Northrop Grumman Corp. (NOC)

Over the past six months, Northrop Grumman's stock price has experienced significant movement. As of April 9, 2026, the share price was $690.57, representing a 33.81% increase over the past year. Key events impacting the stock price include a turnaround in the B-21 program, record backlog growth, cash flow acceleration, space segment repositioning, and increased production on new programs. Analyst activity in early April 2026 included price target raises and initiations of coverage with positive ratings. The stock also saw a rise amid escalating Middle East conflicts.

The demand for Northrop Grumman's products and services is less likely to exhibit typical consumer-driven seasonality due to its reliance on long-term government and defense contracts. Demand is primarily influenced by government defense spending trends, geopolitical events, and the lifecycle of major defense and space programs. The company's diverse portfolio in defense, aerospace, and technology contributes to a robust revenue stream supported by these long-term contracts.

Northrop Grumman Corporation is an American aerospace and defense company headquartered in West Falls Church, Virginia, operating within the Capital Goods sector. The company designs and manufactures systems for aeronautics, defense, missions, and space, focusing on global security and human discovery. Northrop Grumman's business is structured into four main operating sectors: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The company also holds a notable market share in the Unmanned Aerial Vehicle (UAV) Manufacturing industry, accounting for an estimated 13.9% of total industry revenue.

Northrop Grumman's headquarters are located in West Falls Church, Virginia, U.S., and the company serves customers worldwide. In 2024, 87% of the company's revenues were derived from the U.S. federal government, with 12% from international sources.

Northrop Grumman has a strong brand reputation as a leader in global security, known for its contributions to defense, aerospace, and technology, with a legacy of innovation and excellence. The company's commitment to sustainability and ethical business practices is also noted. Northrop Grumman and its industry partners have received the Collier Trophy nine times, including for their work on the James Webb Space Telescope.

Northrop Grumman is primarily owned by institutional shareholders, who hold 82.93% of the company, while insiders own 4.54%, and retail investors hold 12.53%. Major institutional owners include Vanguard Group Inc., State Street Corp., and Capital International Investors. The largest individual shareholder is Wesley G. Bush, who owns 1.64 million shares, representing 1.15% of the company.