Northrop Grumman Corporation (NOC) is a global aerospace and defense technology company that was founded in 1939 as Northrop Aircraft, Inc. The company was originally focused on the design and manufacture of aircraft, but over the years it has diversified into a range of other products and services, including space systems, cyber security, and logistics. Northrop Grumman is headquartered in Falls Church, Virginia, and has operations in all 50 states and more than 25 countries around the world.
Northrop Grumman's latest market offerings include a range of advanced technologies and services for both commercial and government customers. The company is known for its expertise in areas such as aerospace, defense, and cybersecurity, and it offers a range of products and services that are designed to meet the needs of its customers in these fields. Some of the company's key offerings include advanced aircraft and space systems, cyber security solutions, and logistics and supply chain management services.
In terms of its latest quarterly results, Northrop Grumman reported strong financial performance for the third quarter of 2021. The company's net sales for the quarter were $9.4 billion, an increase of 7% compared to the same period in the previous year. The company's operating income for the quarter was $1.5 billion, an increase of 13% compared to the same period in the previous year. Northrop Grumman's net income for the quarter was $1.2 billion, an increase of 15% compared to the same period in the previous year. These results were driven by strong performance across all of the company's business segments, including aerospace systems, defense systems, and technology services.
Overall, Northrop Grumman is a well-respected and successful company that is known for its innovative products and services. The company has a strong track record of delivering high-quality solutions to its customers, and it continues to invest in research and development in order to stay at the forefront of technological innovation.
Northrop Grumman Corporation, located at 2980 fairview park drive, c/o northrop grumman corp, falls church, va, us specializes in the search, detection, navagation, guidance, aeronautical sys industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 77,745,570,000 dollars.
If someone had invested $100 in Northrop Grumman Corporation 10 years ago, their investment would be worth roughly $570.93 today, according to If You Had Invested
If you had invested...
A companies stock price is a reflection of the company's performance and for NOC, its stock has been on a good run. If you had invested $1,000 in Northrop Grumman Corporation 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $1018.83 today.
If you are looking for a company with a strong dividend yield then Northrop Grumman Corporation has a dividend yield of 0.0138 making it a good dividend company to invest in. If you are going to buy some NOC stock for dividends make sure you buy before 2022-08-26
In terms of growth Northrop Grumman Corporation has had a turn for the worst with a Quarterly Earnings growth rate of -0.112. At the same time revenue growth has been to the moon with a rate of 0.029.
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