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Companies / Industrials / Northrop Grumman
NOC

Northrop Grumman

IndustrialsMedical InstrumentsS&P 500
Ticker NOCFALLS CHURCH, VAFiscal year ends DecemberBook value per share $125.59Diluted shares 142.4M

Northrop Grumman Corporation (NYSE: NOC) is a leading global aerospace and defense technology company headquartered in Falls Church, Virginia, with operations across the United States and international markets. The company delivers a broad portfolio of products, services and solutions primarily to the U.S. Department… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$41.95B
+2.2% year over year
Last 12 mo $42.89B
10.75%
+0.1 percentage points
Last 12 mo 10.72%
$4.18B
+0.2% year over year
Last 12 mo $4.50B
25.08%
−2.2 percentage points
Last 12 mo 25.14%
Cash & financing
$4.76B
+8.4% year over year
Last 12 mo $5.08B
$3.31B
+26.2% year over year
Last 12 mo $3.65B
0.91
Was 0.96× a year earlier
Last 12 mo 0.81
143.8M
−2.4% year over year
Last 12 mo 142.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Northrop Grumman does

In the company’s own words

Northrop Grumman Corporation (NYSE: NOC) is a leading global aerospace and defense technology company headquartered in Falls Church, Virginia, with operations across the United States and international markets. The company delivers a broad portfolio of products, services and solutions primarily to the U.S. Department of War and intelligence community, with 84 percent of 2025 sales derived from the U.S. government. Northrop Grumman maintains approximately 95,000 employees and generated $41.954 billion in total sales during fiscal year 2025.

The company operates through four reportable segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Aeronautics Systems designs and produces military aircraft including the B-21 Raider long-range strike aircraft, F-35 Lightning II fuselage components, and high-altitude long-endurance unmanned systems. Defense Systems develops strategic deterrent systems, precision strike weapons, missile defense solutions, and advanced tactical weapons including the Sentinel ICBM modernization program and hypersonic systems. Mission Systems provides radar, electro-optical and infrared sensors, command and control systems, electronic warfare capabilities, advanced microelectronics, and cyber solutions. Space Systems delivers satellites, spacecraft systems, missile defense interceptors, and launch vehicles including solid rocket boosters for commercial and government space missions.

Northrop Grumman's history reflects significant industry consolidation, including the 1994 merger with Grumman Corporation, acquisitions of Westinghouse defense electronics, Litton Industries, TRW, and Orbital ATK, alongside strategic divestitures such as the 2011 spinoff of Huntington Ingalls Industries and 2021 sale of its IT and mission support services business. The company competes with Boeing, General Dynamics, L3Harris, Lockheed Martin, and RTX Corporation, alongside emerging market entrants. Approximately half of 2025 sales derived from cost-type contracts and half from fixed-price contracts. The company maintains a total backlog of $95.7 billion as of December 31, 2025. Additional information is available at www.northropgrumman.com.

Company details
Sector
Industrials
Industry (SIC)
Medical Instruments
Headquarters
FALLS CHURCH, VA
Fiscal year end
December
CIK
1133421
SIC
3812

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.29B$8.58B$21.45B$34.31B$47.18B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Northrop Grumman — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

849
funds hold it
0 of 35
superinvestors hold it
$30.90B
held by funds, at market
40.3%
of shares held by funds
18
bond issues held by funds

Largest fund holders · Northrop Grumman’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.11%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.12%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Northrop Grumman’s bonds, as funds hold them

Funds report holding 18 issues of Northrop Grumman’s debt, $2.10B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.47%, maturing 2027 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Northrop Grumman and its peers compare on margins and cash generation over ten years?”
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