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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.

Revenue Multiple

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

Earnings data Q2 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's (NOC) unit will be assisting the U.S. government in maintaining the Minuteman III weapon system for more than 18 years.

Northrop's (NOC) Unit Secures $2.32B Deal to Support ICBM

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Defense stocks have some attractive characteristics that can make them solid long-term investments. Valuations in the industry are not very high right now, especially relative to the broad market.

Offense Wins Games, Defense Wins Retirements

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The Yacktman Fund (Trades, Portfolio), part of Austin-based Yacktman Asset Management (Trades, Portfolio), disclosed late last week that its top five trades during the first quarter included a reduction in its Macy's Inc. (NYSE:M) holding and new buys in the following four companies: Canadian Natural Resources Ltd. (NYSE:CNQ), Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B), Northrop Grumman Corp. (NYSE:NOC) and Lockheed Martin Corp. (NYSE:LMT).

Yacktman Fund's Top 5 1st-Quarter Trades

The Yacktman Focused Fund (Trades, Portfolio) recently disclosed its portfolio update for the first quarter of 2021, which ended on March 31.

Top New Picks of the Yacktman Focused Fund

Northrop's (NOC) E-2D Advanced Hawkeye aircraft is the fourth version of the E-2 Hawkeye, used by the U.S. Navy.

Northrop (NOC) Wins Deal to Aid France's E-2D Hawkeye Program

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These space stocks have shown great progress in the advancement of their business objectives of late and ready to blast off this year. The post 3 Hot Space Stocks About to Launch appeared first on InvestorPlace.

3 Hot Space Stocks About to Launch

The Biden administration notified Congress it plans to approve the sale of F-35 stealth fighters and other weapons to the UAE. The post Biden Backs Controversial Trump-Era Foreign Weapons Deal appeared first on Investor's Business Daily.

Biden Backs Controversial Trump-Era Foreign Weapons Deal

Northrop Grumman has broken out higher from its consolidation phase, which dates back to 2018. The breakout is likely to see the company's stock price trend higher, and I'm targeting new all-time highs.

Reading The Naked Charts: Northrop Grumman Trending Higher

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Defense investors have been bracing for the worst heading into this year's budgeting season.

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Northrop Grumman hit a new milestone in extending the life of active spacecraft as a purpose-built spacecraft, MEV-2, docking with Intelsat's IS-10-02 satellite to give it another 5 years of life. It's a strong demonstration of the possibilities in a growing field of orbital servicing operations.

Another milestone for in-space servicing as Northrop Grumman gives aging satellite new life

Intelsat

Successful docking paves the way for future on-orbit and life-extension services through robotics Successful docking paves the way for future on-orbit and life-extension services through robotics

Northrop Grumman and Intelsat Make History with Docking of Second Mission Extension Vehicle to Extend Life of Satellite

Northrop Grumman and Intelsat accomplished a space industry first on Monday, with a small spacecraft docking with an active satellite in orbit.

Northrop Grumman robotic MEV-2 spacecraft, in a first, catches active Intelsat satellite

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This is a quarterly review of DivGro, my portfolio of dividend growth stocks. I write these reviews to summarize investment decisions and to share portfolio statistics. The article includes charts showing DivGro's composition and how positions contribute to projected annual dividend income.

Quarterly Review Of DivGro: Q1-2021

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One sector that has lagged over the past year has been aerospace and defense. While the COVID-19 pandemic and the ongoing 737-Max issues weighed heavily on the aerospace side of the sector, the defense side basically was ignored as fund managers started to rotate to cyclical stocks and value plays.

Aerospace and Defense May Be the Best Offense for Q2: 5 Top Stocks to Buy Now

The new Lockheed Martin (LMT) missile interceptor deal from the Pentagon could be valued at as much as $3.7 billion while the Northrop Grumman (NOC) contract could be valued at up to $3.9 billion.

Lockheed (LMT) and Northrop Win $7.6B Missile Contracts

FALLS CHURCH, Va., March 25, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2021 financial results will be posted on its investor relations website on April 29, 2021. 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 First Quarter 2021 Financial Results

The companies are getting funds to design next-generation missile defense systems.

Lockheed and Northrop Beat Out Boeing to Land Multibillion Dollar Pentagon Contract

Northrop-Grumman's﻿ Defense Systems Division could get a lift in visibility, if not more, from an Army Development Command Armament Center (DEVCOM) evaluation of its Sky Viper 20mm chain gun as an alternative weapon for the service's Future Attack Reconnaissance Aircraft (FARA) helicopter.

Northrop-Grumman's Sky Viper Chain Gun May Get A Shot At The Army's FARA Helicopter

The U.S. Department of Defense's Missile Defense Agency (MDA) has awarded $1.6 billion in contracts to Lockheed Martin Corporation (NYSE: LMT) and Northup Grumman Corporation (NYSE: NOC) for technology development and risk reduction on the Next Generation Interceptor (NGI) program. What Happened: The NGI program is designed to be the first line of defense against intercontinental ballistic missile attacks from hostile nations.

Lockheed And Northrop Grumman Receive Contracts For Missile Defense Program

FALLS CHURCH, Va., March 23, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract by the Missile Defense Agency (MDA) for the Next Generation Interceptor (NGI) program. The contract is for the rapid development and flight test of an interceptor designed to defend the nation against the most complex long-range threats. Northrop Grumman has strategically teamed with Raytheon Missiles & Defense, a business of Raytheon Technologies (NYSE: RTX), to bring together the vast experience of the two companies on one team, to deliver an effective solution for MDA on an accelerated schedule.

Northrop Grumman-Led Team Selected by the Missile Defense Agency for Next Generation Interceptor Program

Northrop Grumman received $630 million in contracts in February 2021. Funds obligated decreased, but that is not something to worry about.

Northrop Grumman Contracts Surged 50% In February

My monthly review of DivGro provides a summary of transactions and explains how those transactions affect projected annual dividend income. DivGro is my portfolio of dividend growth stocks.

Monthly Review Of DivGro: February 2021

Northrop Grumman's (NOC) Northrop Grumman Systems unit is set to offer sustainment, engineering, logistics, test, mission control and operator training systems support for MQ-4C Triton UAS.

Northrop Grumman (NOC) Unit Wins $82M Deal to Aid Triton UAS

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Defense stocks remain an excellent investment despite U.S. Democrats securing unified control of the White House and Congress. The post 3 Defense Stocks That Are Always Ready No Matter Who Is in the White House appeared first on InvestorPlace.

News for Northrop Grumman Stock (NOC)