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Northrop Grumman Corp. - NOC STOCK NEWS

Welcome to our dedicated news page for Northrop Grumman (Ticker: NOC), a resource for investors and traders seeking the latest updates and insights on Northrop Grumman.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Northrop Grumman's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Northrop Grumman's position in the market.

News
Scott Stapp, Former Northrop Grumman Chief Technology Officer, Joins DEFCON AI
Rhea-AI Summary
DEFCON AI announces Brig. Gen. (Retired) Scott Stapp as Chief Technology Officer and Chief Revenue Officer, leading technology, business, and partnership development, and external partnerships. The company aims to address the software and AI deficit within the Department of Defense, starting with logistics, to help the nation's defense sector overcome vulnerabilities in global supply chains. Stapp brings decades of defense department and industry experience, with a focus on driving intelligent military technologies necessary to empower operational planners and leaders to carry out their missions better, faster, and more effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
AI
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News
Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution
Rhea-AI Summary
Northrop Grumman's NGI team completes the All-Up Round Preliminary Design Review (PDR) one year earlier than the original contract date, demonstrating advanced technical capabilities and commitment to accelerating the deployment of a critical homeland defense capability. The NGI solution aims to defend the U.S. homeland from Intercontinental Ballistic Missile (ICBM) threats as part of the Ground-Based Midcourse Defense (GMD) system. The first operational Next Generation Interceptor is forecast to be deployed as early as 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
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News
Northrop Grumman’s 20th Cargo Resupply Mission Successfully Launches to the International Space Station for NASA
Rhea-AI Summary
Northrop Grumman's Cygnus spacecraft successfully launched to the International Space Station, marking its 20th resupply mission. The spacecraft, carrying over 8,200 pounds of supplies, equipment, and science experiments, will remain attached to the station for up to six months. The mission reflects Cygnus's flexibility to launch on various vehicles, demonstrating Northrop Grumman's commitment to support NASA's mission. The spacecraft is named in honor of Dr. Patricia Hilliard Robertson, a NASA astronaut who made significant contributions to human spaceflight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
none
News
Northrop Grumman Prices $2.5 Billion Debt Offering
Rhea-AI Summary
Northrop Grumman Corporation (NYSE: NOC) has announced a $2.5 billion underwritten public offering of senior unsecured notes. The offering includes three tranches of senior notes with varying interest rates and maturity dates. The company plans to utilize the net proceeds for general corporate purposes, including debt repayment, share repurchases, and working capital. The offering is expected to close on January 31, 2024. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
none
-
News
Northrop Grumman Announces $1 Billion Accelerated Share Repurchase Agreement
Rhea-AI Summary
Northrop Grumman Corporation (NOC) has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of its common stock. The company aims to return well over 100% of its free cash flow to shareholders through dividends and share repurchases in 2024. Approximately 1.8 million shares are expected to be delivered on Jan. 31, representing about 80% of the expected share repurchases. The final number of shares to be repurchased will be based on the company’s volume-weighted average price during the term of the transaction, with completion expected no later than the second quarter of 2024. The ASR will be completed under the company’s current share repurchase authorization, which has approximately $3.6 billion remaining. Northrop Grumman is a leading global aerospace and defense technology company, providing pioneering solutions to protect and connect the world, and explore the universe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
buyback
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News
Northrop Grumman Releases Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Northrop Grumman Corporation (NOC) has released its fourth quarter and full-year 2023 financial results, showcasing its position as a leading global aerospace and defense technology company. The company will webcast its earnings conference call at 9 a.m. Eastern time today, providing investors with valuable insights into its performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.33%
Tags
earnings
News
Northrop Grumman Announces Webcast, Conference Call of Fourth Quarter and 2023 Financial Results
Rhea-AI Summary
Northrop Grumman Corporation (NYSE: NOC) will release its fourth quarter and 2023 financial results on Jan. 25, 2024. The company's conference call will be held at 9:00 a.m. Eastern time, where Kathy Warden, CEO, and Dave Keffer, CFO, will review the results. Northrop Grumman is a leading global aerospace and defense technology company, providing innovative solutions for its customers' needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
earnings
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News
Northrop Grumman Successfully Tests a New Solid Rocket Motor Developed in Less Than a Year
Rhea-AI Summary
Northrop Grumman Corporation (NOC) conducted a successful full-scale static test fire of a new solid rocket motor, developed in under a year as part of its Solid Motor Annual Rocket Technology Demonstrator (SMART Demo). The test demonstrated several solid rocket motor innovations at the company’s Promontory, Utah, test area, including reduced lead times by 75 percent, advanced long-lead tooling products, components of the solid rocket motor’s nozzle structure constructed with additive manufacturing techniques, a cost-effective solid rocket motor propellant capable of operating at cold temperatures, alternative suppliers, and new materials. Northrop Grumman plans to execute SMART Demo’s annually to invest and advance in solid rocket motor development and propulsion, expanding and strengthening its supplier base, developing five new motors concurrently for the first time, and significantly expanding motor production count by 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
-
News
Northrop Grumman Announces New $2.5 Billion Share Repurchase Authorization
Rhea-AI Summary
Northrop Grumman Corporation (NOC) authorizes an additional $2.5 billion for stock repurchase, increasing the total to $3.8 billion. The company is a global leader in aerospace and defense technology, providing innovative solutions to connect and protect the world.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
buyback
News
Northrop Grumman Board Declares Quarterly Dividend
Rhea-AI Summary
Northrop Grumman Corporation (NYSE: NOC) declares a quarterly dividend of $1.87 per share on Northrop Grumman common stock, payable on Dec. 13, 2023, to shareholders of record as of Nov. 27, 2023. The leading global aerospace and defense technology company aims to equip customers with capabilities to connect and protect the world, and drive human exploration across the universe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
dividends
Stock NOC logo
Northrop Grumman Corp.

NYSE:NOC

NOC Rankings

#174 Ranked by Market Cap
#2949 Ranked by Stock Gains
#1584 Ranked by Dividends

NOC Stock Data

67.57B
141.05M
0.24%
85.14%
1.23%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
US
Falls Church

About NOC

northrop grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, c4isr, strike, and logistics and modernization to customers worldwide. our employees are driven by a purpose and mission to secure the world. we are searching for candidates who are passionate about advanced technology and equipment, but more so about what the technology can do – and whom it can protect. from families to the intelligence community, from our climate to our men and women in uniform, we're working together to make the world a safer place. across our career areas and around the globe, we see the impact our work has on the world every day. if you want to join a team committed to excellence and making a difference, apply today. let’s do work that matters – together.