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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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Earnings data Q1 2022

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Earnings data Q1 2023

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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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FALLS CHURCH, Va., June 14, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today the expiration and final results of its offer to exchange (the “Registered Exchange Offer”) any and all of the $421,664,000 aggregate principal amount of its outstanding unsecured notes previously issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), as set forth in the table below (the “Restricted Notes”), for an equal principal amount of new notes registered under the Securities Act (the “Exchange Notes”).

Northrop Grumman Corporation Announces Expiration and Final Results of Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchange Offer

Northrop Grumman Corp's (NOC) business unit, Northrop Grumman Systems Corp. wins a contract worth $40.7 million for the Triton MQ-4C unmanned aircraft system.

Northrop (NOC) Arm Wins $40.7M Deal for Triton MQ-4C Aircraft

An alliance with Aerojet Rocketdyne is the most logical solution.

Northrop Grumman Needs a Plan B for Space

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Start Time: 10:00 January 1, 0000 10:47 AM ET Northrop Grumman Corporation (NYSE:NOC ) Bernstein 38th Annual Strategic Decisions Conference June 02, 2022, 10:00 AM ET Company Participants Kathy Warden - Chairman, CEO and President Dave Keffer - Corporate VP and CFO Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. I think we can get started here.

Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Bernstein 38th Annual Strategic Decisions Conference (Transcript)

Northrop (NOC) is going to provide product supportability analyses for operational level maintenance, task analysis and provisioning data involving MQ-4C Triton jets

Northrop (NOC) Wins a Deal to Support MQ-4C Triton Aircraft

FALLS CHURCH, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Jefferies Virtual ESG Summit on Tuesday, June 14. Mike Witt, vice president and chief sustainability officer, and Todd Ernst, corporate vice president and treasurer, vice president of investor relations, will present beginning at 10:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in the Jefferies Virtual ESG Summit

Northrop Grumman's (NOC) business unit, Northrop Grumman Systems Corp., wins a $254.4-million deal for the production of Surface Electronic Warfare Improvement Program Block 3 Hemisphere systems.

Northrop (NOC) Arm Wins $254.4M Deal for SEWIP Production

General Dynamics

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Despite rising market volatility, defense stocks have been displaying their financial strength by consistently hiking dividends, backed by an increased defense budget.

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A closer look at Northrop Grumman's quarterly performance reveals which segment was the real outperformer.

What Northrop Grummans (NOC) Estimates Say About Its Recent Performance

American Tower, Chubb, and Northrop Grumman were among the U.S. companies this week that announced plans to boost their dividends.

Northrop Grumman and 5 More Companies That Raised Their Dividends

Northrop Grumman's (NOC) business unit, Northrop Grumman Systems Corp., wins a $31.2-million deal for the delivery of the large aircraft infrared countermeasures infrared missile warning sensor.

Northrop (NOC) Arm Wins Deal for Infrared Missile Sensor

AeroVironment

"If the defense contractors can hold up this well during the worst tape in years, I bet they can soar when the market gets a little less hostile," Cramer said.

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2 Dominant Defense Stocks to Buy in 2022 and Beyond

Northrop Grumman (NOC) announces a 10% hike in its quarterly common stock dividend to $1.73 per share, representing an annualized payout of $6.92 per share.

Northrop Grumman (NOC) Announces 10% Hike in Dividend Payout

ManTech

The lowdown on some of the top options for investors seeking exposure to the defense industry.

6 Top Defense ETFs to Watch

Northrop Grumman board raises quarterly dividend by 10%

FALLS CHURCH, Va., May 17, 2022 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable June 15, 2022, to shareholders of record as of the close of business May 31, 2022.

Northrop Grumman Increases Quarterly Dividend 10 Percent to $1.73

Huntington Ingalls Industries

Defense stocks are poised to benefit from increased spending by governments as geopolitical tensions mount. The post 3 Defense Stocks to Buy as Geopolitical Tensions Continue appeared first on InvestorPlace.

3 Defense Stocks to Buy as Geopolitical Tensions Continue

Chubb

Leggett & Platt

Lennox International

Packaging Corp of America

After years of a low interest rate environment, which now is trending higher, many investors have turned to equities, not only for the growth potential but also for the solid and dependable dividends that help to provide an income stream.

5 ‘Strong Buy' Blue Chips Expected to Raise Their Dividends This Week

FALLS CHURCH, Va., May 16, 2022 (GLOBE NEWSWIRE) --  Northrop Grumman Corporation (NYSE: NOC) will participate in Bernstein's 38th Annual Strategic Decisions Conference on Thursday, June 2. Kathy Warden, chair, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 10:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in Bernstein's 38th Annual Strategic Decisions Conference

FALLS CHURCH, Va., May 12, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today that it has commenced its offer to eligible holders to exchange (the “Registered Exchange Offer”) any and all of the $421,664,000 aggregate principal amount of its outstanding unsecured notes previously issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), as set forth in the table below (the “Restricted Notes”), for an equal principal amount of new notes registered under the Securities Act (the “Exchange Notes”).

Northrop Grumman Corporation Commences Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchange Offer

Northrop Grumman Corp (NYSE: NOC) reported a first-quarter FY22 sales decline of 4% year-over-year to $8.79 billion, -2% on an organic basis, missing the consensus of $8.88 billion. Sales by segments: Aeronautics Systems $2.7 billion (-10% Y/Y), Defense Systems $1.28 billion (-18% Y/Y),.

Northrop Grumman's Q1 Bottom-Line Beats Street View; Reaffirms FY22 Guidance

Northrop Grumman Corporation (NYSE:NOC ) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET Company Participants Todd Ernst – Treasurer and Vice President, Investor Relations Kathy Warden – Chairman, Chief Executive Officer and President Dave Keffer – Chief Financial Officer Conference Call Participants Doug Harned – Bernstein Robert Stallard – Vertical Research Sheila Kahyaoglu – Jefferies Peter Arment – Baird Ron Epstein – Bank of America David Strauss – Barclays Seth Seifman – JPMorgan Kristine Liwag – Morgan Stanley Cai von Rumohr – Cowen Myles Walton – UBS Robert Spingarn – Melius Research George Shapiro – Shapiro Research Richard Safran – Seaport Research Operator Good day, ladies and gentlemen, and welcome to Northrop Grumman's First Quarter 2022 Conference Call. Today's call is being recorded.

Northrop Grumman's (NOC) CEO Kathy Warden on Q1 2022 Results - Earnings Call Transcript

Northrop Grumman (NOC) reports Q1 sales of $8.80 billion, which miss the Zacks Consensus Estimate by 0.9% and also decrease 4% from the year-ago quarter

News for Northrop Grumman Stock (NOC)