Northrop Grumman stock hits all-time high at 557.84 USD

Northrop Grumman stock reached a significant milestone, hitting an all-time high of 557.84 USD, with a current market capitalization of $77.35 billion. According to InvestingPro data, analysts maintain a positive outlook with a consensus target suggesting further upside potential. This achievement underscores the company’s robust performance over the past year, during which its stock value has surged by 21.16%. The defense and aerospace giant’s upward trajectory reflects strong market confidence and favorable business conditions, contributing to its record-breaking stock price. Trading at a P/E ratio of 20.4x and maintaining a 21-year streak of dividend increases, the company demonstrates remarkable stability with historically low price volatility. As Northrop Grumman continues to innovate and expand its operations, investors remain optimistic about its future growth prospects, supported by seven analysts recently revising earnings estimates upward.

In other recent news, Northrop Grumman Corporation (NYSE:NOC) reported its financial results for the second quarter of 2025, releasing the details through an earnings announcement filed with the Securities and Exchange Commission. The company has been actively securing contracts, including an $11.7 million contract modification to provide logistics support for Iraq’s C-172 and C-208 aircraft fleets, raising the total contract value to $70.6 million. Additionally, Northrop Grumman was awarded a $46.7 million contract modification for the U.S. Navy’s E-2D Advanced Hawkeye aircraft program, further expanding its role in defense support. Another notable achievement includes a $39 million contract from the U.S. Department of Defense for electronic warfare engineering services, aimed at supporting the Electronic Warfare Avionics Integrated Support Facility. In the manufacturing sector, Northrop Grumman continues to produce center fuselages for the F-35 Lightning II stealth fighter, delivering one every 30 hours from its facility in Palmdale, California. These developments highlight Northrop Grumman’s ongoing involvement in defense and aerospace projects.

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