Strong Book to Bill Ratio
Northrop Grumman achieved a book to bill ratio of 1.17 in the quarter, indicating strong demand and future business prospects.
International Growth
The company reported an international growth rate of 32% and year-to-date international sales growth of 20%.
Free Cash Flow Increase
Free cash flow increased by 72% year over year, reflecting strong operational performance.
Significant Program Milestones
The second B-21 aircraft entered flight test, and the company received a multibillion-dollar extension on the ground-based Midcourse Defense Weapon Systems contract.
Investment in Infrastructure and Technology
Over $2 billion invested in developing a digital ecosystem with high correlation to physical products, and $2.1 billion in IRAD for technology leadership.