secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001133421-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman Q1 sales $8.8B, EPS $6.10, organic sales down 2%
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- Sales of $8.8B, down 4% YoY; organic sales declined 2% primarily due to Aeronautics and Defense Systems.
- Diluted EPS of $6.10 vs $13.43; excluding prior-year IT services divestiture gain, adjusted EPS down 7% to $6.10.
- Segment operating margin rate 11.8%; Space Systems sales up 13% on Next Gen Interceptor and GBSD ramp.
- Net awards $8.5B, backlog $75.8B; 2022 guidance reaffirmed.
- Operating cash flow used $(488)M; adjusted free cash flow $(732)M, consistent with second-half weighting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000012/0001133421-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000012/noc-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001133421-22-000012

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