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Northrop Grumman Corp (NOC.N)

NOC.N on New York Stock Exchange

301.41USD
20 Sep 2018
Change (% chg)

$-10.85 (-3.47%)
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Latest Key Developments (Source: Significant Developments)

Northrop Grumman Enters 5-Yr Senior Unsecured Revolving Credit Facility In Aggregate Principal Amount Of $2 Bln Under Credit Agreement
Friday, 17 Aug 2018 05:33pm EDT 

Aug 17 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN CORP - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.NORTHROP GRUMMAN -ON AUG 17, ENTERED 5-YEAR SENIOR UNSECURED REVOLVING CREDIT FACILITY IN AGGREGATE PRINCIPAL AMOUNT OF $2 BILLION UNDER CREDIT AGREEMENT.NORTHROP GRUMMAN - NEW CREDIT AGREEMENT REPLACES EXISTING $1.6 BILLION 5-YEAR REVOLVING FACILITY ENTERED INTO ON JULY 8, 2015.  Full Article

Northrop Grumman Says CEO Wesley Bush's FY 2017 Total Compensation Was $18.9 Mln Versus $19.8 Mln In FY 2016
Friday, 30 Mar 2018 04:41pm EDT 

March 30 (Reuters) - Northrop Grumman Corp ::NORTHROP GRUMMAN CORP SAYS CEO WESLEY BUSH'S FY 2017 TOTAL COMPENSATION WAS $18.9 MILLION VERSUS $19.8 MILLION IN FY 2016 - SEC FILING.  Full Article

Northrop Grumman Corp Posts Q4 EPS Of $1.01
Thursday, 25 Jan 2018 06:32am EST 

Jan 25 (Reuters) - Northrop Grumman Corp ::Q4 EPS OF $1.01.MADE $500 MILLION PRE-TAX DISCRETIONARY PENSION CONTRIBUTION IN Q4 2017.Q4 SALES INCREASE 4 PERCENT TO $6.6 BILLION - SEC FILING.COMPANY EXPECTS 2018 SALES OF APPROXIMATELY $27 BILLION AND 2018 EPS OF $15.00 TO $15.25.Q4 EARNINGS PER SHARE VIEW $2.74, REVENUE VIEW $6.35 BILLION -- THOMSON REUTERS I/B/E/S.NORTHROP GRUMMAN - Q4 EPS OF $2.82, EXCLUDING TAX REFORM AND RELATED DISCRETIONARY PENSION CONTRIBUTION IMPACTS.FY2018 EARNINGS PER SHARE VIEW $14.23, REVENUE VIEW $26.91 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY AEROSPACE SYSTEMS SALES $3,005 MILLION VERSUS $2,872 MILLION.SEES 2018 CAPITAL EXPENDITURES ABOUT $1 BILLION.CO CURRENTLY EXPECTS ITS PREVIOUSLY ANNOUNCED ACQUISITION OF ORBITAL ATK WILL CLOSE IN THE FIRST HALF OF THIS YEAR.HIGHER ESTIMATED CAPITAL EXPENDITURES IN 2018 REFLECT THE BENEFITS OF TAX REFORM.NORTHROP GRUMMAN -HIGHER TAX EXPENSE FROM TAX CUTS & JOBS ACT, $500 MILLION DISCRETIONARY PRE-TAX PENSION CONTRIBUTION REDUCED Q4 NET EARNINGS BY $1.81/SHARE.  Full Article

Orbital ATK Receives Second Request From Federal Trade Commission
Wednesday, 6 Dec 2017 07:25pm EST 

Dec 6 (Reuters) - Orbital Atk Inc ::ORBITAL ATK RECEIVES SECOND REQUEST FROM FEDERAL TRADE COMMISSION.‍CONTINUES TO EXPECT ACQUISITION TO CLOSE IN FIRST HALF OF 2018, AFTER RECEIVING REGULATORY APPROVALS​.ORBITAL - ‍ SECOND REQUEST IS PART OF REGULATORY PROCESS IN CONNECTION WITH FTC'S REVIEW OF NORTHROP GRUMMAN'S PROPOSED ACQUISITION OF ORBITAL ATK​.  Full Article

Orbital Stockholders Approve Acquisition By Northrop Grumman Corporation
Wednesday, 29 Nov 2017 10:09am EST 

Nov 29 (Reuters) - Orbital ATK Inc ::ORBITAL ATK STOCKHOLDERS APPROVE ACQUISITION BY NORTHROP GRUMMAN CORPORATION.SAYS ‍HOLDERS OF MORE THAN 99% OF CO'S STOCK VOTED IN FAVOR OF APPROVING AND ADOPTING MERGER AGREEMENT​.SAYS EXPECTS TRANSACTION TO CLOSE IN FIRST HALF OF 2018, PENDING RECEIPT OF REGULATORY APPROVALS​.  Full Article

Northrop Grumman will not submit bid on MQ-25 program
Wednesday, 25 Oct 2017 01:05pm EDT 

Oct 25 (Reuters) - Northrop Grumman Corp ::Says notified Navy that Northrop Grumman will not be submitting a bid on the MQ-25 program - conf call.Sees 2017 aerospace systems sales of $11.7 billion to $11.8 billion versus prior guidance of $11.5 billion to $11.7 billion - conf call.Sees 2017 mission systems sales range between $11.2 billion and $11.3 billion versus prior guidance of $11.1 billion to $11.3 billion.Sees 2017 technology services sales of about $4.7 billion - conf call.Says submitted a bid for the joint STARS recap program as a prime - conf call.  Full Article

Northrop Grumman Corp reports qtrly earnings per share of $3.68 ‍​
Wednesday, 25 Oct 2017 06:55am EDT 

Oct 25 (Reuters) - Northrop Grumman Corp :Northrop Grumman Corp - qtrly earnings per share $3.68 ‍​.Northrop Grumman Corp - 2017 sales guidance increased to approximately $25.5 billion - SEC filing‍​.Northrop Grumman Corp - qtrly aerospace systems sales of $3,082 ‍​ million versus $2,782 million.Northrop Grumman Corp - qtrly sales $6,527 million versus $6,155 million.Northrop Grumman Corp - 2017 EPS guidance increased to $12.90 - $13.10.FY2017 earnings per share view $12.55, revenue view $25.38 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $2.92 -- Thomson Reuters I/B/E/S.Q3 revenue view $6.33 billion -- Thomson Reuters I/B/E/S.Northrop Grumman Corp sees 2017 capital expenditures of about $900 mln‍​.  Full Article

Northrop Grumman prices $8.25 billion debt offering
Tuesday, 10 Oct 2017 05:50pm EDT 

Oct 10 (Reuters) - Northrop Grumman Corp :Northrop Grumman prices $8.25 billion debt offering.  Full Article

Northrop Grumman announces leadership transitions
Tuesday, 26 Sep 2017 05:00pm EDT 

Sept 26 (Reuters) - Northrop Grumman Corp :Northrop Grumman announces leadership transitions.Northrop Grumman Corp - ‍northrop Grumman board of directors has elected Kathy J. Warden president and chief operating officer, effective Jan. 1, 2018​.  Full Article

JPMorgan to provide Northrop Grumman bridge loan of up to $8.5 bln for Orbital deal
Monday, 18 Sep 2017 06:59am EDT 

Sept 18 (Reuters) - Northrop Grumman Corp :Northrop Grumman - ‍​entered letter with JPMorgan; JPMorgan committed to provide bridge loan facility of up to $8.5 billion to fund part of Orbital deal.  Full Article

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U.S. approves possible $3.1 billion sale of E-2D Hawkeye aircraft to Japan

WASHINGTON The U.S. State Department has approved the possible sale to Japan of up to nine E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft for an estimated cost of $3.135 billion, the Pentagon said on Monday.