The Latest Breaking News from Northrop Grumman Corp

Ukraine is reportedly promising to buy $100 billion worth of American weapons, financed by Europe, in return for a security guarantee by the U.S.

On Friday, the U.S. put its military power on vivid display as a B-2 Spirit stealth bomber, built by Northrop Grumman Corp. (NYSE:NOC) thundered overhead during President Donald Trump's high-stakes meeting with Russian President Vladimir Putin.

NASA's James Webb Space Telescope is the most powerful ever launched and has been designed to peer through the cosmos to the dawn of the universe

BWX Technologies, Inc. (NYSE:BWXT) has secured a contract from the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO) to build the first advanced nuclear microreactor in the U.S.  BWXT Advanced Technologies LLC will build the prototype in Lynchburg, Virginia, and Euclid, Ohio, under a cost-type contract valued at around $300 million, depending…

Northrop Grumman Corp (NYSE:NOC) reported a first-quarter FY22 sales decline of 4% year-over-year to $8.79 billion, -2% on an organic basis, missing the consensus of $8.88 billion. Sales by segments: Aeronautics Systems $2.7 billion (-10% Y/Y), Defense Systems $1.28 billion (-18% Y/Y), Mission Systems $2.49 billion (-4% Y/Y), and Space Systems $2.86…

Northrop Grumman Corp (NYSE:NOC) and AT&T Inc (NYSE:T) have agreed to collaborate to research and develop a digital battle network powered by AT&T 5G and Northrop Grumman's advanced mission systems, to support the U.S. Department of Defense (DoD). The collaboration plans to deliver a cost-effective, scalable, open-architecture solution that will help the DoD connect distributed…

Susquehanna analyst Charles Minervino raised Northrop Grumman Corp's (NYSE:NOC) price target to $437 (an upside of 15.8%) from $416 and maintained a Positive rating on the shares. The analyst mentions that program timing, pension, and tax charges continue to pose short-term hurdles that will pass in due time.  Minervino remains positive rating on the shares…

Northrop Grumman Corp (NYSE:NOC) reported a fourth-quarter FY21 sales decline of 15% year-over-year to $8.64 billion, -10% on an organic basis, missing the consensus of $8.99 billion. Sales by segments: Aeronautics Systems $2.63 billion (-25% Y/Y), Defense Systems $1.38 billion (-28% Y/Y), Mission Systems $2.52 billion (-8% Y/Y), and Space Systems $2.66 billion (+4%…