Northrop Grumman Corporation (NOC)

US — Industrials Sector
Peers: GD  TDG  UPS  LHX  LMT  EMR  MMM  WM  HWM  ITW 

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News

Defense cuts wouldn't be a net negative for defense stocks, says TD Cowen's Roman Schweizer
GD, LMT, NOC, RTX
Published: February 14, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's Eamon Javers and TD Cowen's Roman Schweizer, join 'The Exchange' to discuss Trump's comments on halving defense spending and the impact it could have on defense stocks.

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image for news Defense cuts wouldn't be a net negative for defense stocks, says TD Cowen's Roman Schweizer
All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On
ABBV, AM, CAT, CME, CNQ, CP, CSL, DE, DHR, EXR, GE, HD, LB, LHX, LMT, NOC, NSC, ODFL, PEP, REXR, RTX, TPL, UNP, VIG
Published: February 14, 2025 by: Seeking Alpha
Sentiment: Positive

Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend stocks. Focused on wide-moat businesses, I prioritize quality and long-term growth over yield. My portfolio has outperformed the S&P 500, and I'm confident in its future. I expect a rotation to value stocks, and I'll keep sharing insights to grow together.

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image for news All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On
Defense stocks drop after Trump says defense spending could be halved
GD, LMT, NOC
Published: February 13, 2025 by: CNBC
Sentiment: Negative

Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.

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image for news Defense stocks drop after Trump says defense spending could be halved

About Northrop Grumman Corporation (NOC)

  • IPO Date 1981-12-31
  • Website https://www.northropgrumman.com
  • Industry Aerospace & Defense
  • CEO Kathy J. Warden
  • Employees 97000

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.