FALLS CHURCH, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will participate in the Barclays 41st annual Industrials Select Conference on Thursday, February 22. Kathy Warden, chair, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 9:10 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com. Northrop Grumman is a leading global aerospace and defense ...

FALLS CHURCH, Va., Feb. 13, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $1.87 per share on Northrop Grumman common stock, payable March 13, 2024, to shareholders of record as of the close of business February 26, 2024. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries ...

Northrop Grumman (NOC 0.82%) likes its stock. I mean, really likes it.In December last year, the defense major's board of directors roughly tripled the amount of Northrop Grumman stock that the company was authorized to buy back, to $3.8 billion. Then, just last week, the company further announced that it will "accelerate" that buyback plan by buying a $1 billion slug of its shares all at one go. Inquiring investors want to know: What's the hurry? Why the sudden inspiration to buy so many shares, and all at ...

HUNTSVILLE, Ala., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) delivered the first production Integrated Battle Command System (IBCS) major end item, an Integrated Collaborative Environment (ICE), to the U.S. Army on December 19, 2023. Working at an accelerated pace, the Northrop Grumman team will deliver additional major end items in early 2024 to support the Army's aggressive modernization schedule. As part of the Low-Rate Initial Production award, Northrop Grumman is producin ...

HUNTSVILLE, Ala., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE:NOC) Next Generation Interceptor team completed its All-Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA) on January 26. Meeting the demands of the mission, the Northrop Grumman Next Generation Interceptor team continues to accelerate the progress on deploying a critical homeland defense capability to the U.S. warfighter. Northrop Grumman's Next Generation Interceptor ...

CAPE CANAVERAL, Fla., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) Cygnus cargo delivery spacecraft was successfully launched to the International Space Station today by SpaceX's Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida. This is the company's 20th resupply mission, designated as NG-20. Northrop Grumman's Cygnus spacecraft for the NG-20 cargo delivery mission to the International Space Station launched from Cape Canaveral Sp ...

Northrop Grumman NOC, +0.08% has entered into a $1 billion accelerated share buyback agreement with Morgan Stanley & Co.The Falls Church, Va.-based defense contractor said it expected to receive about 1.8 million shares on Jan. 31, which represents about 80% of the buybacks under the repurchase deal based on the Jan. 29 closing price.The agreement will be completed under Northrop Grumman’s current share buyback authorization, which has about $3.6 billion remaining. Northrop Grumman said it expected the buyb ...

FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) ("Northrop Grumman") announced today that it has priced a $2.5 billion underwritten public offering of senior unsecured notes. The notes include: $500 million of 4.600% senior notes due 2029 $850 million of 4.900% senior notes due 2034 $1.15 billion of 5.200% senior notes due 2054 Northrop Grumman expects to use the net proceeds from the offering for general corporate purposes, which may include debt repayment (incl ...

FALLS CHURCH, Va., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of Northrop Grumman's common stock. The company continues to target returning well over 100% of its free cash flow to shareholders through dividends and share repurchases in 2024. Under the ASR agreement, Northrop Grumman expects to receive an initial delivery of approximate ...

Northrop Grumman Corp.’s stock fell by 6% Thursday after the defense contractor posted a fourth-quarter loss on costs associated with the production launch of its B-21 stealth bomber. The company also signaled that it could face cost overruns on the bomber, which is able to fly without human pilots onboard. Northrop NOC, -5.91% and other defense contractors are facing higher costs and a reduced chance of receiving inflation payments from the U.S. government. Northrop said it lost $535 million, or $3.54 a ...