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With a market cap of $63.5 billion, Northrop Grumman Corporation (NOC) is a leading global aerospace and defense technology company specializing in advanced systems and solutions across multiple domains. With a strong presence in the United States and internationally, the company delivers cutting-edge capabilities in autonomous systems, cybersecurity, C4ISR, strike, and logistics.
Shares of the defense contractor have lagged behind the broader market over the past 52 weeks. NOC has declined 1.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.3%. Mowever, shares of NOC are down 6.5% on a YTD basis, compared to SPX’s nearly 4% gain.