Northrop Grumman (NOC) Stock

FALLS CHURCH, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has announced that it will share its financial results for the fourth quarter and the entire year of 2024 on its investor relations website on January 30, 2025. Before the market opens, the company will release a notice to inform the public that the full earnings report will be available on their website at http://investor.northropgrumman.com.

NOC plans to increase its share buyback program by $3 billion, which will raise the total approved amount to around $4.2 billion.

Northrop Grumman is expected to see its EBITDA grow in the mid-single digits, and its free cash flow is likely to increase by more than 15% each year until 2026. Although the company's stock price has fallen despite buying back shares, it has a solid history of increasing dividends for 21 years. The main factors contributing to this growth are the high demand for defense equipment, space defense solutions, and participation in hypersonics and significant defense projects.

FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has revealed that its board of directors has approved an extra $3 billion for buying back the company's common stock, raising the total authorized amount to about $4.2 billion. The share buybacks will occur occasionally, depending on market conditions and management's choices, either in the open market or through private deals.

NOC has won a contract worth $801 million to offer virtual and remote training for Air Force trainers around the globe.

Northrop Grumman is a major American company that produces aerospace and defense aircraft, known for creating many famous military planes over the years. Some of their notable aircraft include the B-2 Spirit, a stealth bomber, and the EA-6 Prowler, used in electronic warfare. A recent review highlighted various iconic combat aircraft made by Northrop Grumman, providing details on their types, introduction years, production numbers, speeds, and armaments.

FALLS CHURCH, Va., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation board of directors has announced a quarterly dividend of $2.06 per share for its common stock. This dividend will be paid on December 18, 2024, to shareholders who are on record as of the end of business on December 2, 2024.

NOC will provide technical engineering assistance for the Trident II ballistic missile submarines that are currently in use, as well as for the attack weapon system of guided missile submarines.

Northrop Grumman Corporation (NYSE:NOC) will be participating in the Baird 2024 Global Industrials Conference on November 13, 2024, at 10:05 AM ET. The company will be represented by Kathy Warden, who is the Chair, CEO, and President. Peter Arment from Baird will also be part of the conference call, welcoming everyone in attendance.