NORTHROP GRUMMAN CORP NOC 75.12
Industrials · NYSE · Data as of 2026-10-20
NORTHROP GRUMMAN CORP (NOC) has delivered +6.0% annualized revenue growth, +6.2% earnings growth, and +7.7% dividend growth over 10 years of data. Ranked #176 of 1968 stocks overall and #43 of 442 in the Industrials sector by Steady Score.
About NORTHROP GRUMMAN CORP
Company Overview
Northrop Grumman develops and manufactures aerospace and defense systems for government customers. Its work includes military aircraft, autonomous systems, missiles, radar, battle-management networks, spacecraft, satellites and strategic deterrent systems. The United States government is the principal customer, with additional sales to allied governments. Programs support missions in air, land, sea, space and the electromagnetic spectrum.
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Business Model & Revenue
Revenue is earned mainly under long-term government contracts for development, production and sustainment. Contracts may be fixed-price, cost-reimbursement or a mix, and revenue is often recognized as work progresses. Aeronautics Systems, Defense Systems, Mission Systems and Space Systems group the portfolio. Backlog provides multi-year visibility, but profitability depends on technical execution, contract estimates, supply chains and government funding decisions.
Key Facts & Market Position
Northrop Grumman is a prime contractor on highly classified and technically complex programs, including strategic and space systems with long development cycles. Security clearances, specialized facilities and integration capabilities are essential to the work. Customer concentration in the U.S. government is substantial, making defense priorities, appropriations and program performance central business factors.