Northrop Grumman is a leading global aerospace and defense technology company that specializes in the design, development, and production of advanced systems and products for government and commercial customers
The company operates across various sectors, including autonomous systems, cyber, space, and missile defense, and focuses on delivering innovative solutions that enhance national security and promote global stability. With a commitment to technological advancement and sustainable practices, Northrop Grumman plays a critical role in providing integrated capabilities to address complex challenges in a rapidly evolving security landscape.
Security and aerospace company Northrop Grumman (NYSENOC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $10.69 billion. The company’s full-year revenue guidance of $42.25 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $8.66 per share was 36% above analysts’ consensus estimates.
FALLS CHURCH, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSENOC) has released its fourth quarter and full-year 2024 financial results. A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
The Trump administration is offering federal workers a resignation program, causing concern that loyalists will replace them. Potential impacts on economy.
Defense contractors L3Harris Technologies and Northrop Grumman are set to report fourth-quarter financial results on Thursday before the opening bell. Here's a look at what investors and analysts are looking for in the reports:
White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
PALM BEACH, Fla. , Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or Autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in Search And Rescue, national defense, military exercises, and others. According to a report from The Business Research Company, the military drones market size has grown strongly in recent years. It will grow from $15.93 billion in 2024 to $17.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing military expenditure, increasing the use of military drones, increasing government funding for military drones and low interest rates. The report said: “The military drones market size is expected to see strong growth in the next few years. The growth in the forecast period can be attributed to an increase in government funds and increasing internal and external security threats. Major trends in the forecast period include strategic mergers and acquisitions, focus on use of 3D printing, use of the internet of things (IoT), focus on implementing autonomous systems and focusing on implementing emerging technologies such as artificial intelligence (AI).” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Northrop Grumman Corporation NYSE: NOCNYSENOC)(NASDAQ: AVAVNASDAQAVAV, The Boeing Company (NYSE: BANYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).
President Donald Trump has called for NATO members to significantly increase their spending on defense, suggesting a target of 5% of gross domestic product to go toward military spending.
Vivek Ramaswamy, co-leader of President-elect Donald Trump's Department of Government Efficiency, is expected to step down from his position, potentially complicating the administration's ambitious federal spending reduction goals.
Missed your chance to invest in Astra Space? Have no fear. There's still time to invest in Rocket Lab, Airbus, Boeing, Lockheed Martin, and Northrop Grumman.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Dow, S&P 500, and Nasdaq gained 3.7%, 2.9%, and 2.5% this week, respectively, with all three posting their strongest advances in weeks.
Investors in aerospace and defense should favor RTX over Boeing, which faces uncertainty. Northrop Grumman and ATI are also in focus for their potential in the industry.
