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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

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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Lockheed Martin

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

Apple

Atmos Energy

Chevron

Gilead Sciences

PepsiCo

Pinnacle West Capital

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

Centene

HCA Healthcare

Honda

T. Rowe Price Group

According to the GuruFocus All-in-One Screener, a Premium feature, as of March 17, the following guru-held companies have positive future earnings estimates from Morningstar analysts.

5 Guru Stocks Growing Earnings

Palantir Technologies

Raytheon Technologies

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.

3 Defense Stocks That Are Always Ready No Matter Who Is in the White House

Northrop Grumman has recently won a few large government contracts, including two deals with the US Navy valued in the hundred-millions. Price had been trending steadily and consistently upward for almost a decade before plateauing for the last three years.

Northrop Grumman's Upward Ascent Has Plateaued

Boeing

General Dynamics

The largest U.S. defense contractors had a poor 2020. Two of the five largest defense contractors posted share price declines of 52% and 34% in 2020, according to an industry update published earlier this week by analysts at Canaccord Genuity.

Why This Analyst Sees 5 Top Defense Stocks Rebounding in 2021

Let's see if Northrop Grumman Corporation (NOC) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Northrop Grumman (NOC) a Suitable Stock for Value Investors?

Leidos Hld

L3Harris

4 Aerospace-Defense Stocks to Watch as Low Air Traffic Concerns Loom

Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock?

Northrop Grumman (NOC) Down 0.5% Since Last Earnings Report: Can It Rebound?

Northrop Grumman gets an order for hypersonic tracking defense as the threat from China and Russia increases. Company won a potential multi-billion connectivity contract.

Northrop Grumman Wins As Chinese And Russian Hypersonic Threats Increase

During 2020 Northrop Grumman displayed incredibly resilient cash flows, growing revenues, and an all-time high backlog. Yet shares have slipped over the past few months.

Northrop Grumman's Dip Open Up 15%+ Annualized Return Potential

The government turned off the money spigot, and now OmegA will never see the light of day.

U.S. Space Force Dumps Northrop and Blue Origin in Favor of Boeing, Lockheed, and SpaceX

The Pentagon's research arm is handing out "LongShot" contracts.

These 3 Defense Giants Will Battle to Produce the Next Generation of Unmanned War Machines

FALLS CHURCH, Va., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Citi's 2021 Global Industrials Virtual Conference on Thursday, Feb. 18. Kathy Warden, chairman, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 8:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com.

Northrop Grumman to Participate in Citi's 2021 Global Industrials Virtual Conference

I last wrote on Northrop Grumman late last year naming the company a good "BUY" for the valuation and opportunity it offers investors at the price point. The needle hasn't shifted all that much. A combination of political fears and other headwinds and concerns keeps this company valued low, keeping it interesting.

Northrop Grumman: A Defense Major Still On Sale

Recently, I discussed how Northrop Grumman Corp. (NYSE:NOC) offered investors tremendous value due to a weak stock performance over the last year. Shares are down 17% over the last 12 months compared to an over 16% gain for the S&P 500 index.

Northrop Grumman Continues to Impress

Textron

According to the GuruFocus All-In-One Screener, a Premium feature, the following defensive companies were trading with low price-sales ratios as of Feb. 3.

5 Defensive Companies Trading With Low Price-Sales Ratios

Northrop Grumman (NOC) will receive initial deliveries of approximately 5.9 million shares on Feb 2, representing 85% of the expected share repurchases, per the ASR agreement.

Northrop Announces $2B Accelerated Share Repurchase Agreement

FALLS CHURCH, Va., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Cowen's 42nd Annual Aerospace/Defense & Industrials Conference Tuesday, Feb. 9. Dave Keffer, corporate vice president and chief financial officer, will present beginning at 8:30 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com.

Northrop Grumman to Participate in Cowen's 42nd Annual Aerospace/Defense & Industrials Conference

FALLS CHURCH, Va., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) today announced that it will redeem for cash all of its outstanding 2.55% Senior Notes due October 2022 (“Notes”) on March 24, 2021. The Notes will be redeemed at a “make-whole” premium price, calculated in accordance with the Notes and the indenture and supplemental indenture governing the Notes (the “Make-Whole Redemption”). Northrop Grumman currently expects the Make-Whole Redemption to result in a pre-tax charge of approximately $55 million in the first quarter of 2021, which is not contemplated in its 2021 financial guidance of January 28, 2021. As of the date of this press release, $1.5 billion aggregate principal amount of the Notes were outstanding.

Northrop Grumman Announces $1.5 Billion Debt Redemption

NEW YORK--(BUSINESS WIRE)--Veritas Capital (“Veritas”), a longstanding investor in companies operating at the intersection of technology and government, today announced that an affiliate of Veritas has completed its previously announced acquisition of Northrop Grumman's (NYSE: NOC) IT and mission support services business for $3.4 billion in cash. The business will combine with Peraton, a portfolio company of Veritas Capital and trusted provider of highly differentiated intelligence, cyber, def

Veritas Capital Completes Acquisition of Northrop Grumman's IT and Mission Support Services Business

Northrop Grumman Corp. said Monday it has entered a $2 billion accelerated share buyback agreement with Goldman Sachs & Co. . The defense company said it will receive initial deliveries of about 5.9 million shares on Tuesday, equal to about 85% of the expected share buybacks, based on its closing price on Friday of $286.61.

News for Northrop Grumman Stock (NOC)