earnings
confidence high
sentiment positive
materiality 0.75
Northrop Grumman Q2 sales $10.9B (+5% YoY), EPS $7.68; raises FY guidance
NORTHROP GRUMMAN CORP /DE/
- Net awards $20B; backlog record $105B.
- Sales $10.9B (+5% YoY); operating income $1.1B (10.1% margin).
- Diluted EPS $7.68 vs $8.15 (prior year included $1.04 gain from training divestiture).
- FY 2026 guidance raised: sales $43.75-44.25B (up $250M), MTM-adjusted EPS $28.60-29.10 (up $1.20).
- Defense Systems op income -38% on $68M SiAW charge; Space Systems -16% on $91M GEM 63XL charge.