secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001133421-23-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman Q1 sales up 6% to $9.3B, EPS $5.50; raises EPS guidance by $0.40 on expected gain
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- Sales of $9.3B, +6% YoY; diluted EPS $5.50 (vs $6.10); operating income $947M, +6%.
- Segment: Aeronautics -7% sales, -23% op. income; Space Systems +17% sales, +20% op. income.
- EPS guidance raised $0.40 on expected gain from sale of minority investment later in 2023.
- Returned $1.0B to shareholders via dividends and share repurchases in Q1.
- Net awards $8.0B; backlog $77.5B; significant awards include $3.2B restricted programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342123000026/0001133421-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342123000026/noc-20230427.htm
  HTML page:      https://secwatch.observer/filing/0001133421-23-000026

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