secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001133421-22-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman Q2 sales down 4% to $8.8B; EPS $6.06; awards $13.0B
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- Sales $8.8B (-4% YoY); diluted EPS $6.06 vs $6.42; net earnings $946M vs $1.04B.
- Net awards $13.0B, book-to-bill 1.48; backlog up 6% to $80.0B.
- Segment operating margin rate 12.2% flat YoY; Space Systems sales +8% to $2.98B.
- Adjusted free cash flow -$460M vs +$854M; driven by $450M R&D tax payments (Sec. 174).
- FY 2022 guidance for sales, EPS and transaction-adjusted FCF reaffirmed unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000030/0001133421-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000030/noc-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001133421-22-000030

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