Northrop Grumman Stock Price, News & Analysis

Air Industries Group (NYSE American: AIRI) has been honored with a Supplier Excellence Award from Northrop Grumman (NYSE: NOC) for their strategic excellence in military and security solutions. The recognition highlights AIRI's important role in supporting Northrop Grumman's delivery of advanced technologies for national security.

The partnership between the companies dates back decades, beginning with AIRI's supply relationship with Grumman Aerospace Currently, AIRI provides direct support for the E2-D Advanced Hawkeye aircraft and indirect support for the F-35 Lightning II through landing gear components.

Ken Brown, VP of enterprise global supply chain at Northrop Grumman, emphasized the importance of supplier partnerships in delivering next-generation advantages in advanced weapons, aircraft, missile defense, and space. The award acknowledges AIRI's dedication to supporting U.S. Military forces through high-quality performance and operational excellence.

Northrop Grumman (NYSE: NOC) has awarded Applied Aerospace with a Supplier Excellence Award for the third consecutive year, recognizing it among its top 50 supplier partners. The recognition came during the company's annual Supplier Excellence Awards event.

Applied Aerospace, a manufacturer of solutions for commercial and military spacecraft, aircraft, and ground-based systems, has been a key supplier to Northrop Grumman for over 25 years. The company provides innovative and cost-effective composite and metal bonded structures, sub-systems, and control surfaces for military aircraft and spacecraft.

Ken Brown, vice president of enterprise global supply chain at Northrop Grumman, emphasized the supplier's role in delivering technologies that enhance national security for the U.S. and its allies. Applied Aerospace CEO Kevin Bidlack expressed honor in receiving the recognition and highlighted their commitment to embracing customer missions as their own.

Easterly Government Properties (NYSE: DEA) reported its Q4 and full-year 2024 results, highlighting a net income of $5.7 million ($0.05 per share) for Q4 and $20.6 million ($0.19 per share) for the full year. Core FFO reached $32.6 million ($0.29 per share) for Q4 and $126.9 million ($1.17 per share) for the full year.

During Q4, DEA acquired three properties: a 104,136 sq ft facility leased to Northrop Grumman in Aurora, Colorado; a 100,000 sq ft Level 4 secure facility occupied by the IRS in Ogden, Utah; and a 295,253 sq ft campus primarily leased to Wake County Public School System in Cary, North Carolina.

For the full year, DEA completed 10 property acquisitions for approximately $230 million, expanded its investment strategy to include mission-critical facilities leased to private sector government contractors, and maintained a quarterly cash dividend of $0.265 per share. The company also executed a new $400 million revolving credit facility with an accordion feature allowing for up to $300 million in additional commitments.

Looking ahead, DEA raised the lower end of its 2025 Core FFO guidance to $1.18-$1.21 per share, assuming $100 million in wholly owned acquisitions and $25-$75 million in development-related investments.

Northrop Grumman (NYSE: NOC) has announced its board of directors has declared a quarterly dividend of $2.06 per share on common stock. The dividend will be payable on March 19, 2025, to shareholders of record as of the close of business on March 3, 2025.

The company, which positions itself as a leading global aerospace and defense technology company, focuses on providing pioneering solutions for customer capabilities in world connectivity, protection, and space exploration.

Northrop Grumman (NYSE: NOC) has announced its participation in Citi's 2025 Global Industrial Tech and Mobility Conference scheduled for Wednesday, February 19. Kathy Warden, chair, chief executive officer and president, will deliver a presentation starting at 9:40 a.m. Eastern time. The event will be accessible via webcast at the company's investor relations website.

As a leading global aerospace and defense technology company, Northrop Grumman focuses on developing pioneering solutions that enable customers to connect and protect the world while advancing human space exploration. The company emphasizes its commitment to solving customers' challenging problems through its dedicated workforce.

The announcement includes standard forward-looking statements disclaimers, noting that such statements are subject to various risks and uncertainties, and are not guarantees of future performance.

Northrop Grumman (NYSE: NOC) announced the release of its fourth quarter and full-year 2024 financial results. The company has filed the earnings release through Form 8-K and made it available on their investor relations website. A live audio broadcast of the earnings conference call is scheduled for 9 a.m. Eastern time.

Northrop Grumman identifies itself as a leading global aerospace and defense technology company, focusing on providing pioneering solutions for customer capabilities in world connectivity, protection, and space exploration.

Northrop Grumman (NYSE: NOC) has announced it will release its fourth quarter and full-year 2024 financial results on January 30, 2025. The company will post the complete earnings release on its investor relations website before the market opens, followed by a conference call at 9 a.m. Eastern time.

The conference call will be webcast live on the company's investor relations website, with replays available for a time. The presentation may include supplementary slides available on the investor relations homepage.

Northrop Grumman (NYSE: NOC) has announced a new $3 billion share repurchase authorization approved by its board of directors. This addition increases the total outstanding authorized amount to approximately $4.2 billion. The company plans to execute these repurchases through open market or privately negotiated transactions, with timing dependent on market conditions and management's discretion.

Northrop Grumman (NYSE: NOC) has announced its board of directors has declared a quarterly dividend of $2.06 per share on common stock. The dividend will be payable December 18, 2024, to shareholders of record as of the close of business December 2, 2024. Northrop Grumman operates as a global aerospace and defense technology company, focusing on providing pioneering solutions for customer capabilities in world connectivity, protection, and space exploration.