Northrop Grumman

NOC

Market cap $103B

The U.S. attack on Iran will have implications for defense and energy stocks.

A massive backlog of maintenance and software contracts will ensure recurring revenue.

Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock?

Calls for Europe to take charge of its own security are growing stronger. After decades of debate, the idea of an EU army is still facing pushback.

ULA's Vulcan Centaur rocket has suffered two anomalies in four flights. Both rockets survived their anomalies, but the law of averages is not working in ULA's favor.

Northrop Grumman Corporation (NOC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript

Boeing and Northrop Grumman turned around two regulatory issues that had previously risked derailing their latest plans.

Northrop Grumman is rated Buy, leveraging unmatched vertical integration in solid rocket motors and a strategic deterrence duopoly with B-21 and Sentinel programs. NOC's industrial moat is deepened by tripling SRM capacity by 2027 and digital engineering, enabling margin expansion and decoupling growth from generic defense spending trends. Key risks include capital intensity, potential profitless growth from B-21 and Sentinel, and valuation-duration mismatch that may compress multiples if execution falters.

Northrop Grumman delivered double-digit Q4 sales growth and beat analyst estimates, reinforcing the strength of aerospace and defense investments. NOC's 2026 guidance is modest, with sales of $43.5–$44 billion, segment margins around 11%, and free cash flow growth remaining soft. I maintain a buy rating on NOC, targeting $745.16 per share, with 6% base-case upside and shareholder returns as a key appeal.

FALLS CHURCH, Va., Feb. 13, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman (NYSE: NOC) announced it has elected Admiral Christopher Grady, former vice chairman of the Joint Chiefs of Staff, to its board of directors.