Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, the Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, and surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces strategic deterrent systems, tactical weapons, and missile defense solutions; and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. This segment also offers strategic missiles; integrated all-domain command and control systems; precision strike weapons; tactical solid rocket motors, and high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions, and advanced fuzes; and aircraft and mission systems logistics support, sustainment, operation, and modernization. The company’s Mission Systems segment provides command, control, communication and computer, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; advanced communications and network systems; microelectronics; navigation and positioning sensors; maritime power, propulsion, and payload launch systems; cyber solutions; and intelligence processing systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; and launch vehicles and related propulsion systems. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.
Defense Giant's Outlook | Northrop Grumman faces margin pressure amid B-21 program optimism, with analysts projecting sales growth acceleration in 2026 and beyond |
B-21 Boost | Explore how the B-21 program could lift Northrop's free cash flow by $800-900 million post-2026, alleviating concerns about early production losses |
Global Expansion | Delve into Northrop's international growth potential, highlighted by a strong 1.4x book-to-bill ratio in global markets |
Market Valuation | Analyst price targets range from $500 to $575, reflecting varied views on Northrop's profitability and growth prospects in a complex defense landscape |
Metrics to compare | NOC | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipNOCPeersSector | |
---|---|---|---|---|
P/E Ratio | 19.4x | 42.3x | 11.9x | |
PEG Ratio | 0.25 | 1.13 | 0.03 | |
Price/Book | 4.8x | 4.3x | 1.4x | |
Price / LTM Sales | 1.8x | 7.4x | 1.2x | |
Upside (Analyst Target) | 8.6% | 0.5% | 19.9% | |
Fair Value Upside | Unlock | −7.0% | 8.5% | Unlock |