JOURNAL ARTICLE

Northrop Grumman Fourth-Quarter Profit Rises 17% on Strong Sales.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Johnsson, Julie 3 of 3

Abstract

The article focuses on Northrop Grumman Corp.'s financial performance in the fourth quarter, highlighting a 17% increase in income and a record backlog of orders amid rising global defense spending. The company's operating income reached $1.27 billion, surpassing analyst expectations, while its order backlog grew to $95.7 billion, driven by contracts for the F-35 fighter jet and Virginia-class submarines. Additionally, Northrop reported a 20% increase in international sales and provided a financial outlook for 2026 that aligns with Wall Street expectations. The article also notes scrutiny over capital allocation strategies in light of public comments from U.S. President Donald Trump regarding corporate spending priorities. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191141452
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