Last $80.86 USD
Change Today -0.60 / -0.74%
Volume 3.4M
NOC On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

northrop grumman corp (NOC) Snapshot

Open
$81.50
Previous Close
$81.46
Day High
$81.78
Day Low
$80.77
52 Week High
05/17/13 - $83.28
52 Week Low
06/5/12 - $56.59
Market Cap
19.0B
Average Volume 10 Days
2.3M
EPS TTM
$7.44
Shares Outstanding
235.2M
EX-Date
05/23/13
P/E TM
10.9x
Dividend
$2.44
Dividend Yield
2.79%
Current Stock Chart for NORTHROP GRUMMAN CORP (NOC)

northrop grumman corp (NOC) Latest News

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northrop grumman corp (NOC) Details

Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. The company’s Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, unmanned systems, spacecraft, high-energy laser systems, microelectronics, and other systems and subsystems. This segment sells its products primarily to government agencies for use in various mission areas, including intelligence, surveillance, and reconnaissance; communications; battle management; strike operations; electronic warfare; earth observation; space science; and space exploration. Its Electronic Systems segment offers solutions for sensing, understanding, anticipating, and controlling operating environment to military, civil, and commercial customers. This segment’s solutions comprise defense electronics and systems, airborne fire control radars, situational awareness systems, early warning systems, airspace management systems, navigation systems, communications systems, marine power and propulsion systems, space systems, and logistics services. The company’s Information Systems segment offers advanced solutions for Department of Defense, national intelligence, federal civilian, state and local agencies, international allies, and commercial customers. This segment offers products and services focusing on areas, such as cybersecurity; command, control, communications, and computers intelligence, surveillance, and reconnaissance; intelligence processing; air and missile defense; decision support systems; information technology; and systems engineering and integration. Its Technical Services segment provides logistics, modernization, and sustainment support; and other advanced technology and engineering services, including space, missile defense, nuclear security, training, and simulation. The company was founded in 1939 and is based in Falls Church, Virginia.

68,100 Employees
Last Reported Date: 02/5/13
Founded in 1939

northrop grumman corp (NOC) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.5M
Chief Financial Officer and Corporate Vice Pr...
Total Annual Compensation: $850.1K
Corporate Vice President of Operations
Total Annual Compensation: $775.1K
Compensation as of Fiscal Year 2012.

northrop grumman corp (NOC) Key Developments

The U.S. Navy Selects Northrop Grumman Corporation for Initial Phase of Solid State Laser Technology Maturation (SSL-TM) Program

The U.S. Navy has selected Northrop Grumman Corporation for the initial phase of the Solid State Laser Technology Maturation (SSL-TM) program. SSL-TM is a research and development project to mature solid-state, high-power laser weapon systems and components for ship defense. This selection is the first step in the development of a Prototype Laser Weapon System by the Office of Naval Research (ONR). This developmental effort will pave the way for a future Navy program that will integrate laser weapon systems on existing and future ships.

Northrop Grumman Corporation Taps Christine McGlade, Andrew W. Reynolds to Lead Aircraft Integration Centers of Excellence

Northrop Grumman Corporation announced it has appointed Christine McGlade and Andrew W. Reynolds vice presidents of manufacturing operations and site managers for the company's aircraft integration centers of excellence in St. Augustine, Fla., and Palmdale, Calif., respectively. In her new role, McGlade will be responsible for managing and integrating all manufacturing and support operations at the St. Augustine site in coordination with the company's various aircraft programs and other functional organizations. For the immediate future, she also will lead production of the E-2 Hawkeye aircraft. The site produces, modifies, repairs and overhauls military aircraft and subassemblies. Most recently, she served as program director for the St. Augustine site's E-2/C-2 international programs, and as deputy program director for Navy E-2D production. Reynolds will manage and integrate all manufacturing and support operations at the Palmdale site in coordination with the manufacturing center's multiple programs and functional organizations. The site assembles, integrates, tests and maintains some of the world's most advanced aircraft, including the F-35, B-2 Spirit and RQ-4 Global Hawk. For the immediate future, Reynolds also will continue to serve in his current role as the production leader for Northrop Grumman Aerospace System's portion of the F-35 program. Reynolds brings more than 25 years of experience in manufacturing and production operations to his new role. His previous assignments include director of manufacturing operations and deputy site manager for the Palmdale site.

Qantas Airways Reportedly In Talks To Sell Its Defence Services Division

Qantas Airways Limited (ASX:QAN) is reportedly in talks with potential buyers to sell Qantas Defence Services Pty Limited. BAE Systems plc (LSE:BA.) and Northrop Grumman Corporation (NYSE:NOC) are potential buyers being targeted by Qantas Airways. The sale is expected to generate between AUD 80 million and AUD 100 million for Qantas Airways.

 

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Industry Analysis

NOC

Industry Average

Valuation NOC Industry Range
Price/Earnings 10.3x
Price/Sales 0.8x
Price/Book 2.0x
Price/Cash Flow 9.8x
TEV/Sales 0.5x
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