Northrop Grumman Corp. ( (NOC) ) has released its Q4 earnings. Here is a breakdown of the information Northrop Grumman Corp. presented to its investors.
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Northrop Grumman Corporation is a leading aerospace and defense technology company known for its innovative solutions that advance national security and space exploration.
Northrop Grumman recently released its fourth quarter and full-year 2024 financial results, showcasing strong performance across its business segments. The company achieved significant growth in sales and operating income, reflecting high demand for its defense-related technologies and services.
The company’s 2024 sales increased by 4.4% to $41.0 billion, driven by increased sales in Aeronautics, Defense, and Mission Systems. Operating income rose by 72% to $4.37 billion, with a segment operating margin rate of 11.1%. The backlog reached a record $91.5 billion, underscoring strong future demand. Northrop Grumman returned $3.7 billion to shareholders through dividends and share repurchases.
Looking ahead, Northrop Grumman’s 2025 financial guidance indicates continued growth with a focus on organic sales, margin expansion, and double-digit free cash flow growth. The company remains committed to leading in technology innovation for national security and expects to complete the divestiture of its Training Services business by mid-year.
