Sturdy Worldwide Development and …

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• Income: $10.4 billion in Q3, up 4% year-over-year, 5% natural development.

• Phase Working Margin: Elevated to 12.3% in Q3, up 80 foundation factors.

• Earnings Per Share (EPS): $7.67, a ten% enhance year-over-year.

• Free Money Movement: Elevated by 72% year-over-year in Q3.

• E book-to-Invoice Ratio: 1.17 for the quarter.

• Natural Development Fee: 5% year-over-year.

• Worldwide Development Fee: 32% year-over-year.

• Aeronautics Gross sales: $3.1 billion, up 6% year-over-year.

• Protection Methods Gross sales: Almost $2.1 billion, up 14% year-over-year, 19% natural development.

• Mission Methods Gross sales Development: Double-digit development pushed by microelectronics applications.

• House Methods Gross sales: $2.7 billion, sequential development, mid-single-digit decline year-over-year.

• Working Revenue Enhance: 11% year-over-year in Q3.

• Steerage for 2025 Income: Revised to $41.7 billion to $41.9 billion.

• 2026 Free Money Movement Outlook: $3.1 billion to $3.5 billion.

Launch Date: October 21, 2025

For the entire transcript of the earnings name, please check with the full earnings name transcript.

• Northrop Grumman Corp (NYSE:NOC) achieved mid-single-digit development and expanded its section working margin within the third quarter of 2025.

• The corporate reported a powerful book-to-bill ratio of 1.17, indicating sturdy demand for its services and products.

• Worldwide development was significantly sturdy, with a 32% enhance 12 months over 12 months, contributing to a 20% year-to-date development in worldwide gross sales.

• The B-21 program made vital progress, with the second plane coming into flight take a look at and discussions underway to speed up manufacturing charges.

• Northrop Grumman Corp (NYSE:NOC) elevated its free money move by 72% 12 months over 12 months, aligning with its long-term monetary outlook.

• The corporate revised its full-year income steering downward as a result of delayed timing on sure awards and applications.

• The House section confronted challenges with income development as a result of wind down of two massive applications.

• Increased than anticipated prices have been incurred in producing the EMD flight take a look at plane for the B-21 program.

• The US authorities shutdown posed potential dangers for additional delays in program awards and funding.

• There are ongoing provide chain issues, significantly associated to uncommon earths, which might affect future operations.

Q: Are you able to present extra colour on the potential affect of F/A-XX and B-21 acceleration in your 2026 outlook? A: Kathy Warden, CEO, defined that neither F/A-XX nor B-21 acceleration is included within the 2026 outlook. Profitable the F/A-XX would enhance income however may be dilutive to earnings as a result of its improvement nature. The B-21 ramp would additionally enhance gross sales however require funding, with potential long-term returns. Steerage will likely be up to date if readability on these alternatives is achieved.