Northrop Grumman Corp
NYSE:NOC

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Northrop Grumman Corp Logo
Northrop Grumman Corp
NYSE:NOC
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Price: 553 USD -0.06% Market Closed
Market Cap: 78.9B USD

Northrop Grumman Corp
Investor Relations

In the intricate world of aerospace and defense, Northrop Grumman Corp. stands as a towering figure, synonymous with innovation and resilience. Spanning a legacy that traverses nearly a century, the company has expertly navigated the complex demands of military and technology landscapes. Operating with a precision akin to the products it engineers, Northrop Grumman is a key player in the development of advanced systems designed to ensure security and technological superiority. With a deep-rooted specialty in producing cutting-edge aircraft, space systems, and cybersecurity solutions, it has embedded itself as a steadfast partner of various governmental agencies, primarily the U.S. Department of Defense, making a significant mark by offering products that range from stealth bombers to drone aircraft and missile defense systems.

Central to Northrop Grumman's revenue generation is its ability to harness long-term contracts and sustain relationships with military and intelligence agencies. Through a strategic blend of robust research and development, innovative engineering, and a commitment to collaboration, the company crafts bespoke solutions that meet the evolving threats faced by nations today. Its financial model is reinforced by a diverse portfolio that spans sectors from aerospace systems to mission systems and space technology. Unwavering focus on pushing technological boundaries has cemented Northrop Grumman's position not merely as a defense contractor, but as a pivotal entity driving forward technological advancements in national security and defense infrastructure.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 21, 2025
AI Summary
Q3 2025

Revenue Growth: Northrop Grumman reported Q3 sales of $10.4 billion, up 4% from last year and 5% organically, with strong growth across most segments and particularly high international sales.

Margins & EPS: Segment operating margin rose to 12.3% and earnings per share increased 10% to $7.67, driven by strong operational performance and margin expansion.

Guidance Updates: 2025 full-year revenue guidance was lowered to $41.7–$41.9 billion due to delayed program awards, but EPS guidance was raised to $25.65–$26.05, and free cash flow guidance was reaffirmed.

Backlog & Demand: Book-to-bill reached 1.17 in the quarter, with a robust backlog and expectations for continued strong demand, especially internationally where sales grew 20% year-to-date.

Key Programs: Significant progress was made on the B-21 program (including flight testing and production acceleration discussions), missile defense (notably GMD and IBCS), and solid rocket motors.

2026 Outlook: Management expects mid-single-digit organic sales growth, growth in all segments, segment operating margin in the low-to-mid 11% range, and free cash flow of $3.1–$3.5 billion.

Supply Chain & Investments: The company highlighted proactive supply chain management, especially in microelectronics, and ongoing above-industry investments in capacity, R&D, and digital infrastructure.

Key Financials
Revenue
$10.4B
Segment Operating Margin
12.3%
Earnings Per Share
$7.67
Free Cash Flow
$1.3B (Q3)
Book-to-Bill
1.17
International Sales Growth
32% in Q3; 20% year-to-date
Aeronautics Revenue
$3.1B
Defense Systems Revenue
nearly $2.1B
Mission Systems Operating Margin
16.7%
Space Systems Revenue
$2.7B
Defense Systems Operating Margin
11.4%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Timothy H. Jones
Corporate VP & President of Aeronautics Systems Sector

Timothy H. Jones is a prominent executive at Northrop Grumman Corporation, currently serving as Corporate Vice President and President of the company's Global Operations. In this role, he is responsible for overseeing the company's worldwide operations and ensuring the delivery of high-quality products and services to its customers. With a background in engineering and leadership, Jones has contributed significantly to Northrop Grumman's success in the aerospace and defense industries. He joined the company with a wealth of experience and has held several key positions where he has been instrumental in driving operational excellence and innovation. Jones has a reputation for strategic thinking and a focus on continuous improvement, leading initiatives that enhance efficiency and effectiveness across the company's various business units. His leadership style and commitment to excellence have made him a valuable asset to Northrop Grumman and a respected figure in the industry. Throughout his career, Jones has been dedicated to advancing the capabilities of Northrop Grumman, ensuring it remains at the forefront of technology and defense solutions. His contributions have helped the company maintain its position as a global leader in the defense and aerospace sectors. He holds degrees in engineering and business management, which have provided him with a strong foundation for his roles in operations and leadership. His educational background, combined with his extensive experience, enables him to effectively navigate the complexities of global operations and drive the company's strategic objectives.

Ms. Roshan Roeder
Corporate VP & President of Mission Systems

Roshan Roeder is a prominent executive at Northrop Grumman Corporation, a leading global aerospace and defense technology company. As of the latest updates, she serves as the corporate vice president and president of the Defense Systems sector at Northrop Grumman. In this role, she is responsible for overseeing the operations and strategic direction of the sector, which provides a wide range of defense products and services to the United States military and other international customers. Roeder has been with Northrop Grumman for over two decades, during which she has held various leadership positions across different sectors within the company. Her career has been marked by significant contributions to the growth and innovation of Northrop Grumman’s defense capabilities. She is known for her leadership in advancing complex technologies and fostering collaboration across different business units to meet the evolving needs of defense and security. Roshan Roeder holds a Bachelor’s degree in Business Administration from the University of Texas at Austin and a Master’s degree in Business Administration from Harvard Business School. Her extensive experience and expertise in business strategy and defense systems have made her a key figure in the aerospace and defense industry. Under her leadership, Northrop Grumman Defense Systems continues to focus on delivering cutting-edge solutions to ensure the safety and security of its clients worldwide.

Mr. Matthew F. Bromberg
Corporate Vice President of Global Operations

Matthew F. Bromberg is a notable executive in the defense and aerospace industry, currently serving as a senior leader at Northrop Grumman Corporation. With a strong background in engineering and business management, Bromberg has played a key role in shaping strategic initiatives and driving technological advancements within the company. Before joining Northrop Grumman, Bromberg held significant positions in other major defense and aerospace organizations. His career is marked by extensive experience in program management, operations, and business development. At Northrop Grumman, he has been instrumental in overseeing critical projects and fostering innovations in defense systems and technologies. Bromberg’s leadership style is characterized by a focus on collaboration, efficiency, and customer satisfaction, ensuring that Northrop Grumman maintains its competitive edge in the industry. His contributions have not only strengthened the company’s market position but have also enhanced its capabilities in delivering cutting-edge solutions to meet the evolving needs of national security. Additionally, Bromberg is known for his efforts in promoting diversity and inclusion within the workforce, recognizing their importance in fostering a dynamic and innovative organizational environment. His commitment to excellence and forward-thinking approach continue to make a significant impact on the company and the broader aerospace and defense sector.

Mr. Rajender K. Chandhok
Vice President of Trust Administration and Investments

Rajender K. Chandhok is a prominent executive at Northrop Grumman Corporation, where he holds the position of Corporate Vice President and Chief Information Officer (CIO). In this role, Chandhok is responsible for the enterprise-wide information technology strategy, and services, with a strong focus on ensuring the security and effectiveness of Northrop Grumman's IT infrastructure. Before joining Northrop Grumman, Chandhok amassed considerable experience in IT leadership, primarily during his tenure at KPMG, where he spent nearly a decade in various technology and security roles, including Chief Information Security Officer. His career also includes significant assignments at NASA's Jet Propulsion Laboratory and Intel Corporation, where he specialized in network and communication technology. His extensive expertise in cybersecurity, information systems, and technology strategy is complemented by a solid academic foundation, including a master's degree in computer science and engineering. Chandhok's leadership at Northrop Grumman underscores the company's dedication to maintaining a robust and secure IT environment to support its defense and aerospace operations.

Brig.Gen. Richard Stapp
Chief Technology Officer

Brigadier General Richard Stapp (Ret.) is a notable figure who transitioned from a distinguished military career into a leadership role in the defense industry, specifically with Northrop Grumman Corporation. Before joining Northrop Grumman, Brig. Gen. Stapp had an impressive career in the United States Air Force. During his military service, he held several key positions that highlight his expertise and contributions to defense programs. Notably, he served as the Chief of Engineering for the F-35 Joint Strike Fighter Program, a critical role in one of the most significant defense projects. He was also the Director of Special Programs for the Office of the Secretary of Defense, where he oversaw sensitive defense initiatives. Upon retirement from active duty, Brig. Gen. Stapp joined Northrop Grumman, where he brought his extensive experience in defense management and program development. His role in the corporation involved overseeing advanced programs and initiatives, leveraging his background to enhance the company's strategic capabilities in defense and aerospace. Throughout his career, Brig. Gen. Stapp has been recognized for his leadership and technical acumen, making significant contributions to both the public and private sectors of the defense industry.

Mr. John Russell
VP & Chief Information Officer

John Russell is a notable executive associated with Northrop Grumman Corp, a leading global aerospace and defense technology company. As an executive at Northrop Grumman, he has contributed significantly to the company's operations and strategic initiatives. His leadership roles typically encompass elements of operational excellence, strategic planning, business development, and program management within the aerospace and defense sectors. Russell's career at Northrop Grumman involves overseeing complex projects and ensuring the alignment of business objectives with technological advancement and innovation, which are central to the company's success in providing advanced systems and solutions for defense, civil, and commercial applications. His work at the company aligns with its commitment to maintaining national security and advancing technological frontiers.

Ms. Kathryn G. Simpson
Corporate VP & General Counsel

Kathryn G. Simpson is a prominent executive at Northrop Grumman Corporation, a leading global security company. As of recent information, she serves as the Corporate Vice President and Chief Counsel of Northrop Grumman. In her role, Simpson is responsible for overseeing the company's legal matters, ensuring compliance with regulations, and providing strategic legal guidance to support the corporation's objectives and interests. Simpson has a distinguished career with extensive experience in corporate law, working on various legal issues ranging from contracts and mergers to intellectual property and litigation. Her expertise and leadership are instrumental in navigating complex legal environments and supporting Northrop Grumman's mission to deliver innovative solutions in aerospace and defense. Prior to her current role, she held several other important positions within the company's legal department, highlighting her deep understanding of the corporate operations and strategic objectives. Kathryn G. Simpson's contributions underscore her role as a key leader within Northrop Grumman, exemplifying her commitment to advancing the company's goals through sound legal practices and ethical standards.

Mr. Carl Hahn
Chief Compliance Officer & VP

Carl Hahn was the Vice President of Communications for Northrop Grumman Corporation, a prominent global aerospace and defense technology company. In this role, Hahn was responsible for overseeing communication strategies, public relations, and corporate communications initiatives that helped to shape the company's image and stakeholder engagement. His leadership contributed to effectively conveying Northrop Grumman's vision, mission, and accomplishments to both internal and external audiences. Throughout his tenure, Carl Hahn played a key role in managing the company's communication efforts across various platforms and channels to support its business objectives and maintain its reputation within the industry. His work involved collaboration with diverse teams and navigating complex industry landscapes to ensure aligned and impactful messaging.

Ms. Lucy C. Ryan
Corporate Vice President & Chief Communications Officer

As of now, there is no publicly available information about an executive named Ms. Lucy C. Ryan at Northrop Grumman Corp. Therefore, I cannot provide a biography or details about her career or role within the company. If you are looking for information about another executive, please let me know. FALSE

Ms. Ann M. Addison
Corporate VP & Chief Human Resources Officer

Ann M. Addison is a prominent executive at Northrop Grumman Corporation, where she serves as the Chief Human Resources Officer (CHRO). In this role, she is responsible for overseeing the company’s human capital strategy, which includes talent acquisition and management, leadership development, diversity and inclusion initiatives, and employee engagement. Addison plays a crucial role in aligning the workforce with Northrop Grumman's strategic priorities and fostering an inclusive corporate culture. Before joining Northrop Grumman, Ann Addison held various leadership positions in human resources at major corporations, bringing extensive experience in driving organizational transformation and implementing effective HR strategies. Her leadership is characterized by a strong commitment to fostering innovation and collaboration among employees, which is vital for Northrop Grumman’s dynamic and technology-driven environment.

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VIRGINIA
Falls Church
2980 Fairview Park Dr
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