NOC · Northrop Grumman Corporation

Northrop Grumman Corp NOC

Designs and manufactures military aircraft, space systems, missile defense systems, and naval vessels for defense and government customers.

Industry
Aerospace & Defense
Listed on
New York Stock Exchange
IPO
1951-12-10
Website
northropgrumman.com

Daily brief

Northrop Grumman gains on $4.8 billion Army deal and Guggenheim buy call

-0.09% to $530.78 from $531.25

What moved NOC

  • The U.S. Army awarded Northrop Grumman a $4.8 billion contract for its Common Infrared Countermeasure system, running through September 2035.
  • Guggenheim Securities initiated coverage on Northrop Grumman with a Buy rating and $612 price target as part of a broader bullish call on defense contractors.
  • Northrop Grumman raised its 2026 sales guidance to a range of $43.8 billion to $44.3 billion, up from a prior $43.5 billion-$44.0 billion range.

Sources: Investing.com · Yahoo Finance

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