Northrop Grumman Declares $2.31 Dividend, Signs 155 mm Ammo Framework Deal
Northrop Grumman board declared a quarterly dividend of $2.31 per share, payable March 11, 2026, to shareholders of record as of the close of business February 23, 2026. The company signed a framework agreement with Poland’s Niewiadow-PGM to produce 155 mm artillery ammunition domestically, bolstering its supply chain and European defence footprint.
1. Quarterly Dividend Details
Northrop Grumman’s board approved a $2.31 per share quarterly dividend, with a record date of February 23, 2026, and payment scheduled for March 11, 2026. This distribution reflects the company’s disciplined capital allocation strategy and commitment to returning cash to shareholders.
2. Polish Ammunition Production Deal
Northrop Grumman entered a framework agreement with Poland’s Niewiadow-PGM to establish domestic production of 155 mm artillery ammunition. This collaboration aims to enhance local manufacturing capabilities and strengthen the company’s European defense supply chain.