Northrop Grumman reported Q1 FY26 earnings with EPS of $6.14 and sales of $9.88 billion, both beating estimates. The company expects defense spending to increase significantly, with a proposed $1.5 trillion budget for FY27, reflecting a 44% rise and nearing Cold War-era levels. Northrop is expanding B-21 aircraft production by 25% and anticipates strong sales growth and operating margins throughout 2026. It reaffirmed its FY26 sales guidance of $43.5-$44 billion and adjusted EPS guidance of $27.40-$27.90, slightly below analyst estimates.
Northrop Grumman has started construction on a new building at its Roy Innovation Center in Utah to support the U.S. Air Force Sentinel Intercontinental Ballistic Missile program and other aerospace missions. This expansion will add to the existing c...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
