Northrop Grumman publishes Q3 2026 earnings call transcript
NOC•Northrop Grumman raised full-year segment operating income guidance to $4.94 billion-$5.04 billion and increased earnings-per-share guidance by $0.70. For 2027, it projected sales growth of 5%-7% and segment operating margin expansion of 10-20 basis points.
1. Updated outlook
Management raised full-year segment operating income guidance to $4.94 billion-$5.04 billion and increased earnings-per-share guidance by $0.70. For 2027, it projected sales growth of 5%-7% and segment operating margin expansion of 10-20 basis points.
2. Investment and review
Capital spending is expected to reach approximately $2.1 billion to support B-21 expansion, while adjusted free cash flow guidance remains $3.3 billion-$3.7 billion. CEO Kathy J. Warden outlined a strategic review of microelectronics, including quantum computing, with options ranging from internal investment to separating the business.
