Northrop Grumman Announces New $3 Billion Share Repurchase Authorization

Core Points - Northrop Grumman Corporation has authorized an additional $3 billion for stock repurchase, raising the total authorized amount to approximately $4.2 billion [1] - The share repurchases will occur periodically, depending on market conditions and management's discretion, either in the open market or through privately negotiated transactions [1] Company Overview - Northrop Grumman is a leading global aerospace and defense technology company, providing pioneering solutions that equip customers with necessary capabilities for global connectivity and protection [2] - The company is committed to solving complex problems for its customers, with employees dedicated to redefining what is possible every day [2]