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GOVT-CONTRACT ·Filed Jul 22, 2026

NOC

NORTHROP GRUMMAN CORP /DE/
NEUTRAL
Impact 3/10
Horizonmonths Processed3mo ago
Large government contract award ($500M+)
Actionable Insight • Neutral

Monitor for additional DARC production awards and any updates on Site 3 procurement, which could signal further backlog growth in the space systems segment.

DirectionNeutral
Confidencehigh
Horizonmonths
Final — all horizons settled through T+60d ⚠ clustered
NOC ▼ -2.55% at T+60d
NEUTRAL call -2.55% · α vs SPY -5.95% · entry $533.48 → $519.86
Entry = T+0 close
Jul 23, 2026
via day close
T+1d
+1.64%
call +1.64% · α +1.54%
$542.24
settled 3mo ago
T+5d
+0.26%
call +0.26% · α -0.22%
$534.85
settled 3mo ago
T+20d
+5.69%
call +5.69% · α +2.39%
$563.86
settled 2mo ago
T+60d
-2.55%
call -2.55% · α -5.95%
$519.86
settled 10d ago

Price Chart

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Executive Summary

Northrop Grumman received a $82.8M contract modification from the Department of Defense for Deep Space Advanced Radar Capability (DARC) Site 2 production. This award represents approximately 0.19% of the company's annualized revenue and follows a strong Q2 earnings report with a record backlog of $104.7B, reinforcing the company's space systems growth trajectory.

Key Financial Metrics

Award Amount
$82.8M
Agency
Department of Defense
Contract Type
modification
Rev Impact
+0.2%

Key Facts

  • Contract modification P00016 to FA882024CB001 for DARC Site 2 production
  • Obligation amount: $82,759,472.18
  • Awarding agency: Department of Defense
  • Award represents ~0.19% of Northrop Grumman's annualized revenue of $43.6B
  • Follows Q2 2026 earnings with record backlog of $104.7B and $20B in net awards

Financial Impact

$82.8M modification, approximately 0.19% of annualized revenue

revenue

Risk Factors

  • Modification size is small relative to total revenue, limiting near-term financial impact
  • Government contracts subject to funding availability and potential continuing resolutions

Investment Themes

Documents Analyzed

This report is based on 1 federal contract record from official U.S. government contract data.

DocumentAccession Number
GOVT-CONTRACT Data (Synthetic)contract-FA882024CB001
21 reports for NOC
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NOC — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
GOVT-CONTRACT
NEUTRAL ★ 2/10
—awaiting T+1——
Oct 20, 2026
6d ago
3/A
NEUTRAL ★ 1/10
$534.00 $539.31▲ +0.99%▲ +0.47%$565.41 (+5.88%)
Oct 20, 2026
6d ago
8-K
BULLISH ★ 6/10
$534.00 $539.31▲ +0.99%▲ +0.47%$565.41 (+5.88%)
Sep 23, 2026
4w ago
GOVT-CONTRACT
NEUTRAL ★ 2/10
$508.98 $510.52▲ +0.30%▼ −0.24%$565.41 (+11.09%)
Sep 17, 2026
5w ago
Press Release
NEUTRAL ★ 1/10
$524.00 $527.39▲ +0.65%▲ +0.52%$565.41 (+7.90%)
Aug 21, 2026
9w ago
8-K
NEUTRAL ★ 2/10
$549.28 $542.52▼ −1.23%▼ −1.55%$565.41 (+2.94%)
Jul 22, 2026
13w ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$533.48 $542.24▲ +1.64%▲ +1.54%$565.41 (+5.99%)
Jul 22, 2026
13w ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$533.48 $542.24▲ +1.64%▲ +1.54%$565.41 (+5.99%)
Jul 21, 2026
13w ago
Press Release
MIXED ★ 6/10
$512.29 $525.28▲ +2.54%▲ +2.65%$565.41 (+10.37%)
Jul 21, 2026
13w ago
8-K
MIXED ★ 6/10
$512.29 $525.28▲ +2.54%▲ +2.65%$565.41 (+10.37%)
Showing 10 of 21

US Market Status

Market Closed — Opens Tue (< 1m)

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Report published Jul 22, 2026