Northrop Grumman(US:NOC)2025-04-23 05:00Financial Performance - First quarter sales decreased by 7% from $10.133 billion in 2024 to $9.468 billion in 2025[16] - Segment operating income decreased by 49% from $1.104 billion in 2024 to $568 million in 2025[17] - Q1 2025 Diluted EPS was $3.32, compared to $6.32 in Q1 2024[19] - Free cash flow decreased by 87% from negative $976 million in 2024 to negative $1.821 billion in 2025[43] Guidance - The company expects 2025 organic sales growth of 3% to 4%[12] - The company expects 2025 free cash flow growth of 16% at the midpoint[12] - Sales guidance for 2025 is $42 billion to $42.5 billion[21] - Free cash flow guidance for 2025 is $2.85 billion to $3.25 billion[21] Segment Performance - Aeronautics Systems sales decreased by 8% from $3.044 billion to $2.814 billion, with a significant B-21 adjustment impacting operating income[16, 17] - Space Systems sales decreased by 18% from $3.149 billion to $2.568 billion[16]