Northrop Grumman Corporation (NOC)
Official siteINDUSTRIALS • AEROSPACE & DEFENSE • NYSE
Market Cap: $77.51B
Last updated: Sep 01, 2026 at 10:00 AM ET
Earnings
Performance (10Y)
Upcoming Estimates
Dividends
Dividend Metrics
Growth
Key Metrics
Technical Indicators Dashboard
Moving Averages
MACD
ADX
Aroon & PSAR
Bollinger Bands
RSI (14-Day)
Momentum Oscillators
Volatility Measures
Volume Flow
Volume Metrics
Pivot Points
Advanced Oscillators
Financial Data
Related GNG Research
My Full Aerospace & Defense Ranking: 6 Giants For Every Portfolio
FY2027 request ~ $1.5 trillion - $1.15T base plus $350B reconciliation, a 44% YoY increase, pushing defense spending toward 5% of GDP and creating durable, program-specific demand tailwinds Primary demand drivers are missile defense, munitions replenishment, nuclear modernization, sixth-generation air programs and a major Space Force build-out - $85B for missile defense, $17.5-17.9B Golden Dome in FY27 TOLL+M framework scores Tangible assets, Oligopoly (monopsony risk), Low incremental capital intensity, Long-duration cash flows and Macro alignment - monopsony means sole-source primes often lack true pricing power Aftermarket, proprietary suppliers win the pricing battle - TDG and GE lead for high-margin, freely priced aftermarket cash flows, while BA, LMT, and NOC carry negative-quality, fixed-price development backlog Top actionable positioning is supplier- and aftermarket-focused - RTX, TDG, and GE rank top three on the scorecard.
The Structural Bull Case for Defense & Our Favorite Stocks To Buy
War headlines spark volatility, but we focus on the structural alpha beneath the noise - a policy-driven floor under global defense spending that persists beyond any single conflict. A multi-decade rearmament supercycle is unfolding, with trillions in committed spending and modernization reshaping aerospace and defense economics. Not all defense stocks are equal. We break the sector into a three-tier framework to map stability, acceleration, and compounding into portfolio roles. AI, autonomous systems, and next-gen platforms are driving a software-led renaissance inside defense, changing growth profiles and margins. We highlight where value, quality, and sentiment diverge - and where patient capital can capture durable cash flows. This is not a trade on headlines. It is a structural allocation case. Our full playbook and specific picks are included.
Government Contracts
Top agency: Department of Defense at 95.0% of trailing twelve month obligations across 9 agencies
Recent Awards
Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.
News
Frequently Asked Questions About NOC
- What is NOC's current dividend yield?
- Northrop Grumman Corporation (NOC) has a current dividend yield of 1.77%.
- Does NOC pay dividends?
- Yes, Northrop Grumman Corporation pays dividends with a current yield of 1.77%.
- What is NOC's P/E ratio?
- Northrop Grumman Corporation has a price-to-earnings (P/E) ratio of 18.79.
- What is NOC's market cap?
- Northrop Grumman Corporation (NOC) has a market capitalization of $77.51B with a current stock price of $539.65.
Get full access to GNG Research
Create a free account to access portfolio tracking, advanced tools, and more.