Revenue segments as reported by the company.

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Service

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative expenses

Gain on sale of business

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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.

Outstanding Shares

Market Cap

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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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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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Defense companies are expecting strong demand for 2024, as they monitor actions from both Russia and China.

Defense Stock Looks Ready to Shoot Higher

S&P 500 rose 2.1% fueled by Federal Reserve's comments on rate cuts, but Northrop Grumman shares fell 3.2%. Northrop Grumman received two major downgrades due to potential headwinds in its major programs. Despite challenges, Northrop Grumman maintains strong financials, an international growth strategy, and a commitment to shareholders through dividends and buybacks.

Northrop Grumman - Why I Remain So Very Bullish

Northrop Grumman (NOC) reachead $485.01 at the closing of the latest trading day, reflecting a +1.2% change compared to its last close.

Northrop Grumman (NOC) Increases Yet Falls Behind Market: What Investors Need to Know

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Westinghouse Electric Company announced today that the U.S. Air Force Research Laboratory's Space Vehicle Directorate has selected Westinghouse for an advanced space research program. The award supports the Joint Emergent Technology Supplying On-Orbit Nuclear power (JETSON) High Power program. Westinghouse has teamed with Northrop Grumman and Astrobotic for this groundbreaking effort to power satellites with nuclear energy for AFRL. “Westinghouse is an.

Westinghouse, Northrop Grumman, and Astrobotic Awarded U.S. Air Force Contract to Power Satellites with Nuclear Energy

PROMONTORY, Utah, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a year as part of its Solid Motor Annual Rocket Technology Demonstrator (SMART Demo).

Northrop Grumman Successfully Tests a New Solid Rocket Motor Developed in Less Than a Year

Northrop (NOC) is set to procure 12 items to support the WSN-7 ship inertial navigation system.

Northrop (NOC) Wins Contract to Aid Marine Sensor System

ROANOKE, Va.--(BUSINESS WIRE)-- #F35--Luna announces continued work with Northrop Grumman in support of the F-35 program with new, multi-unit, multi-million dollar order.

Luna Secures Large, Multi-Unit Follow-on Order Under Agreement with Northrop Grumman

The Falls Church, Va.-based defense contractor said Wednesday it had authorized an additional $2.5 billion for repurchasing company stock.

Northrop Grumman raises stock-buyback authorization to $3.8 billion

FALLS CHURCH, Va., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $2.5 billion for the repurchase of the company's common stock, increasing the outstanding authorized amount to approximately $3.8 billion. Share repurchases will take place from time to time, subject to market conditions and management's discretion, in the open market or in privately negotiated transactions.

Northrop Grumman Announces New $2.5 Billion Share Repurchase Authorization

General Motors

Johnson & Johnson

NIKE

Philip Morris

Public Storage

Exxon Mobil

With the S&P 500 index stunningly back to its winning ways, it may be time to get on the bandwagon but with bargain stocks with potential. In other words, these enterprises presently lag the benchmark on a year-to-date basis.

Bargain Buys: 7 Stocks Lagging the S&P 500 With Big Potential

Northrop Grumman (NOC) closed at $479.84 in the latest trading session, marking a +0.98% move from the prior day.

Northrop Grumman (NOC) Laps the Stock Market: Here's Why

Northrop (NOC) is set to provide sustaining engineering and logistics support services for the G/ATOR program.

Northrop (NOC) Wins $265M Deal to Aid the G/ATOR Program

Firefly Aerospace has joined the ranks of space companies that successfully put satellites in orbit. Firefly is also planning an in-orbit satellite services business with its family of Elytra space tugs.

Is This Private Space Company the Next SpaceX?

U.S. defence company Northrop Grumman has pulled out of a competition to supply narrowband military satellite communications for Britain's armed forces, the Financial Times reported on Friday.

Northrop Grumman pulls out of UK narrowband military satellite tender - FT

Boeing

Lockheed Martin

Textron

Bell-Boeing, a joint venture between Boeing (BA) and Bell Helicopter, a unit of Textron (TXT), is set to provide platform engineering and logistics sustainment support for the V-22 aircraft.

Bell-Boeing Clinches Contract to Support V-22 Jet Program

Northrop Grumman is exploring producing 120 millimetre tank ammunition in Poland as the U.S. ally surges defence production capacity, the company's chief told Reuters on Thursday.

Northrop Grumman explores ammunition co-production in Poland

Northrop Grumman's shares have lost 13% in the past year due to concerns about defense spending and budget outlook. The company reported strong Q3 results with increased revenue and orders, raising its revenue guidance for the year. However, uncertainties in defense spending and political risks may impact future growth, but the company is focused on returning capital to shareholders.

Northrop Grumman: Near-Term Risks But Long-Term Growth

Northrop Grumman Corporation (NYSE:NOC ) Baird's Global Industrial Conference Call November 7, 2023 10:05 AM ET Company Participants Dave Keffer - Corporate Vice President and Chief Financial Officer Conference Call Participants Peter Arment - Baird Peter Arment Okay. Thanks, everyone.

Northrop Grumman Corporation (NOC) Baird's Global Industrial Conference (Transcript)

Abbott Labs

Accenture Plc

Ford Motor Company

FedEx

General Dynamics

Honeywell

Microsoft

Pfizer

AT&T

Amgen

Raytheon

Quiver Quantitative, the pioneering company behind an alternative data platform designed for retail investors, has been actively tracking stock market trades made by US Congress members and other political figures. Some of the trades have been notably controversial, mainly due to their timing or because they violated federal laws.

15 stocks with the closest US government connections

Booz Allen Hamilton Hld

General Electric

Leidos Hld

L3Harris

Raytheon Technologies

Recent weeks have witnessed a rising trend among Congress members and other prominent US politicians. They have been strategically investing in military-related stocks, with a keen focus on sectors encompassing defense, energy, and cybersecurity.

These defense stocks are most traded by US Congress

Chevron

Publicly traded companies utilize debt for many reasons. They can use it to fuel growth, pay dividends, or buy back shares, but like any financial entity, enough is enough.

2 sectors reducing debt and paying shareholders

Apple

Automatic Data Processing

Applied Materials

Amphenol

Blackrock Inc

Costco

Cintas Corp

Graco

Home Depot

Intuit

Jack Henry & Associates

Lowe's

Mastercard

Monolithic Power Systems

Roper Technologies

Charles Schwab

Sherwin-Williams

Tractor Supply

Vanguard Dividend Appreciation ETF

There are 20 stocks on my dividend growth watchlist for October 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by more 4% year-to-date.

Dividend Growth Stock Watchlist - November 2023

Northrop Grumman (NOC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NOC broke through the 20-day moving average, which suggests a short-term bullish trend.

Northrop Grumman (NOC) Just Flashed Golden Cross Signal: Do You Buy?

First Solar

Look, this deglobalization trend is hitting high gear—and if you miss your chance to tap it for surging dividend payouts, you will regret it down the road.

This Megatrend Will Dominate In 2024 (And These 2 Dividends Will Soar)

Defense stocks to check out in the stock market today.

News for Northrop Grumman Stock (NOC)