The contract is routine in scale and fits Northrop's existing Apache radar business. With a record backlog and strong awards, this award adds incremental but not transformative. Monitor future orders under this IDIQ-like vehicle for funding obligations.
How the stock moved after the report
NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+5- T+0 · Oct 23 $551.44entry
- T+1 · 9d ago +2.53%α +1.82% · $565.41
- T+5 · 5d ago +1.11%α +1.67% · $557.54
- T+8 · todayOpen
- T+20 · in 16d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Longbow LLC, a subsidiary of Northrop Grumman (NOC), received a $419.6M contract from the U.S. Army for Apache fire control radar systems and support. The award represents less than 1% of NOC's annualized revenue and is a sole-source new award with work through 2032, adding to the company's record backlog.
Key Financial Metrics
Key Facts
- Award amount: $419,607,961
- Awarding agency: U.S. Army (Department of Defense)
- Contract type: New cost-no-fee, cost-plus-fixed-fee, firm-fixed-price
- Sole-source: one bid solicited, one received
- Period of performance: through Jan 31, 2032
- Company annualized revenue: $44.488 billion (annualized from Q3 FY2026 Q3 x4)
- Backlog context: NOC reported record $109.6B backlog up 15% YTD
Financial Impact
$419.6M contract award, approximately 0.9% of annual revenue
Risk Factors
- Funding subject to each order; obligated amount not stated
- Sole-source award may face protest risk
- Cost-plus elements carry margin risk if costs overrun
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-W58RGZ27DA008~8ddbe |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 3, 2026 1d ago | GOVT-CONTRACT | $551.68 | awaiting T+5 | awaiting T+5 | $525.35 (−4.77%) |
Nov 2, 2026 2d ago | 144 | $550.30 | awaiting T+5 | awaiting T+5 | $525.35 (−4.53%) |
Oct 29, 2026 6d ago | GOVT-CONTRACT | $557.54 | awaiting T+5 | awaiting T+5 | $525.35 (−5.77%) |
Oct 28, 2026 7d ago | Institutional Cluster | $552.77 $525.35 | ▼ −4.96% | ▼ −4.25% | $525.35 (−4.96%) |
Oct 23, 2026 12d ago | GOVT-CONTRACT | $565.41 $557.54 | ▼ −1.39% | ▼ −0.13% | $525.35 (−7.09%) |
Oct 22, 2026 13d ago | GOVT-CONTRACT | $551.44 $557.54 | ▲ +1.11% | ▲ +1.67% | $525.35 (−4.73%) |
Oct 20, 2026 15d ago | 3/A | $534.00 $551.23 | ▲ +3.23% | ▲ +3.15% | $525.35 (−1.62%) |
Oct 20, 2026 15d ago | 8-K | $534.00 $551.23 | ▲ +3.23% | ▲ +3.15% | $525.35 (−1.62%) |
Sep 23, 2026 6w ago | GOVT-CONTRACT | $508.98 $482.00 | ▼ −5.30% | ▼ −4.88% | $525.35 (+3.22%) |
Sep 17, 2026 6w ago | Press Release | $524.00 $508.98 | ▼ −2.87% | ▼ −3.72% | $525.35 (+0.26%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers