---
schema_version: "secwatch.filing_event.v1"
accession: "0001133421-24-000004"
form_type: "8-K"
ticker: "NOC"
cik: "0001133421"
company_name: "NORTHROP GRUMMAN CORP /DE/"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T17:39:58.306962+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Northrop Grumman Q4 net loss $535M on $1.56B B-21 charge; FY23 sales up 7% to $39.3B

## Summary
- Q4 net loss of $535M ($3.54 loss per diluted share) vs net income $2.08B ($13.46 EPS) in Q4 2022.
- Records $1.56B pre-tax charge on B-21 program LRIP phase; full-year diluted EPS of $13.53 includes B-21 charge of $7.68.
- Full-year sales $39.3B (+7% YoY); total backlog rises to record $84.2B with book-to-bill of 1.14.
- Segment operating income down 35% to $2.76B; Aeronautics Systems swings to operating loss of $473M.
- 2024 guidance: expects continued sales & earnings growth; reaffirms free cash flow outlook with >15% CAGR through 2026.

## SEC filing metadata
- accession: 0001133421-24-000004
- form_type: 8-K
- ticker: NOC
- cik: 0001133421
- company_name: NORTHROP GRUMMAN CORP /DE/
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133421/000113342124000004/0001133421-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133421/000113342124000004/noc-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001133421-24-000004
- JSON: https://secwatch.observer/filing/0001133421-24-000004.json
- Plain text: https://secwatch.observer/filing/0001133421-24-000004.txt

## Key facts
- Earnings Releases
  NORTHROP GRUMMAN CORP /DE/ reported the quarter and year ended December 31, 2023 results: revenue $10.6 billion, net income $535 million, EPS $3.54 per diluted share. Guidance reaffirmed.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $10.6 billion
  - Net income: $535 million
  - EPS: $3.54 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fourth Quarter and Full-Year 2023 Financial Results • Total backlog rises to record $84.2 billion driven by full year book to bill of 1.14 • Q4 Sales increase 6 percent to $10.6 billion; 2023 sales increase 7 percent to $39.3 billion • Company records $1.56 billion pre-tax charge associated with LRIP phase of B-21 program • 2023 Diluted EPS of $13.53, including
  evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342124000004/0001133421-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.