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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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FALLS CHURCH, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2024 financial results will be posted on its investor relations website on July 25, 2024. 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 Second Quarter 2024 Financial Results

FALLS CHURCH, Va., June 18, 2024 (GLOBE NEWSWIRE) -- Benefitting from more than three decades of strike and stealth technology innovation, the B-21 is the next evolution of the U.S. Air Force strategic bomber fleet and the world's first sixth-generation aircraft to reach the skies.

What You Need to Know About Northrop Grumman's B-21 Raider

Boeing

Mercury Systems

U.S. equities appear unstoppable. The tech-heavy Nasdaq has rallied a whopping 21% on a year-to-date (YTD) basis, while its counterpart, the S&P500 is up 15.4%.

3 Defense Stocks to Sell in June Before They Crash & Burn

Northrop Grumman stock continues to significantly underperform the defense sector and the broader market. In this article, I will discuss the reasons for the underperformance and why I believe a window of opportunity is beginning to open. In addition to operational fundamentals, a look at the balance sheet and growth prospects, I will also highlight some key risks of an investment in NOC shares.

Northrop Grumman: Why It's A Buy Despite Weakening Margins And Recent Setbacks

Northrop (NOC) is set to exercise an option for the production of SEWIP Block 3 electronic attack hemisphere systems and ancillary hardware equipment.

Northrop (NOC) Wins $245M Contract to Aid SEWIP Block 3 Systems

PepsiCo

Inflation's grip is easing, but the Fed remains cautious. Despite favorable numbers, rate cuts aren't guaranteed, making market conditions tricky for finding bargains. Despite market challenges, select companies with strong fundamentals and growth potential offer value. These companies stand out for their robust business models and attractive valuations. Investors should focus on high-quality firms that combine stability with growth. Identifying these opportunities can yield significant long-term returns, even in a tough market environment.

High-Conviction Buys: 2 Of My Favorite Dividend Growth Stocks Are Now Bargains

Visiongain has published a new report entitled Defence Electronics Market Report 2024-2034 : Forecasts by Platform (Airborne, Marine, Land), by EW Systems (Radar Jamming Systems, Electronic Countermeasures, Signal Intelligence Systems, Other), by ISR Sensors (Electro-Optical/Infrared (EO/IR) Sensors, Synthetic Aperture Radar (SAR), Electronic Support Measures (ESM), Magnetic Anomaly Detection (MAD) Systems, Other), by Type (Command, Control and Communication Systems, Electronic Warfare Systems, Surveillance and Reconnaissance Systems, Intelligence, Surveillance and Reconnaissance (ISR) Sensors, Navigation and Guidance Systems, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.

Defence Electronics market is projected to grow at a CAGR of 5.7% by 2034: Visiongain

Northrop Grumman (NYSE: NOC ) layoffs are coming for hundreds of the aerospace and defense technology company's employees. These Northrop Grumman layoffs were revealed in a WARN letter sent to the state of Arizona.

Northrop Grumman Layoffs 2024: What to Know About the Latest NOC Job Cuts

Northrop Grumman Corp. business unit, Northrop Grumman Systems Corp., recently secured a contract involving its E-2 Hawkeye aircraft. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA.

Northrop Wins $119M Contract to Aid E-2 Hawkeye Jet Program

Northrop (NOC) is set to provide long-term, requirements contract for the repair of 17 weapon replaceable assemblies and shop replaceable assemblies to support the E-2 Hawkeye jets.

Northrop (NOC) Wins $119M Contract to Aid E-2 Hawkeye Jet Program

Chemring's Norwegian subsidiary has signed a 15-year partnering agreement with Northrop Grumman to supply HMX material used in its missile programmes. The agreement is part of  Northrop Grumman's efforts to expand its munitions manufacturing production in response to growing customer demand.

Chemring signs fifteen-year missile fuel partnership with Northrop

Builders FirstSource

Super Micro Computer

There are tens of thousands of stocks to choose from when it comes to investing, so many that investors oftentimes find themselves stuck with choice paralysis. While investors see the same obvious big names flying around news headlines all the time, the most attractive investments are often stocks that are still flying under the radar.

The 3 Most Undervalued Sleeper Stocks to Buy in June 2024

Northrop (NOC) is set to provide continued fabrication and installation support to include Tactical Targeting Network Technology and the Beyond Line of Sight for the E-2D Hawkeye aircraft.

Northrop (NOC) Wins a Deal to Aid Its E-2D Advanced Hawkeye Jet

McKesson

T-Mobile US

In retirement, stability and downside protection are the main investment objectives. You need retirement-proof stocks that guarantee stable growth with minimal volatility to succeed.

Bulletproof Your Retirement: 3 Stocks That Will Stand the Test of Time

My dividend portfolio is heavily invested in defense contractors, focused on innovation. Northrop Grumman, one of the companies in my portfolio, has underperformed recently but has a strong historical track record and potential for growth. Northrop Grumman recently increased its dividend for the 21st consecutive year, demonstrating confidence in its future prospects.

Undervalued And Misunderstood: Why Northrop Grumman Is A High-Conviction Buy

Northrop Grumman Corporation (NYSE:NOC ) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 9:00 AM ET Company Participants Kathy Warden - Chairman and CEO Conference Call Participants Douglas Harned - Bernstein Douglas Harned Okay. Let's get started.

Northrop Grumman Corporation (NOC) Bernstein's 40th Annual Strategic Decisions Conference (Transcript)

Taiwan Semiconductor Manufacturing

Advanced Drainage Systems

Dividends soften the blow from drawdowns in other positions, provide more than one way to reap a return from an investment, and allow maximum returns through dividend reinvestment.

Dividend Watch: 3 Companies Boosting Payouts

Curtiss-Wright

Marriott

Five stocks that recently hiked dividend are MAR, CW, HNI, TSM and NOC.

5 Stocks in Focus on Their Recent Dividend Hike

FALLS CHURCH, Va., May 23, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Bernstein's 40th Annual Strategic Decisions Conference on Thursday, May 30. Kathy Warden, chair, chief executive officer and president, will present beginning at 9:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com.

Northrop Grumman to Participate in Bernstein's 40th Annual Strategic Decisions Conference

The B-21 Raider continues its flight test campaign at Edwards Air Force Base, California. (Photo Credit: Northrop Grumman)

Northrop Grumman's B-21 Raider Continues Its Flight Test Campaign

Northrop Grumman's (NOC) Integrated Air and Missile Defense Battle Command System is the centerpiece of the U.S. Army's modernization strategy for air and missile defense capability.

Northrop Grumman (NOC) Secures an Army Contract for IBCS

Lockheed Martin

Last month the U.S. Air Force picked two privately held defense contractors to build prototypes for a new fleet of 1,000 military drone aircraft. Boeing, Lockheed Martin, and Northrop Grumman also competed for this contract -- and lost.

How Northrop Grumman, Lockheed Martin, and Boeing All Lost a $30 Billion Air Force Contract

13 years ago, Northrop Grumman exited the Navy shipbuilding business by spinning off Huntington Ingalls. Now, Northrop is testing naval waters once again, and building a gigantic stealth drone submarine for DARPA.

Northrop Grumman Is Back in the Warship Building Business

Northrop Grumman (NOC) continues to generate sales growth and reward its shareholders through dividend payments.

Northrop (NOC) Rewards Shareholders With 10% Hike in Dividend

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Northrop Grumman Corporation (NYSE: NOC) announced today an agreement for access and use of NVIDIA AI software to accelerate development of some of the most advanced systems. This industry-leading agreement, facilitated by Future Tech Enterprise, gives Northrop Grumman access to NVIDIA's extensive portfolio of AI and generative AI software, its platforms and frameworks, including NVIDIA Omniverse. The agreement also opens research and development pathways.

News for Northrop Grumman Stock (NOC)