Northrop Grumman: Huge Backlog Makes It A Compelling Growth …

13 hours ago · Northrop Grumman Corporation is a premier aerospace and defense company with a strong backlog and impressive growth, making it a compelling long-term investment. …

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Northrop Grumman Surges With Record $85B Backlog And

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Dec 10, 2024 · Northrop Grumman (NOC) is a huge defense contractor that develops many types of products, including high tech systems used at sea, unmanned and manned aircraft, …

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NOC - Strong Backlog And Defense Funding Will Drive Future …

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Jul 18, 2024 · The analysts have a consensus price target of $564.06 for Northrop Grumman based on their expectations of its future earnings growth, profit margins and other risk factors. …

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Defense Manufacturer Northrop Grumman Sees Record Backlog In …

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Oct 26, 2023 · Northrop Grumman Corp NOC reported third-quarter FY23 sales growth of 9% year-over-year to $9.78 billion, beating the consensus of $9.58 billion. EPS was $6.18, up …

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Here's Why You Should Add Northrop Grumman Stock To Your …

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Oct 9, 2024 · Northrop Grumman’s total backlog was a solid $83.10 billion as of June 30, 2024. Such a consistent level of contract flows and subsequent backlog growth bolster its long-term …

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Top Analyst Sees A ‘Compelling Entry Point’ In These 2 Aerospace ...

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1 day ago · During the quarter, Northrop Grumman received net awards of $11.7 billion and has reported a record work backlog of $85 billion. Like its peer Lockheed Martin, above, Northrop …

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Earnings Call: Northrop Grumman Reports Strong 2023 Results, …

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Jan 26, 2024 · Northrop Grumman's revenue increased by over 7% in 2023, with a record backlog of over $84 billion. The company invested $2.9 billion in R&D and CapEx and delivered $2.6 …

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Earnings Call: Northrop Grumman Reports Robust Q3 With Record …

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Oct 25, 2024 · Northrop Grumman's backlog reached a record $85 billion, more than double its annual revenue. Earnings per share increased to $7, marking a 13% rise from Q3 of the …

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Northrop Grumman's Backlog (2013-2023) - Business Quant

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As costs are incurred or deliveries are produced, the backlog is turned into sales. Northrop Grumman’s Backlog. Northrop Grumman’s Backlog increased from $80.97 billion in 2020 to …

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Northrop Grumman: Near-Term Risks But Long-Term Growth

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Nov 14, 2023 · Northrop reaffirmed its 2024 outlook for $2.25-$2.65 billion in free cash flow alongside "rapid" free cash flow growth the next five years as sales rise 4-5%. Free cash flow …

seekingalpha.com

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Northrop Grumman: Exciting Prospects, But Appears Fully Valued

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Jun 6, 2022 · At $488.33, the average Northrop Grumman price target implies just 1.9% upside potential.TakeawayIn my view, Northrop Grumman is a best-in-breed company in the …

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FAQs about Northrop Grumman: Huge Backlog Makes It A Compelling Growth … Coupon?

Does Northrop Grumman have a backlog?

Northrop Grumman’s total backlog was a solid $83.10 billion as of June 30, 2024. Such a consistent level of contract flows and subsequent backlog growth bolster its long-term revenue prospects. The company expects to recognize approximately 40% and 65% of its backlog over the next 12 months and 24 months, respectively. ...

Is Northrop Grumman a good investment?

Northrop Grumman Corporation is a premier aerospace and defense company with a strong backlog and impressive growth, making it a compelling long-term investment. NOC's high backlog of $85 billion and increasing NATO defense budgets support sustained revenue and free cash flow growth. ...

How many warning signs are there with Northrop Grumman Corp (NOC)?

GuruFocus has detected 6 Warning Signs with NOC. For the complete transcript of the earnings call, please refer to the full earnings call transcript. Northrop Grumman Corp (NYSE:NOC) achieved a record backlog of $85 billion, more than twice its annual revenue, indicating strong future growth potential. ...

How did Northrop Grumman perform in Q4?

Despite this, Northrop Grumman reported a record backlog and growth in sales, driven by robust global demand for its products and services. The company's sales in the fourth quarter increased by 6 percent to $10.6 billion, contributing to a 7 percent increase in annual sales to $39.3 billion. ...

Why is Northrop Grumman's performance important?

The company's performance is critical as it reflects the health of the aerospace and defense industry, which is heavily reliant on government contracts and subject to economic and political fluctuations. Despite the B-21 charge, Northrop Grumman's financial achievements include a record backlog of $84.2 billion and a strong cash flow performance. ...

Is Northrop Grumman Corporation (NOC) a long-term winner?

This brings me to Northrop Grumman Corporation (NOC), which has proven to be a long-term winner for growth and dividend growth investors alike. I last covered NOC back in October, highlighting its strong backlog and impressive growth across segments. ...