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Northrop Grumman Corp (NOC.N)

NOC.N on New York Stock Exchange

267.85USD
13 Dec 2018
Change (% chg)

$-2.26 (-0.84%)
Prev Close
$270.11
Open
$269.68
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$270.55
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$265.53
Volume
378,626
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319,889
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$360.68
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$246.00

Latest Key Developments (Source: Significant Developments)

Northrop Grumman Announces $1 Bln Accelerated Share Repurchase Agreement
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN ANNOUNCES $1 BILLION ACCELERATED SHARE REPURCHASE AGREEMENT.NORTHROP GRUMMAN ANNOUNCES $1 BILLION ACCELERATED SHARE REPURCHASE AGREEMENT.NORTHROP GRUMMAN CORP - ASR AGREEMENT WITH GOLDMAN SACHS & CO. LLC TO REPURCHASE $1 BILLION OF NORTHROP GRUMMAN'S COMMON STOCK.NORTHROP GRUMMAN - WILL RECEIVE INITIAL DELIVERIES OF ABOUT 3 MILLION SHARES ON OCT. 31.NORTHROP GRUMMAN - ASR WILL BE COMPLETED UNDER CURRENT SHARE REPURCHASE AUTHORIZATION, UNDER WHICH $2.1 BILLION REMAINED AT SEPT. 30.NORTHROP GRUMMAN - TRANSACTION EXPECTED TO BE COMPLETED IN Q1 2019.  Full Article

Northrop Grumman Sees 2018 Total Net FAS/CAS Adjustment Of About $1.11 bln
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN - SEES 2018 TOTAL NET FAS/CAS ADJUSTMENT OF ABOUT $1,110 MILLION, FOR 2019 OF ABOUT $750 MILLION, FOR 2020 OF ABOUT $825 MILLION- PRESENTATION.  Full Article

Northrop Grumman Q3 EPS $6.54
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Northrop Grumman Corp ::Q3 SALES INCREASE 23 PERCENT TO $8.1 BILLION.2018 EPS GUIDANCE INCREASED TO $18.75 TO $19.00.Q3 EPS $6.54.2018 FREE CASH FLOW GUIDANCE RANGE INCREASED TO $2.5 BILLION - $2.7 BILLION.BACKLOG INCREASES TO $52.6 BILLION AT QUARTER END.QTRLY AEROSPACE SYSTEMS SALES $3,282 MILLION VERSUS $3,125 MILLION.Q3 EARNINGS PER SHARE VIEW $4.37, REVENUE VIEW $8.01 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $16.93 -- THOMSON REUTERS I/B/E/S.NORTHROP GRUMMAN SAYS MADE $250 MILLION DISCRETIONARY CONTRIBUTION TO PENSION PLANS IN THE THIRD QUARTER OF 2018.  Full Article

Lockheed Martin Says Longbow Awarded $170 Mln In Orders For Apache AH-64E Fire Control Radar Systems
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Lockheed Martin Corp ::LONGBOW LLC AWARDED $170 MILLION IN ORDERS FOR APACHE AH-64E FIRE CONTROL RADAR SYSTEMS.  Full Article

Northrop Grumman Announces CEO Transition
Thursday, 12 Jul 2018 

Northrop Grumman Corp ::ANNOUNCES CEO TRANSITION.SAYS KATHY WARDEN APPOINTED CEO AND PRESIDENT.CHAIRMAN AND CHIEF EXECUTIVE OFFICER WES BUSH ANNOUNCED TODAY THAT HE WILL STEP DOWN FROM POSITION OF CHIEF EXECUTIVE OFFICER.CORP - WES BUSH WILL REMAIN CHAIRMAN THROUGH JULY 2019.CORP - BOARD HAS ALSO ELECTED WARDEN TO SERVE AS A MEMBER OF BOARD, EFFECTIVE IMMEDIATELY.ELECTED KATHY WARDEN TO POSITION OF CHIEF EXECUTIVE OFFICER AND PRESIDENT, EFFECTIVE JAN 1, 2019.  Full Article

Northrop Grumman Increases Quarterly Dividend By 9 Percent
Tuesday, 15 May 2018 

May 15 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN INCREASES QUARTERLY DIVIDEND 9 PERCENT TO $1.20 PER SHARE.  Full Article

Northrop Grumman Increases Quarterly Dividend By 10 Percent To $1.10 Per Share
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN INCREASES QUARTERLY DIVIDEND 10 PERCENT TO $1.10 PER SHARE.  Full Article

Orbital ATK Receives Second Request From Federal Trade Commission
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Orbital Atk Inc ::ORBITAL ATK RECEIVES SECOND REQUEST FROM FEDERAL TRADE COMMISSION.‍CONTINUES TO EXPECT ACQUISITION TO CLOSE IN FIRST HALF OF 2018, AFTER RECEIVING REGULATORY APPROVALS​.ORBITAL - ‍ SECOND REQUEST IS PART OF REGULATORY PROCESS IN CONNECTION WITH FTC'S REVIEW OF NORTHROP GRUMMAN'S PROPOSED ACQUISITION OF ORBITAL ATK​.  Full Article

Orbital Stockholders Approve Acquisition By Northrop Grumman Corporation
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Orbital ATK Inc ::ORBITAL ATK STOCKHOLDERS APPROVE ACQUISITION BY NORTHROP GRUMMAN CORPORATION.SAYS ‍HOLDERS OF MORE THAN 99% OF CO'S STOCK VOTED IN FAVOR OF APPROVING AND ADOPTING MERGER AGREEMENT​.SAYS EXPECTS TRANSACTION TO CLOSE IN FIRST HALF OF 2018, PENDING RECEIPT OF REGULATORY APPROVALS​.  Full Article

Northrop Grumman will not submit bid on MQ-25 program
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Northrop Grumman Corp ::Says notified Navy that Northrop Grumman will not be submitting a bid on the MQ-25 program - conf call.Sees 2017 aerospace systems sales of $11.7 billion to $11.8 billion versus prior guidance of $11.5 billion to $11.7 billion - conf call.Sees 2017 mission systems sales range between $11.2 billion and $11.3 billion versus prior guidance of $11.1 billion to $11.3 billion.Sees 2017 technology services sales of about $4.7 billion - conf call.Says submitted a bid for the joint STARS recap program as a prime - conf call.  Full Article

Japan to ramp up defence spending to pay for new fighters, radar

TOKYO, Dec 11 Japan aims to boost defence spending over the next five years to help pay for new stealth fighters and other advanced U.S. military equipment, a source with knowledge of the plan said on Tuesday.