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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.

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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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 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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Aerojet Rocketdyne Holdings

Boeing

Lockheed Martin

It's a two-horse race to reach orbit by August or September.

Against All Odds, SLS May Beat Starship to Orbit

Leidos Hld

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Investors think of Northrop as a defense company -- but space is now its biggest business.

You'll Never Guess Which Northrop Grumman Business Is Still Growing

FALLS CHURCH, Va., June 28, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2022 financial results will be posted on its investor relations website on July 28, 2022. 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 2022 Financial Results

Raytheon Technologies

Raytheon Technologies Co and Northrop Grumman Corp have been awarded separate contracts to continue development of interceptor missiles to defend the United States from hypersonic weapons, two people briefed on the decision said on Friday.

Northrop and Raytheon win key U.S. hypersonic defense contracts

Fitness franchisor F45 Training Holdings Inc. FXLV, +1.35% announced the launch of its corporate partnership program on Thursday, which will bring F45 studios and classes to offices. Aerospace and defense tech company Northrop Grumman Corp. NOC, -1.42% is among the first clients to take advantage of the program.

F45 launches corporate program with Northrop Grumman among first clients

Northrop Grumman's (NOC) business unit wins a modification contract worth $248.2 million to procure two additional low-rate initial-production Lot 5 of the MQ-4C Triton UAS.

Northrop (NOC) Arm Wins $248.2M Deal for MQ-4C Triton UAS

Northrop Grumman Corp's (NOC) business unit, Northrop Grumman Systems Corp., wins a contract worth $458 million for the Columbia and Dreadnought Fleet Ballistic Missile Program.

Northrop (NOC) Arm Wins Deal for Submarine Missile Program

Northrop (NOC) is set to provide additional labor and material to incorporate production engineering change proposals for modifying MQ-4C Triton UAS production assets.

Northrop (NOC) Wins $21M Deal to Aid MQ-4C Triton UAS

Northrop Grumman results were pressured in Q1, but the company still increased its dividend by 10%. Revenue growth will accelerate in the second half of 2022 and carry over to 2023 and beyond.

Northrop Grumman: A Defense Winner With Growth And A Dividend

My quality value investing screen uncovered aerospace and defense contractor Northrop Grumman. In the last ten years, the stock, a dividend payer, far outperformed the aerospace and defense industry, the industrials sector, and the S&P 500.

Northrop Grumman Total Return Defeating Industry, Sector, And Market

Northrop Grumman Corporation. (NYSE:NOC ) Jefferies Virtual ESG Summit June 14, 2022 10:00 AM ET Company Participants Todd Ernst - Corporate VP, Treasurer and Investor Relations Mike Witt - Vice-President and Chief Sustainability Officer Conference Call Participants Sheila Kahyaoglu - Jefferies aerospace and defense analyst Sheila Kahyaoglu Good morning everyone.

Northrop Grumman Corporation. (NOC) Management Presents at Jefferies Virtual ESG Summit (Transcript)

Mynaric AG

In March 2022, Mynaric Received Largest Order of Optical Communications Terminals to Date in the Framework of the Space Development Agency's Tranche 1 Transport Layer Program LOS ANGELES, CA / ACCESSWIRE / June 14, 2022 / As previously announced, Mynaric (NASDAQ:MYNA)(FRA:M0Y) has been selected by Northrop Grumman (NYSE:NOC) for delivery of CONDOR Mk3 optical communication terminals in the framework of a milestone U.S. government program. Northrop Grumman was selected by the Space Development Agency (SDA) to provide 42 satellites for the Tranche 1 Transport Layer program that will serve critical needs of the U.S. National Defense Space Architecture (NDSA).

Mynaric Acts as Sole Laser Communication Supplier for Northrop Grumman as Part of Milestone U.S. Government Program

FALLS CHURCH, Va., June 14, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) (“Northrop Grumman”) announced today the expiration and final results of its offer to exchange (the “Registered Exchange Offer”) any and all of the $421,664,000 aggregate principal amount of its outstanding unsecured notes previously issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), as set forth in the table below (the “Restricted Notes”), for an equal principal amount of new notes registered under the Securities Act (the “Exchange Notes”).

Northrop Grumman Corporation Announces Expiration and Final Results of Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchange Offer

Northrop Grumman Corp's (NOC) business unit, Northrop Grumman Systems Corp. wins a contract worth $40.7 million for the Triton MQ-4C unmanned aircraft system.

Northrop (NOC) Arm Wins $40.7M Deal for Triton MQ-4C Aircraft

An alliance with Aerojet Rocketdyne is the most logical solution.

Northrop Grumman Needs a Plan B for Space

If so, then SpaceX also cost somebody $40 billion in sales.

Did SpaceX Really Save Taxpayers $40 Billion?

Start Time: 10:00 January 1, 0000 10:47 AM ET Northrop Grumman Corporation (NYSE:NOC ) Bernstein 38th Annual Strategic Decisions Conference June 02, 2022, 10:00 AM ET Company Participants Kathy Warden - Chairman, CEO and President Dave Keffer - Corporate VP and CFO Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. I think we can get started here.

Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Bernstein 38th Annual Strategic Decisions Conference (Transcript)

Northrop (NOC) is going to provide product supportability analyses for operational level maintenance, task analysis and provisioning data involving MQ-4C Triton jets

Northrop (NOC) Wins a Deal to Support MQ-4C Triton Aircraft

FALLS CHURCH, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Jefferies Virtual ESG Summit on Tuesday, June 14. Mike Witt, vice president and chief sustainability officer, and Todd Ernst, corporate vice president and treasurer, vice president of investor relations, will present beginning at 10:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in the Jefferies Virtual ESG Summit

Northrop Grumman's (NOC) business unit, Northrop Grumman Systems Corp., wins a $254.4-million deal for the production of Surface Electronic Warfare Improvement Program Block 3 Hemisphere systems.

Northrop (NOC) Arm Wins $254.4M Deal for SEWIP Production

General Dynamics

Despite rising market volatility, defense stocks have been displaying their financial strength by consistently hiking dividends, backed by an increased defense budget.

3 Defense Stocks Offering Dividend Hikes Amid Market Volatility

A closer look at Northrop Grumman's quarterly performance reveals which segment was the real outperformer.

What Northrop Grummans (NOC) Estimates Say About Its Recent Performance

American Tower, Chubb, and Northrop Grumman were among the U.S. companies this week that announced plans to boost their dividends.

Northrop Grumman and 5 More Companies That Raised Their Dividends

Northrop Grumman's (NOC) business unit, Northrop Grumman Systems Corp., wins a $31.2-million deal for the delivery of the large aircraft infrared countermeasures infrared missile warning sensor.

News for Northrop Grumman Stock (NOC)