EarningsNOC reported solid 2Q24 results, beating top line, EPS, and FCF expectations.
GrowthNorthrop Grumman is expected to be one of the fastest growing among the defense prime contractors due to exposure to high-growth end markets like space and incumbency on multiple critical Programs of Record.
Shareholder ValueStrong free cash flow is largely returned to shareholders through buybacks and dividends, making Northrop Grumman an attractive long-term defense name.