Northrop Grumman: Strong Backlog And FCF Generation Justify Higher Valuation

Core Viewpoint - Northrop Grumman (NYSE: NOC) shares have increased by approximately 20% since the last analysis, yet the growth potential is still deemed to exceed the associated risks, maintaining a Buy rating at the current price of $576 per share [1]. Company Summary - Northrop Grumman's stock performance reflects a significant increase of about 20% since the previous article, indicating strong market interest and confidence in the company's future prospects [1]. - The current share price of $576 is viewed as favorable, suggesting that the company's growth potential remains robust despite recent gains [1].