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Northrop Grumman - NOC STOCK NEWS

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Northrop Grumman Corporation (NYSE: NOC) is a leading global security company that provides innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. The company’s operations span across four main sectors: Aeronautics, Defense, Mission, and Space Systems.

In the aerospace segment, Northrop Grumman develops the fuselage for the F-35 fighter jet and produces both autonomous and piloted aircraft, including the Global Hawk drones and the new B-21 bomber. The company’s defense systems division manufactures artillery and missile ammunition, missile guidance systems, missile defense systems, and maintenance and upgrade services for a wide range of military aircraft.

The mission systems division focuses on creating and integrating radar, navigation, and communication systems for various platforms, from helicopters to naval destroyers. Meanwhile, the space systems segment produces satellites, sensors, space structures, and long-range missiles, as well as rocket motors.

Northrop Grumman is committed to maintaining its leading position through continuous innovation and collaboration. One of its significant achievements is the delivery of the Integrated Battle Command System (IBCS) to the U.S. Army, a modern air and missile defense system that improves situational awareness and decision-making capabilities on the battlefield. IBCS was approved for full-rate production in 2023 and is being fielded in Poland.

Another notable project is the Sentinel program, aimed at modernizing the ground-based leg of the nation’s strategic triad. This program includes rigorous testing and validation processes to ensure the reliability and safety of advanced missile systems.

Northrop Grumman also recently recognized its supplier Bayen Group for its contributions to national security solutions and mission success. The company continues to push the boundaries of human exploration, evident in the ongoing flight test campaign for the B-21 Raider at Edwards Air Force Base, California.

Financially, Northrop Grumman maintains robust performance. The company’s first quarter 2024 financial results were recently released, with detailed earnings information available on their investor relations website. The company’s top executives, including Chair and CEO Kathy Warden and CFO Dave Keffer, frequently review and discuss financial performance in publicly accessible conference calls.

For those interested in joining Northrop Grumman, the company emphasizes its mission-driven culture and its commitment to making a difference. It offers various career opportunities for individuals passionate about advanced technology and its applications in protecting the world.

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Northrop Grumman Corporation (NOC) has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of its common stock. The company aims to return well over 100% of its free cash flow to shareholders through dividends and share repurchases in 2024. Approximately 1.8 million shares are expected to be delivered on Jan. 31, representing about 80% of the expected share repurchases. The final number of shares to be repurchased will be based on the company’s volume-weighted average price during the term of the transaction, with completion expected no later than the second quarter of 2024. The ASR will be completed under the company’s current share repurchase authorization, which has approximately $3.6 billion remaining. Northrop Grumman is a leading global aerospace and defense technology company, providing pioneering solutions to protect and connect the world, and explore the universe.
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Northrop Grumman Corporation (NOC) has released its fourth quarter and full-year 2023 financial results, showcasing its position as a leading global aerospace and defense technology company. The company will webcast its earnings conference call at 9 a.m. Eastern time today, providing investors with valuable insights into its performance and future prospects.
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Northrop Grumman Corporation (NYSE: NOC) will release its fourth quarter and 2023 financial results on Jan. 25, 2024. The company's conference call will be held at 9:00 a.m. Eastern time, where Kathy Warden, CEO, and Dave Keffer, CFO, will review the results. Northrop Grumman is a leading global aerospace and defense technology company, providing innovative solutions for its customers' needs.
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Northrop Grumman Corporation (NOC) conducted a successful full-scale static test fire of a new solid rocket motor, developed in under a year as part of its Solid Motor Annual Rocket Technology Demonstrator (SMART Demo). The test demonstrated several solid rocket motor innovations at the company’s Promontory, Utah, test area, including reduced lead times by 75 percent, advanced long-lead tooling products, components of the solid rocket motor’s nozzle structure constructed with additive manufacturing techniques, a cost-effective solid rocket motor propellant capable of operating at cold temperatures, alternative suppliers, and new materials. Northrop Grumman plans to execute SMART Demo’s annually to invest and advance in solid rocket motor development and propulsion, expanding and strengthening its supplier base, developing five new motors concurrently for the first time, and significantly expanding motor production count by 2030.
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Northrop Grumman Corporation (NOC) authorizes an additional $2.5 billion for stock repurchase, increasing the total to $3.8 billion. The company is a global leader in aerospace and defense technology, providing innovative solutions to connect and protect the world.
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Northrop Grumman Corporation (NYSE: NOC) declares a quarterly dividend of $1.87 per share on Northrop Grumman common stock, payable on Dec. 13, 2023, to shareholders of record as of Nov. 27, 2023. The leading global aerospace and defense technology company aims to equip customers with capabilities to connect and protect the world, and drive human exploration across the universe.
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Company XYZ (XYZ) Announces Acquisition of ABC Corporation, Boosting Market Position
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The Space Development Agency (SDA) has awarded Northrop Grumman Corporation a $732 million agreement to design and build 38 data transport satellites. These satellites will support Tranche 2 Transport Layer – Alpha (T2TL-Alpha), the latest iteration of SDA’s low-Earth orbit Proliferated Warfighter Space Architecture (PWSA). The contract includes supporting ground elements and five years of operations and sustainment. Northrop Grumman was also awarded a contract for Tranche 1 Transport Layer 1 (T1TL). Northrop Grumman's approach is to combine satellite technology and mission experience with commercial partnerships. The PWSA consists of the Transport Layer and the Tracking Layer, designed to provide data connectivity for military missions and detect and track hypersonic and ballistic missiles.
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Northrop Grumman Corporation (NYSE: NOC) will participate in Baird’s 2023 Global Industrial Conference on Nov. 7. Kathy Warden, CEO and president, and Dave Keffer, CFO, will present. Northrop Grumman is a leading global aerospace and defense technology company, providing solutions for connecting, protecting, and exploring the world.
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Northrop Grumman Corporation releases its Q3 2023 financial results.
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FAQ

What is the current stock price of Northrop Grumman (NOC)?

The current stock price of Northrop Grumman (NOC) is $447.96 as of February 21, 2025.

What is the market cap of Northrop Grumman (NOC)?

The market cap of Northrop Grumman (NOC) is approximately 63.4B.

What does Northrop Grumman Corporation do?

Northrop Grumman Corporation provides innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide.

What are the main sectors of Northrop Grumman?

Northrop Grumman operates in four main sectors: Aeronautics, Defense, Mission, and Space Systems.

What significant projects is Northrop Grumman involved in?

Some significant projects include the Integrated Battle Command System (IBCS) for the U.S. Army and the Sentinel program for missile modernization.

How is Northrop Grumman performing financially?

Northrop Grumman recently published its first quarter 2024 financial results, which are available on their investor relations website.

What recent achievements has Northrop Grumman made?

Northrop Grumman recently delivered the IBCS to the U.S. Army and is involved in the Sentinel program and the B-21 Raider flight tests.

Who are the key executives at Northrop Grumman?

Key executives include Kathy Warden, Chair and CEO, and Dave Keffer, CFO.

What career opportunities does Northrop Grumman offer?

Northrop Grumman offers a range of career opportunities for people passionate about advanced technology and its applications in defense and aerospace.

Where can I find Northrop Grumman's financial reports?

Financial reports are available on Northrop Grumman’s investor relations website.

Who can I contact for media inquiries at Northrop Grumman?

For media inquiries, contact Meaghan Cox at meaghan.cox@ngc.com or Christine Denton at christine.denton@ngc.com.

What is the B-21 Raider?

The B-21 Raider is a new long-range bomber aircraft undergoing flight tests at Edwards Air Force Base, California.
Northrop Grumman

NYSE:NOC

NOC Rankings

NOC Stock Data

63.42B
144.06M
0.23%
82.88%
1.34%
Aerospace & Defense
Search, Detection, Navagation, Guidance, Aeronautical Sys
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United States
FALLS CHURCH