Defense demand cycle
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Northrop Grumman Corporation (NOC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript
Seeking Alpha· 2026-02-18 19:15
Core Viewpoint - The defense industry is experiencing an unprecedented demand cycle globally, which is expected to sustain over time [3]. Company Focus - The company has been investing in its capabilities and capacity for several years to meet the needs of the U.S. and its allies in the current competitive environment [3]. - Strong top-line growth has been observed, with expectations for this trend to continue [3]. Financial Guidance - The company's guidance for 2026 indicates mid-single-digit growth [4]. - There is an expectation of expanding margins, with segment operating margins projected to be in the low to mid-11% range for the current year [4].