secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001133421-21-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman Q3 EPS $6.63 (+13% YoY); raises FY 2021 EPS guidance by $0.80 to $25.20-$25.60
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- Q3 sales $8.72B (-4% YoY); organic sales +3% to $8.7B, driven by 22% growth at Space Systems.
- Net earnings $1.06B, diluted EPS $6.63 (+13%); segment operating margin rate 11.9% (up 40 bps).
- FY 2021 transaction-adjusted EPS guidance raised by $0.80 to $25.20-$25.60 on strong performance.
- Backlog $74.8B; Q3 net awards $6.9B including $1.8B restricted programs, $0.9B NASA HALO, $0.5B F-35.
- COVID-19 labor and supply chain challenges; F-35 program recorded $42M unfavorable EAC adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342121000055/0001133421-21-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342121000055/noc-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001133421-21-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer