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Northrop Grumman Corporation

NYSE: NOC
562.36
as of 2026-10-29
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Business overview

4 segments: Aeronautics Systems, Defense Systems (strategic missiles, tactical systems), Mission Systems (radars, electronic warfare, cyber), Space Systems (satellites, missile defense, launchers).

Watch: Next: Sentinel missile flight test (2027) — ~2027-01-01

Valuation
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Update log

DateNewsImpact
10/30/2026PR Newswire
10/29/2026Yahoo Finance
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10/28/2026PR Newswire
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10/28/2026Yahoo Finance
10/28/2026PR Newswire
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10/26/2026Yahoo Finance
10/26/2026PR Newswire
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10/26/2026PR Newswire
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10/24/2026PR Newswire
10/24/2026Yahoo Finance
10/23/2026PR Newswire
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10/22/2026Yahoo Finance
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10/22/2026Yahoo Finance
10/21/2026Baird upgraded Northrop Grumman stock, raising its price target based on strong Q3 performance and a positive long-term outlook for 2027 and 2028.
10/21/2026Northrop Grumman reported Q3 2026 revenue of $11.12 billion, marking a 6.7% year-on-year increase and meeting analyst expectations.
10/21/2026Northrop Grumman's CEO highlighted strong demand across defense and space sectors as the company's backlog reached a record $110 billion.
10/21/2026Yahoo Finance
10/21/2026Yahoo Finance
10/21/2026Q3 2026 earnings release — Northrop Grumman released its Q3 2026 financial results on October 20, 2026, as scheduled. The company reported $11.12 billion in sales and diluted earnings per share of $7.89, while also noting a record backlog of $109.6 billion.
10/21/2026Northrop Grumman Corporation — quarterly earnings release — Northrop Grumman Corporation released its third quarter 2026 financial results on October 20, 2026, as scheduled. The company reported earnings per share of $7.89 on $11.12 billion in revenue and highlighted a record backlog of $110 billion.
10/21/2026
Timing score declines following the conclusion of earnings catalysts
AI review
The decrease in the timing score is driven by a significant drop in the catalysts pillar, reflecting the transition from the high-anticipation period preceding the Q3 earnings release to the post-earnings phase. While the company delivered a strong performance with raised guidance and a record backlog, the completion of this key event removes the immediate binary catalyst, leading to a mechanical cooling in the timing metrics.
10/21/2026Yahoo Finance
10/20/2026Shares of Northrop Grumman increased after the company reported growth in third-quarter 2026 sales and raised its full-year financial guidance.
10/20/2026Breaking Defense
10/20/2026CERTIFICATION OF KATHY J. WARDEN — Period: 2026-09-30
10/20/20268-K — Results of operations released · Financial statements and exhibits
10/20/2026LETTER FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM — Period: 2026-09-30
10/20/202610-Q — Period: 2026-09-30
10/20/2026EARNINGS RELEASE — Results of operations released · Financial statements and exhibits
10/20/2026A summary of Northrop Grumman's Q3 2026 earnings call.
10/20/2026Northrop Grumman's Q3 2026 earnings call highlights a record $110 billion backlog and raised financial guidance.
10/20/2026Northrop Grumman is exploring microelectronics and quantum technology to diversify its revenue beyond traditional defense contracts.
10/20/2026Northrop Grumman stock rose following a strong Q3 2026 earnings report, showing solid profit margins and significant cash flow.
10/20/2026Northrop Grumman reported strong third-quarter earnings and raised annual profit forecasts amidst a period of high demand for defense technology.
10/20/2026Northrop Grumman and RTX have raised their 2026 profit outlooks due to increased demand for military rearmament.
10/19/2026Defense News
10/19/2026Northrop Grumman is scheduled to report its third-quarter financial results this Tuesday.
10/18/2026Yahoo Finance
10/17/2026Yahoo Finance
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10/16/2026Yahoo Finance
10/15/2026Yahoo Finance
10/15/2026Yahoo Finance
10/15/2026The article discusses Anduril's market valuation as a point of comparison for Northrop Grumman and other established defense contractors.
10/14/2026Defense News
10/14/2026Yahoo Finance
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10/7/2026Yahoo Finance
10/6/2026Yahoo Finance
10/6/2026Yahoo Finance
10/6/2026A Redburn analyst identified opportunities for Northrop Grumman in the context of global investment in advanced weapons.
10/6/2026Defense News
10/6/2026Yahoo Finance
10/6/2026
Conviction down on analyst downgrades and lost Navy contract
AI review
The conviction score decreased primarily due to the loss of a major $20 billion Navy fighter contract to Boeing and a subsequent downgrade by RBC, which cited limited sales growth and margin risks. While the company demonstrated technical success with its self-funded YFQ-48A drone, this was outweighed by concerns regarding near-term growth catalysts. The improvement in timing reflects a positive shift in valuation metrics and upside potential following recent price volatility.
10/5/2026Breaking Defense
10/3/2026The War Zone
10/2/2026Yahoo Finance
10/2/2026Yahoo Finance
10/2/2026Yahoo Finance
10/2/2026Yahoo Finance
10/2/2026Yahoo Finance
10/2/2026Yahoo Finance
10/1/2026Northrop Grumman is expected to report its third-quarter 2026 financial results in October, with analysts forecasting a slight decline in earnings.
10/1/2026Yahoo Finance
10/1/2026Northrop Grumman is mentioned in a market report regarding military embedded systems, which is projected to grow to $4.6 billion by 2035.
10/1/2026Bank of America remains positive on Northrop Grumman stock despite the company losing a Navy fighter contract to Boeing.
9/30/2026Yahoo Finance
9/30/2026Yahoo Finance
9/30/2026Boeing was awarded a Navy fighter jet contract after competing against Northrop Grumman.
9/30/2026Yahoo Finance
9/28/2026Yahoo Finance
9/26/2026Yahoo Finance
9/25/2026Yahoo Finance
9/25/2026Yahoo Finance
9/24/2026Northrop Grumman is identified as a key player in the projected growth of the global software defined radio (SDR) market, which is driven by military communications modernization and space missions.
9/23/2026Yahoo Finance
9/21/2026
Conviction increases on valuation improvement and program progress
AI review
The conviction score increase is driven primarily by the valuation pillar, which improved as market assessments shifted to reflect the progress on major programs like the Sentinel missile and the securing of significant new contracts, such as the $4.8 billion CIRCM deal. Positive management commentary at the Morgan Stanley conference regarding a record backlog and robust demand further supports the internal conviction upgrade. These fundamental developments have mitigated some of the perceived risks associated with program execution.
9/18/2026CEO presentation at Morgan Stanley Laguna Conference — Northrop Grumman CEO Kathy Warden presented at the 14th Annual Morgan Stanley Laguna Conference on September 17, 2026. During the session, she discussed the company's robust demand environment, program updates including the B-21 and Sentinel, and financial outlook.
9/17/2026GlobeNewswire
9/17/2026Breaking Defense
9/17/2026Yahoo Finance
9/17/2026Dividend payment date — Northrop Grumman Corporation paid its quarterly dividend of $2.47 per share on September 16, 2026, as scheduled. The dividend was payable to shareholders of record as of the close of business on August 31, 2026.
9/17/2026Cash dividend payment — Northrop Grumman Corporation paid its quarterly cash dividend of $2.47 per share on September 16, 2026, as scheduled. The dividend was payable to shareholders of record as of the close of business on August 31, 2026.
9/16/2026Breaking Defense
9/16/2026Yahoo Finance
9/15/2026Yahoo Finance
9/15/2026Northrop Grumman has been awarded a $4.8 billion US Army contract for the Common Infrared Countermeasure (CIRCM) system, running through 2035.
9/14/2026Yahoo Finance
9/14/2026Northrop Grumman has been awarded a defense contract alongside other companies as part of broader U.S. Air Force defense awards.
9/14/2026Yahoo Finance
9/14/2026Northrop Grumman has withdrawn from the SNC-led team competing for the Navy's Undergraduate Jet Training System program.
9/14/2026GlobeNewswire
9/11/2026Yahoo Finance
9/11/2026Yahoo Finance
9/10/2026Northrop Grumman's CEO Kathy Warden will participate in the 14th Annual Morgan Stanley Laguna Conference on September 17, 2026.
9/10/2026GlobeNewswire
9/10/2026Yahoo Finance
9/9/2026SandboxAQ successfully completed a flight test using a magnetic navigation system on Northrop Grumman's Lumberjack® unmanned drone.
9/9/2026Yahoo Finance
9/9/2026Yahoo Finance
9/9/2026SandboxAQ tested its AQNav magnetic navigation software on Northrop Grumman's Lumberjack® drone platform.
9/4/2026Yahoo Finance
9/3/2026Yahoo Finance
9/1/2026Yahoo Finance
8/31/2026Yahoo Finance
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8/26/2026Yahoo Finance
8/26/2026Yahoo Finance
8/26/2026Yahoo Finance
8/26/2026Northrop Grumman's board declared a quarterly dividend of $2.47 per share, while the company's Mission Systems segment secured a new Marine Corps contract.
8/25/2026Yahoo Finance
8/24/2026Yahoo Finance
8/22/2026
Timing score declines as near-term catalyst pipeline resets
AI review
The timing score decline is driven by a significant reduction in the catalysts pillar, as several previously anticipated project announcements and contract awards have concluded or passed. While Northrop Grumman continues to secure major defense contracts and maintain strong operational performance, the transition from active contract bidding phases to long-term execution reduces the immediate catalyst intensity. Consequently, the score reflects a recalibration of short-term event momentum rather than a fundamental degradation of the company's competitive standing.
8/21/20268-K — Officer / director departure or appointment
8/20/2026Northrop Grumman Corporation's stock performance and future earnings expectations are discussed following their recent earnings report.
8/19/2026Northrop Grumman is mentioned as one of the companies making significant stock moves.
8/19/2026Yahoo Finance
8/19/2026Yahoo Finance
8/19/2026GlobeNewswire
8/19/2026Yahoo Finance
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8/18/2026Yahoo Finance
8/14/2026Yahoo Finance
8/13/2026The Pentagon has awarded a contract exceeding $3 billion to Northrop Grumman and Lockheed Martin to increase production of Patriot and THAAD missile interceptor components.
8/12/2026Yahoo Finance
8/12/2026Yahoo Finance
8/12/2026Northrop Grumman has signed multi-billion dollar agreements for PAC-3 MSE and THAAD components and unveiled the Raid Hunter air defense system.
8/12/2026Northrop Grumman and SpaceX have successfully completed the first round of critical tests for the US Space Force’s Golden Dome missile-defense program.
8/11/2026Northrop Grumman revealed a cannon-based solution to defend against drones and cruise missiles, alongside Boeing's new missile seeker technology.
8/11/2026Travis Garriss, the Vice President, Chief Information and Digital Officer at Northrop Grumman, has been appointed to the board of NPower.
8/8/2026SpaceNews
8/7/2026Yahoo Finance
8/6/2026Naval News
8/4/2026Yahoo Finance
8/3/2026Northrop Grumman has entered into $3 billion in framework agreements with the U.S. government and Lockheed Martin to increase production of missile interceptors.
8/3/2026S - Sale transaction of -95 shares at $547.53
8/3/2026
Rating revision: Rating 2 → Rating 1
AI review
The company has secured significant multi-year framework agreements totaling $3 billion to scale the production of critical missile defense systems, which validates their manufacturing expansion strategy. While the Sentinel program remains a structural risk, the consistent demand for PAC-3 and THAAD systems strengthens the revenue outlook and enhances their competitive position. Consequently, upgrading the rating to 1 reflects this strong operational momentum.
8/3/2026Yahoo Finance
8/3/2026GlobeNewswire
8/3/2026Breaking Defense
8/3/2026Yahoo Finance
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7/23/2026Yahoo Finance
7/22/2026Northrop Grumman has secured a $1.2 billion contract with the U.S. Navy.
7/22/2026Yahoo Finance
7/22/2026Yahoo Finance
7/21/2026The War Zone
7/21/2026Northrop Grumman has announced an upward revision of its financial guidance for fiscal year 2026.
7/21/2026Northrop Grumman has released its earnings guidance for the third quarter of fiscal year 2026.
7/21/2026The aerospace and defense group Northrop Grumman reports a record order backlog.
7/21/2026Northrop Grumman exceeded analyst expectations for the second quarter and raised its financial guidance.
7/21/2026This document contains the transcript of the Northrop Grumman Q2 2026 earnings conference call.
7/21/2026Driven by strong demand for military equipment, Northrop Grumman has raised its outlook for the year 2026.
7/21/2026Despite raising its guidance, Northrop Grumman saw its stock price decline as the market remains skeptical.
7/21/2026
Q2 2026 results - EPS consensus $6.84.
Major catalyst, first in the series of summer earnings results - Sentinel risk to watch
7/20/2026
Analyst targets reduced in cascade: Wells Fargo $800->$620, Jefferies $620->$580.
Generalized sectoral decline linked to fading Iran fears and U.S. midterm uncertainty.
7/19/2026
New Utah facility. Selected (with LMT, Rocket Lab, L3Harris) for a $3.5B Tranche 3 contract from the Space Development Agency.
Strengthens space exposure, diversifies beyond Sentinel risk
7/14/2026Northrop Grumman has begun construction of a new facility.
7/7/2026NATO is planning to acquire up to five Northrop Grumman Triton drones to enhance its maritime surveillance capabilities.
5/4/2026S - Sale transaction of -95 shares at $571.68
3/2/2026S - Sale transaction of -873 shares at $745.00
2/27/2026S - Sale transaction of -1,754 shares at $720.00
2/19/2026S - Sale transaction of -194 shares at $727.62
2/19/2026S - Sale transaction of -512 shares at $727.62
12/4/2020SATURN SKY
10/11/2017FRAMEWORK 1.6 MISSION PLANNING SOFTWARE DEVELOPMENT AND MAINTENANCE
9/6/2011B-2 MPEC II DO
3/28/2011Northrop Grumman has announced the appointment of Kathy Warden.
12/19/2008FORM 8-K — Officer / director departure or appointment · Financial statements and exhibits
9/6/2005An analyst firm has ranked Northrop Grumman among the 'leaders' in its report on data center outsourcing.
8/14/2002The U.S. Army and Northrop Grumman have successfully conducted a test of the Bat submunition, an improved and recoverable version.
6/10/2002Kenneth Wilson has been named Vice President of C4ISR&T Networked Systems at Northrop Grumman.
11/5/2001CLIENT SUPPLIED PDF OF BASE 10-Q — Period: 2001-09-30
8/9/2001CLIENT SUPPLIED PDF OF BASE 10-Q — Period: 2001-06-30
5/10/2001CLIENT SUPPLIED PDF OF BASE 10-Q — Period: 2001-03-31
5/10/2001FORM 10-Q 3/31/2001 — Period: 2001-03-31
7/17/2000200011!9700!001375!ZT01 !DEFENSE THREAT REDUCTION AGENCY !DTRA0100C0088 !A!*!* !20000717!20030716!077985760!052272044!008255408!N!56474!LOGICON INC. !222 WEST 6TH STREET !SAN PEDRO !CA!90733!01000!510!51!ALEXANDRIA !ALEXANDRIA (CITY) !VIRGINIA !0001!+000002863900!N!N!000000000000!AD92!RDTE/OTHER DEFENSE-APPLIED RESEARCH !S1 !SERVICES !1000!NOT DISCERNABLE OR CLASSIFIED !8731!3!*!*!*!B!A!*!A !N!R!2!003!B!* !Z!W!Z!* !* !N!C!*!A!A!A!A!A!A!* !*!N!A!C!N!*!*!*!*!*!
11/10/1999