Northrop Grumman Corp
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Last report3 of 8 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
+4.57%
vs ±6.8% implied · ×0.67
shaded = implied · ▲▼ = realized
SentenceSales to the U.S. government accounted for 84 percent, 87 percent and 86 percent of sales during the years ended December 31, 2025, 2024 and 2023, respectively.
basisNOC FY2025 revenue $42.0B
NOC 10-Kaccession 0001133421-26-000003
SentenceIn fiscal 2026, RTX Corporation accounted for 15% of our total net revenues, Lockheed Martin accounted for 11% of our total net revenues, and Northrop Grumman accounted for 10% of our total net revenues.
basisMRCY FY2025 revenue $912MNOC FY2025 revenue $42.0BFY mismatch
SentenceWe had significant sales in 2025 to Lockheed Martin Corporation ("Lockheed"), Northrop Grumman Corporation ("Northrop"), RTX Corporation ("RTX"), and TransDigm Group Inc. ("TransDigm"), which completed its acquisition of the Simmonds Precision Products, Inc. business of Goodrich Corporation from RTX Corporation based on TransDigm's announcement on October 6, 2025, in our defense technologies end-use market.
SentenceA representative list of non-government customers during 2024 included tier one, large U.S. Government contractors and system integrators such as Northrop Grumman, Lockheed Martin, General Dynamics, Raytheon Technologies, BAE Systems, and L3Harris, as well as Intelsat, Blue Halo, Microsoft, Amazon, Siemens, Rolls Royce, Boom, GE Aerospace and others.
SentenceMQ-4C Triton, which provides wide area strategic ISR over vast ocean and coastal regions for maritime domain awareness to the U.S. Navy and Australia;
NOC 10-Kaccession 0001133421-25-000006
SentenceE-2D Advanced Hawkeye battle management aircraft production for the U.S. Navy, Japan, and France;
NOC 10-Kaccession 0001133421-25-000006
SentenceE-2D Advanced Hawkeye battle management aircraft production for the U.S. Navy, Japan, and France;
NOC 10-Kaccession 0001133421-25-000006
SentenceMissile defense systems, interceptors, targets, mission processing and boosters for the Missile Defense Agency's (MDA) Ground-based Midcourse Defense Weapon Systems (GWS);
NOC 10-Kaccession 0001133421-25-000006
SentenceCygnus spacecraft, used in the execution of our Commercial Resupply Services (CRS) contracts with NASA to resupply and re-boost the International Space Station;
NOC 10-Kaccession 0001133421-25-000006
SentenceNorth Atlantic Treaty Organization (NATO) Alliance Ground Surveillance (AGS), a Global Hawk variant, for strategic ISR missions conducted in multinational theater operations.
NOC 10-Kaccession 0001133421-25-000006
SentenceIntegrated Battle Command System (IBCS) for the U.S. Army and Poland, which is an open architecture system that seamlessly integrates sensors and effectors to deliver among the most advanced C2 systems for joint and coalition forces;
NOC 10-Kaccession 0001133421-25-000006
SentenceSignificant 2024 new awards include $11.8 billion for restricted programs (primarily at Aeronautics Systems, Mission Systems, and Space Systems), $3.5 billion for the Take Charge and Move Out (TACAMO) mission, $3.5 billion for F-35 (primarily at Aeronautics Systems), $2.4 billion for E-2, $1.8 billion for Next-Gen OPIR Polar, $0.9 billion for Poland IBCS, and $0.8 billion for certain military ammunition programs.
NOC 10-Kaccession 0001133421-25-000006
SentenceRQ-4 Global Hawk, which provides high resolution imagery of land masses for theater awareness and strategic ISR to the U.S. Air Force, Japan, and the Republic of Korea;
NOC 10-Kaccession 0001133421-25-000006
SentenceSpace Development Agency Tracking and Transport layers providing missile warning/tracking and resilient, low-latency, high-volume data transport communication systems;
NOC 10-Kaccession 0001133421-25-000006
SentenceIn 2015, the U.S. Air Force awarded Northrop Grumman the B-21 contract, which includes a base contract for engineering and manufacturing development (EMD) and five low-rate initial production (LRIP) options for a baseline total of 21 aircraft.
NOC 10-Kaccession 0001133421-25-000006
SentenceIntegrated Battle Command System (IBCS) for the U.S. Army and Poland, which is an open architecture system that seamlessly integrates sensors and effectors to deliver among the most advanced C2 systems for joint and coalition forces;
NOC 10-Kaccession 0001133421-25-000006
SentenceWe deliver a broad range of products, services and solutions to U.S. and international customers, and principally to the U.S. Department of Defense (DoD) and intelligence community.
NOC 10-Kaccession 0001133421-25-000006
SentenceOur primary customer is the U.S. government, from which we derived 87 percent of our sales in 2024; we have a number of large programs with the U.S. Department of the Air Force, in particular.
NOC 10-Kaccession 0001133421-25-000006
SentenceAPR-39 DV(2) and EV(2) Radar Warning Receiver programs, which provide a digital radar warning receiver for the U.S. Army, Navy and Marines;
NOC 10-Kaccession 0001133421-25-000006
Northrop Grumman Corp
558.18
Northrop Grumman has 9 disclosed suppliers and 18 disclosed customers in SEC filings.
Expected move
Inputsspot 557.54exp Feb 19ATM strike 560ATM straddle 72.20IV 30%