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The Latest Breaking News from Northrop Grumman Corp

B-2 Stealth Bomber Roars Over Trump-Putin Stage In Alaska — Russian President Gazes Skyward At Nuclear-Capable Jet That Hit Iranian Sites In June

On Friday, the U.S. put its military power on vivid display as a B-2 Spirit stealth bomber, built by Northrop Grumman Corp. (NYSE:NOC) thundered overhead during President Donald Trump's high-stakes meeting with Russian President Vladimir Putin.

Lockheed Martin Tops Defense Peers In Capital Efficiency — But Market Isn't Impressed

Lockheed Martin Tops Defense Peers In Capital Efficiency — But Market Isn't Impressed

Lockheed Martin Corp. is a defense company that uses its capital to generate profits most efficiently as compared to its peers; however, the year-over-year growth of this specific metric has been tepid.

Australia to decide on further Triton maritime drone orders after defence review

Australia to decide on further Triton maritime drone orders after defence review

Australia will decide on whether to order up to four more Northrop Grumman Corp MQ-4C Triton maritime surveillance drones after a defence review next year, a Royal Australian Air Force (RAAF) official said.

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Incredible 'deepest ever' view of cosmos as NASA telescope peers back to dawn of time

NASA's James Webb Space Telescope is the most powerful ever launched and has been designed to peer through the cosmos to the dawn of the universe

BWX Technologies Secures Contract To Build Nuclear Microreactor In US

BWX Technologies, Inc. (NYSE:BWXT) has secured a contract from the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO) to build the first advanced nuclear microreactor in the U.S. BWXT Advanced Technologies LLC will build the prototype in Lynchburg, Virginia, and Euclid, Ohio, under a cost-type contract valued at around $300 million, depending…

Northrop Grumman's Q1 Bottom-Line Beats Street View; Reaffirms FY22 Guidance

Northrop Grumman Corp (NYSE:NOC) reported a first-quarter FY22 sales decline of 4% year-over-year to $8.79 billion, -2% on an organic basis, missing the consensus of $8.88 billion. Sales by segments: Aeronautics Systems $2.7 billion (-10% Y/Y), Defense Systems $1.28 billion (-18% Y/Y), Mission Systems $2.49 billion (-4% Y/Y), and Space Systems $2.86…

Northrop Grumman, AT&T Partner To Power 5G-Enabled Defense Capabilities

Northrop Grumman Corp (NYSE:NOC) and AT&T Inc (NYSE:T) have agreed to collaborate to research and develop a digital battle network powered by AT&T 5G and Northrop Grumman's advanced mission systems, to support the U.S. Department of Defense (DoD). The collaboration plans to deliver a cost-effective, scalable, open-architecture solution that will help the DoD connect distributed…

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Here's How Analysts Reacted To Northrop Grumman's Q4 Results

Here's How Analysts Reacted To Northrop Grumman's Q4 Results

Susquehanna analyst Charles Minervino raised Northrop Grumman Corp's (NYSE:NOC) price target to $437 (an upside of 15.8%) from $416 and maintained a Positive rating on the shares. The analyst mentions that program timing, pension, and tax charges continue to pose short-term hurdles that will pass in due time. Minervino remains positive rating on the shares…

Northrop Grumman Stock Slips After Q4 Revenue Miss, Moderate FY22 Outlook; Boosts Buyback

Northrop Grumman Stock Slips After Q4 Revenue Miss, Moderate FY22 Outlook; Boosts Buyback

Northrop Grumman Corp (NYSE:NOC) reported a fourth-quarter FY21 sales decline of 15% year-over-year to $8.64 billion, -10% on an organic basis, missing the consensus of $8.99 billion. Sales by segments: Aeronautics Systems $2.63 billion (-25% Y/Y), Defense Systems $1.38 billion (-28% Y/Y), Mission Systems $2.52 billion (-8% Y/Y), and Space Systems $2.66 billion (+4%…

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