewswire/ -- Dynetics, a wholly-owned subsidiary of Leidos, today announced it has submitted a bid on the Human Landing System (HLS) Sustaining Lunar Development (SLD) contract for NASA's Artemis Mission.

Leidos Dynetics Team and Northrop Grumman to Collaborate on NASA Human Landing System Bid

PALMDALE, Calif., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) and the U.S. Air Force unveiled the B-21 Raider to the world today. The B-21 joins the nuclear triad as a visible and flexible deterrent designed for the U.S. Air Force to meet its most complex missions.

Northrop Grumman and the US Air Force Introduce the B-21 Raider, the World's First Sixth-Generation Aircraft

The B-21 stealth bomber will be rolling out on Friday, Dec. 2. Not much is known about the program other than it provides critical mission capabilities for the next 50 years.

Northrop Grumman Goes Stealthy

PALMDALE, Calif., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman's B-21 Raider will be unveiled Dec. 2 at the company's site in Palmdale, Calif., marking the first time the world's first sixth-generation aircraft will be seen by the public. When delivered to the Air Force, the B-21 will join the nation's strategic triad as a visible and flexible deterrent; supporting national security objectives and assuring the nation's allies and partners.

10 Facts About Northrop Grumman's B-21 Raider

Northrop (NOC) is set to procure 42 production radars, one initial spare kit and two readiness spare kits for F-16 aircraft.

Northrop (NOC) Wins Deal to Support AESA Radars for F-16 Jets

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FALLS CHURCH, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced it has elected Arvind Krishna to its board of directors. Krishna is the chairman and chief executive officer of IBM.

Arvind Krishna Joins Northrop Grumman Board of Directors

NASA's Space Launch System rocket, with twin Northrop Grumman solid rocket boosters, lifts off for the first Artemis program launch. Photo Credit: NASA

Northrop Grumman Boosts Successful Artemis I Launch with World's Largest and Most Powerful Rocket Boosters

L3Harris Technologies Inc (NYSE: LHX), Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC) all spiked on

Why Defense Stocks Are Trading Higher Tuesday - Lockheed Martin (NYSE:LMT), Northrop Grumman (NYSE:NOC)

Northrop Grumman Corp. (NYSE:NOC ) Baird 2022 Global Industrial Conference November 8, 2022 10:05 AM ET Company Participants Kathy Warden - Chairman, Chief Executive Officer & President David Keffer - Chief Financial Officer Conference Call Participants Peter Arment - Baird Peter Arment Thanks, everyone, for joining us. My name is Peter Arment, Senior Aerospace Defense analyst here at Baird, and we're absolutely delighted to have Northrop Grumman Corporation here with us.

Northrop Grumman Corp. (NOC) Presents at Baird 2022 Global Industrial Conference (Transcript)

HUNTSVILLE, Ala., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman's Integrated Battle Command System (IBCS) completed the final, demanding assessment, during its recent Operational Test and Evaluation (IOT&E). Completion of IOT&E is the last major test event before the U.S. Army makes the decision to move the program from low rate initial production to full rate production, allowing IBCS to be fielded around the world.

News for Northrop Grumman Stock (NOC)