The B-21 Raider continues its flight test campaign at Edwards Air Force Base, California. (Photo Credit: Northrop Grumman) EDWARDS AIR FORCE BASE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- (PHOTO RELEASE) Northrop Grumman Corporation's (NYSE:NOC) B-21 Raider continues its flight test campaign at Edwards Air Force Base, California, led by a Combined Test Force (CTF) comprised of Northrop Grumman and U.S. Air Force personnel. CTF test pilots indicate the jet is performing as expected with the aircraft flying l ...

The B-21 Raider continues its flight test campaign at Edwards Air Force Base, California. (Photo Credit: Northrop Grumman) EDWARDS AIR FORCE BASE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- (PHOTO RELEASE) Northrop Grumman Corporation's (NYSE: NOC) B-21 Raider continues its flight test campaign at Edwards Air Force Base, California, led by a Combined Test Force (CTF) comprised of Northrop Grumman and U.S. Air Force personnel. CTF test pilots indicate the jet is performing as expected with the aircraft flying ...

Northrop Grumman Corp. (NOC) recently secured a modification contract for the Integrated Air and Missile Defense Battle Command System (IBCS). The award has been offered by the Army Contracting Command, Redstone Arsenal, AL. Valued at $49 million, the contract is expected to be completed by Mar 31, 2025. The work related to this deal will be executed at Huntsville, AL. The contract includes foreign military sales to Poland. What's Favoring Northrop? Growth Prospects The global peace index reflects an unstab ...

Northrop Grumman is great at building military airplanes. So why does it want to go back to doing something it's not as good at? Thirteen years ago, military aerospace and shipbuilding giant Northrop Grumman (NOC -0.10%) made the strategic decision to jettison its shipbuilding unit and focus its business on aerospace instead. At the time of the spinoff, the rejected unit, Huntington Ingalls (HII -0.22%), was valued at approximately $2.5 billion in market capitalization, leaving the rest of Northrop Grumman ...

Northrop Grumman Corp. (NOC) recently announced that its board of directors approved a 10% hike in its quarterly dividend to $2.06 per share, marking the 21st consecutive annual dividend hike. The revised quarterly dividend is payable on Jun 10, 2024, to shareholders of record at the close of business on May 28. Following the recent hike, Northrop will now pay out an annual dividend of $8.24 per share. This represents an annual dividend yield of 1.75% based on its share price worth $470.69 as of May 15. NOC ...

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 of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: Jessica Kershaw (Media) 410-271-0540 jessica.kershaw@ngc.com Todd Ernst (Investors) 703-280-4535 (office) todd.ernst@ngc.com FALLS CHURC ...

Roeder was elected president of Defense Systems in October 2022. Prior to this, she was vice president and general manager of the Airborne Multifunction Sensors division in the Mission Systems sector. In her 22-year career with Northrop Grumman, she has led many different businesses and functions for the company. She holds a bachelor's degree in computer engineering from Virginia Tech. In his 26-year career with Northrop Grumman, Davies has held many leadership positions, including general manager for Missi ...

Matthis Arrivet In November 2023, I covered Northrop Grumman Corporation (NYSE:NOC) stock, assigning it a Hold rating as I believed the stock was fairly valued. That call seems to have been about right given that the stock returned less than 2% while the S&P 500 (SP500) returned nearly 22%. In this report, I will discuss why shares have underperformed, analyze the most recent results, and assess whether the stock is any more compelling today to warrant a Buy rating. B-21 Stealth Bomber Is Seeing Increasing ...

Northrop Grumman (NOC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this defense contractor have returned +4%, compared to the Zacks S&P 500 composite's -4.1% change. During this period, the Zacks Aerospace - Defense industry, which Northrop Grumman falls in, has lost 9.2%. The key question now is: What could be the stock's future direction?Whil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 80-0640649 2980 Fairview Park Drive Falls Church, Virginia 22042 (Address of ...