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Hot Stocks
Northrop Grumman appoints Tom Wilson corporate VP, and president, Space Systems » 08:36
11/18/21
11/18
08:36
11/18/21
08:36
NOC

Northrop Grumman

$353.96 /

-0.725 (-0.20%)

Northrop Grumman…

Northrop Grumman announces that its board of directors has elected Tom Wilson corporate vice president, VP, and president, Space Systems, effective January 1, 2022. Wilson will succeed Blake Larson, who has announced his intent to retire on February 4, 2022. Larson will continue as corporate vice president, reporting to Warden to support this transition until his retirement. Wilson is currently sector vice president and general manager of Northrop Grumman's Strategic Space Systems division in the Space Systems sector, which has delivered strong growth and operating results.

ShowHide Related Items >><<
NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

10/29/21 Vertical Research
Northrop Grumman downgraded to Hold from Buy at Vertical Research
09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

Hot Stocks
BAE Systems, Boeing and others awarded on $2.4B Air Force modification » 17:22
11/17/21
11/17
17:22
11/17/21
17:22
BAESY

BAE Systems

$30.71 /

+0.34 (+1.12%)

, BA

Boeing

$226.62 /

+0.87 (+0.39%)

, BAH

Booz Allen

$88.86 /

+0.19 (+0.21%)

, LMT

Lockheed Martin

$341.99 /

+1.615 (+0.47%)

, NOC

Northrop Grumman

$353.96 /

-0.725 (-0.20%)

, RTX

Raytheon Technologies

$87.48 /

-1.415 (-1.59%)

, LHX

L3Harris Technologies

$221.22 /

+1.215 (+0.55%)

BAE Systems (BAESY);…

BAE Systems (BAESY); Boeing (BA); Booz Allen Hamilton (BAH); Cubic Defense (CUB); L3 Technologies (LHX); Lockheed Martin (LMT); Northrup Grumman (NOC); Raytheon (RTX) were awarded a combined $2.4B modification to the existing multiple award, indefinite-delivery/indefinite-quantity contracts listed above, comprised of firm-fixed-price, fixed-price-incentive-firm, cost-plus-fixed-fee, cost-plus-incentive-firm, and cost reimbursable contract line items. The modification provides for the establishment of production and sustainment contract line items to allow the Department of the Air Force to streamline prototype development, production and sustainment into a single effort to be competed under fair opportunity procedures. Work is expected to be completed by January 9, 2028. All funding will be made available at the delivery order level as contracting actions occur. The Quick Reaction Branch is the contracting activity.

ShowHide Related Items >><<
RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

LHX L3Harris Technologies
$221.22 /

+1.215 (+0.55%)

BAH Booz Allen
$88.86 /

+0.19 (+0.21%)

BAESY BAE Systems
$30.71 /

+0.34 (+1.12%)

BA Boeing
$226.62 /

+0.87 (+0.39%)

BAESY BAE Systems
$30.71 /

+0.34 (+1.12%)

10/14/21 Kepler Cheuvreux
BAE Systems initiated with a Buy at Kepler Cheuvreux
10/14/21 Kepler Cheuvreux
BAE Systems initiated with a Buy at Kepler Cheuvreux
08/04/21 JPMorgan
BAE Systems downgraded to Neutral from Overweight at JPMorgan
08/02/21 UBS
BAE Systems price target raised to 575 GBp from 565 GBp at UBS
BA Boeing
$226.62 /

+0.87 (+0.39%)

11/17/21
Fly Intel: Top five analyst upgrades
11/17/21 Wells Fargo
Wells Fargo upgrades Boeing on positive risk/reward after underperformance
11/17/21 Wells Fargo
Boeing upgraded to Overweight from Equal Weight at Wells Fargo
10/28/21 Susquehanna
Boeing price target lowered to $267 from $300 at Susquehanna
BAH Booz Allen
$88.86 /

+0.19 (+0.21%)

09/16/21 Cowen
Booz Allen price target raised to $100 from $93 at Cowen
08/02/21 Truist
Booz Allen price target raised to $88 from $80 at Truist
05/20/21 William Blair
Booz Allen recently won $1.1B Veterans Affairs task order, says William Blair
05/12/21 Wells Fargo
Summer travel should be catalyst for commercial aero, says Wells Fargo
LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

11/01/21 BofA
BofA cuts Lockheed Martin to Neutral on slowing growth, 'inconsistent' strategy
11/01/21 BofA
Lockheed Martin downgraded to Neutral from Buy at BofA
10/27/21 Wells Fargo
Raytheon Technologies price target raised to $97 from $91 at Wells Fargo
10/27/21 Wells Fargo
Lockheed Martin price target lowered to $340 from $385 at Wells Fargo
NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

10/29/21 Vertical Research
Northrop Grumman downgraded to Hold from Buy at Vertical Research
09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

11/17/21 William Blair
William Blair ups Aireon valuation to $2.8B after Raytheon's FlightAware deal
09/21/21 Morgan Stanley
New AUKUS pact could benefit General Dynamics, Raytheon, says Morgan Stanley
08/11/21 Morgan Stanley
Raytheon Technologies price target raised to $110 from $97 at Morgan Stanley
LHX L3Harris Technologies
$221.22 /

+1.215 (+0.55%)

09/23/21
Fly Intel: Top five analyst downgrades
09/23/21 Goldman Sachs
L3Harris Technologies downgraded to Sell from Neutral at Goldman Sachs
09/08/21 Wolfe Research
L3Harris Technologies initiated with a Peer Perform at Wolfe Research
RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

LHX L3Harris Technologies
$221.22 /

+1.215 (+0.55%)

BAH Booz Allen
$88.86 /

+0.19 (+0.21%)

BA Boeing
$226.62 /

+0.87 (+0.39%)

RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

BAH Booz Allen
$88.86 /

+0.19 (+0.21%)

BAESY BAE Systems
$30.71 /

+0.34 (+1.12%)

BA Boeing
$226.62 /

+0.87 (+0.39%)

RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

LHX L3Harris Technologies
$221.22 /

+1.215 (+0.55%)

BAH Booz Allen
$88.86 /

+0.19 (+0.21%)

BA Boeing
$226.62 /

+0.87 (+0.39%)

RTX Raytheon Technologies
$87.48 /

-1.415 (-1.59%)

NOC Northrop Grumman
$353.96 /

-0.725 (-0.20%)

LMT Lockheed Martin
$341.99 /

+1.615 (+0.47%)

BA Boeing
$226.62 /

+0.87 (+0.39%)

Over a month ago
Hot Stocks
Northrop Grumman announces new $500M accelerated share repurchase program » 07:44
11/02/21
11/02
07:44
11/02/21
07:44
NOC

Northrop Grumman

$354.83 /

-2.39 (-0.67%)

, GS

Goldman Sachs

$416.70 /

+3.19 (+0.77%)

Northrop Grumman (NOC)…

Northrop Grumman (NOC) announced that it has entered into an accelerated share repurchase agreement with Goldman Sachs & Co. (GS) to repurchase $500M of Northrop Grumman's common stock. The ASR is in addition to previously planned repurchases, including open market share repurchases, and, as a result, the company is now targeting greater than $3.5B of repurchases in 2021. Under the ASR agreement, Northrop Grumman expects to receive initial deliveries of approximately 1.2M shares on Nov. 3, representing approximately 85% of the expected share repurchases under the ASR agreement, based on the company's closing price of $354.85 on Nov. 1, 2021. The final number of shares to be repurchased through the ASR will be based on Northrop Grumman's volume-weighted average price during the term of the transaction, less a discount, and is expected to be completed in the first quarter of 2022. The ASR will be completed under the company's current share repurchase authorization, which currently has $3B in authorization remaining.

ShowHide Related Items >><<
NOC Northrop Grumman
$354.83 /

-2.39 (-0.67%)

GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

NOC Northrop Grumman
$354.83 /

-2.39 (-0.67%)

10/29/21 Vertical Research
Northrop Grumman downgraded to Hold from Buy at Vertical Research
09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

10/18/21 RBC Capital
Goldman Sachs price target raised to $435 from $370 at RBC Capital
10/18/21 Oppenheimer
Goldman Sachs price target raised to $576 from $520 at Oppenheimer
10/18/21 Credit Suisse
Goldman Sachs price target raised to $470 from $450 at Credit Suisse
10/18/21 BMO Capital
Goldman Sachs price target raised to $451 from $432 at BMO Capital
NOC Northrop Grumman
$354.83 /

-2.39 (-0.67%)

GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

NOC Northrop Grumman
$354.83 /

-2.39 (-0.67%)

GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

NOC Northrop Grumman
$354.83 /

-2.39 (-0.67%)

GS Goldman Sachs
$416.70 /

+3.19 (+0.77%)

Hot Stocks
Northrop Grumman awarded $108.84M Air Force contract modification » 17:14
10/29/21
10/29
17:14
10/29/21
17:14
NOC

Northrop Grumman

$357.22 /

-0.66 (-0.18%)

Northrop Grumman has been…

Northrop Grumman has been awarded a not-to-exceed $108.84M bilateral modification to a previously awarded undefinitized contract action for RQ-4 Global Hawk aircraft sustainment. The modification provides for a second year of contractor logistics support services. Work will be performed in the Republic of Korea, and Sierra Vista, Arizona, and is expected to be completed by February 29, 2024. Foreign military sale funds in the amount of $22.89M are being obligated at the time of award, and the total cumulative face value of the contract is $267.23M. Air Force Life Cycle Management Center is the contracting activity.

ShowHide Related Items >><<
NOC Northrop Grumman
$357.22 /

-0.66 (-0.18%)

NOC Northrop Grumman
$357.22 /

-0.66 (-0.18%)

10/29/21 Vertical Research
Northrop Grumman downgraded to Hold from Buy at Vertical Research
09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
NOC Northrop Grumman
$357.22 /

-0.66 (-0.18%)

NOC Northrop Grumman
$357.22 /

-0.66 (-0.18%)

NOC Northrop Grumman
$357.22 /

-0.66 (-0.18%)

Downgrade
Northrop Grumman downgraded to Hold from Buy at Vertical Research » 06:27
10/29/21
10/29
06:27
10/29/21
06:27
NOC

Northrop Grumman

$358.56 /

-29.07 (-7.50%)

Vertical Research…

Vertical Research downgraded Northrop Grumman to Hold from Buy.

ShowHide Related Items >><<
NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

Hot Stocks
Northrop Grumman awarded $298.19M Air Force contract » 17:14
10/28/21
10/28
17:14
10/28/21
17:14
NOC

Northrop Grumman

$358.56 /

-29.07 (-7.50%)

Northrop Grumman has been…

Northrop Grumman has been awarded a $298.19M cost-plus-fixed-fee and cost-reimbursable no-fee, indefinite-delivery requirements contract modification to a previously awarded contract for the RQ-4B Global Hawk. The contract provides for repair services for "common items" for both the RQ-4B and MQ-4C Triton. It will support reparable National Stock Numbers which encompass the Air Vehicle, multiple sensor packages, Mission Control Element, and Launch and Recovery Element. In addition, this effort includes support engineering services covered under the engineering delegation authority for NSNs transferred to and under the management of the 407 Supply Chain Management Squadron. Work is expected to be completed by December 31, 2027. This award is the result of a sole-source acquisition. Air Force Sustainment Center is the contracting activity.

ShowHide Related Items >><<
NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

NOC Northrop Grumman
$358.56 /

-29.07 (-7.50%)

Hot Stocks
Northrop Grumman says strong backlog, pipeline » 09:58
10/28/21
10/28
09:58
10/28/21
09:58
NOC

Northrop Grumman

$370.00 /

-17.63 (-4.55%)

Expects FY22 CapEx…

Expects FY22 CapEx approximately flat vs. FY21. Says has experienced "fairly minimal" supply chain impacts to date. Feels "really good" about current portfolio and ability to generate growth. Says returning cash to shareholders remains a "priority."

ShowHide Related Items >><<
NOC Northrop Grumman
$370.00 /

-17.63 (-4.55%)

NOC Northrop Grumman
$370.00 /

-17.63 (-4.55%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$370.00 /

-17.63 (-4.55%)

NOC Northrop Grumman
$370.00 /

-17.63 (-4.55%)

NOC Northrop Grumman
$370.00 /

-17.63 (-4.55%)

Earnings
Northrop Grumman sees Q4 revenue $8.9B-$9B, consensus $8.98B » 09:22
10/28/21
10/28
09:22
10/28/21
09:22
NOC

Northrop Grumman

$387.63 /

-8.81 (-2.22%)

Guidance indicates…

Guidance indicates continued underlying sales growth in Q4.

ShowHide Related Items >><<
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

Hot Stocks
Northrop Grumman says adjusted free cash flow generation continues to be strong » 09:18
10/28/21
10/28
09:18
10/28/21
09:18
NOC

Northrop Grumman

$387.63 /

-8.81 (-2.22%)

Says seeing impact on…

Says seeing impact on sales from Covid-19. Comments taken from Q3 earnings conference call.

ShowHide Related Items >><<
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

Hot Stocks
Northrop Grumman sees continued organic sales growth in FY22 » 09:02
10/28/21
10/28
09:02
10/28/21
09:02
NOC

Northrop Grumman

$387.63 /

-8.81 (-2.22%)

Sees: Continued organic…

Sees: Continued organic sales growth in 2022. Space remains fastest growing segment; MS, DS also grow. AS expected to decline at rate similar to 2021. Continued strong operating margin rate with performance partially offsetting lower year over year pension related overhead benefit. Lower CAS pension recoveries of ~$350M impacts earnings. Stable operating cash flow before effect of lower CAS pension recoveries and higher cash taxes. Continue to return the majority of adjusted free cash flow to shareholders through dividends and share repurchases. Comments taken from investor presentation slides for Q3 earnings conference call.

ShowHide Related Items >><<
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

09/27/21 Morgan Stanley
Investor interest in Lockheed Martin at 'highest in decade,' says Morgan Stanley
09/23/21
Fly Intel: Top five analyst upgrades
09/23/21 Goldman Sachs
Northrop Grumman upgraded to Neutral from Sell at Goldman Sachs
08/02/21 Wells Fargo
Northrop Grumman price target raised to $335 from $330 at Wells Fargo
NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

NOC Northrop Grumman
$387.63 /

-8.81 (-2.22%)

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