NOC - Defense Manufacturer Northrop Grumman Sees Record Backlog In Q3 Raises Annual Outlook | Benzinga
Northrop Grumman Corp (NYSE: NOC) reported third-quarter FY23 sales growth of 9% year-over-year to $9.78 billion, beating the consensus of $9.58 billion.
EPS was $6.18, up from $5.89 in 322. Net earnings increased by 2% Y/Y to $937 million.
Sales by segments: Aeronautics Systems $2.77 billion (+9% Y/Y), Defense Systems $1.42 billion (+6% Y/Y), Mission Systems $2.63 billion (+7% Y/Y), and Space Systems $3.51 billion (+11% Y/Y).
NOC stated that Q3 ...