Northrop Grumman Stock Price, News & Analysis

Northrop Grumman (NYSE: NOC) will unveil the B-21 Raider in December at its Palmdale, California facility, marking a significant milestone in military aviation. The B-21 is touted as the most advanced military aircraft, showcasing Northrop Grumman's cutting-edge technology, including breakthrough stealth features. Six test aircraft are currently in final assembly, with the first flight anticipated in 2023, contingent on ground tests. This project reflects the collaboration between Northrop Grumman and the U.S. Air Force to deliver sixth-generation aircraft for challenging environments.

Northrop Grumman has been chosen by the U.S. Department of the Air Force to join the Advanced Battle Management System Digital Infrastructure Consortium, alongside four industry partners. This initiative aims to enhance data-centric capabilities for the Air Force and Space Force. Northrop Grumman will leverage its expertise in systems engineering and secure connectivity to support the Department of Defense's JADC2 concept. The consortium's focus areas include secure processing, connectivity, data management, and open architecture to enable rapid deployment and improved decision-making in multi-domain battlespaces.

Northrop Grumman (NYSE: NOC) will participate in the Morgan Stanley 10th Annual Laguna Conference on Sept. 14, 2022. CEO Kathy Warden and CFO Dave Keffer will present at 11:10 a.m. Eastern Time, with a live webcast available at investor.northropgrumman.com.

The company, a leader in global security and technology, strives to solve complex challenges through innovation and has a dedicated workforce of 90,000 employees.

Statements made at the conference may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995.

Northrop Grumman Corporation (NYSE: NOC) has announced a quarterly dividend of $1.73 per share, payable on September 14, 2022. Shareholders of record as of the close of business on August 29, 2022 will receive this dividend. This announcement underscores Northrop Grumman's commitment to returning value to its investors while continuing to focus on global security and technological advancements.

Northrop Grumman has secured a contract worth $3.29 billion from the Missile Defense Agency for the Ground-based Midcourse Defense Weapon System (GWS) program. This contract aims to enhance the U.S. defense against missile threats through design, development, and deployment support. Northrop Grumman, as the prime contractor, will leverage advanced technologies, including a DevSecOps approach, to modernize the existing GMD system. The project emphasizes close collaboration with the MDA and the integration of the Next Generation Interceptor fleet, showcasing Northrop Grumman's commitment to missile defense innovation.

Northrop Grumman Corporation (NYSE: NOC) announced its Q2 2022 financial results in a press release dated July 28, 2022. The earnings release is accessible via their Form 8-K filing and on the investor relations website. A live audio broadcast of the earnings conference call is scheduled for 9 a.m. Eastern time today. The company continues to focus on delivering technology solutions for global security and human discovery, emphasizing its commitment to solving critical challenges for the U.S. and its allies.

Northrop Grumman is advancing additive manufacturing (AM) to transform traditional manufacturing processes. Through 3D printing, the company is producing complex designs quickly and cost-effectively, enhancing agility in production. Over $70 million has been invested, leading to over 5,000 AM parts now integrated into its platforms. Notable projects include contributions to NASA's Artemis I mission and the Archinaut project. By fostering educational partnerships, Northrop is cultivating future manufacturing leaders, strengthening ties with the U.S. Navy and Marine Corps.

Northrop Grumman (NYSE: NOC) has successfully completed the third captive flight test of its prototype missile development series, aimed at enhancing capabilities for targeting enemy air defense systems. Conducted at Naval Air Weapons Station China Lake, the test validated the missile’s ability to identify and track targets during flight maneuvers. The design incorporates advanced features for rapid upgrades to counter evolving threats, building on existing work with the U.S. Navy's AGM-88G AARGM-ER program. Live fire testing is expected to commence later this year, with additional flight tests planned.