secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001133421-23-000044
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 up 9% to $9.6B; raises 2023 sales guidance by $400M
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- Diluted EPS $5.34 vs $6.06; net earnings $812M, down 14%; $244M lower non-operating pension benefit.
- Sales $9.6B (+9%); Space Systems up 17% to $3.49B; Aeronautics Systems up 2% to $2.60B.
- Net awards $10.9B, book-to-bill 1.14; backlog $78.8B; F-35, GBSD, Virginia-Class submarine awards.
- Operating cash flow $919M vs -$197M; adjusted free cash flow $615M vs -$460M.
- Increases FY2023 sales guidance by $400M and low-end EPS guidance by $0.20; improving labor/supplier environment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342123000044/0001133421-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342123000044/noc-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001133421-23-000044

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