Last10K.com

Northrop Grumman Corp (NOC) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

Northrop Grumman Corp

CIK: 1133421 Ticker: NOC
 
 
Exhibit 99
noclogoblue2015a01a02a01a32.jpg
 
 
 
 
News Release
 
 
 
 
 
 
 
Contact:
  
Tim Paynter (Media)
 
 
 
  
703-280-2720
 
 
 
  
timothy.paynter@ngc.com
 
 
 
  
 
 
 
 
  
Steve Movius (Investors)
 
 
 
  
703-280-4575
 
 
 
  
steve.movius@ngc.com
Northrop Grumman Reports Third Quarter 2018 Financial Results
Q3 Sales Increase 23 Percent to $8.1 Billion
Q3 Operating Income Increases 41 Percent to $1.2 billion
Q3 Segment Operating Income Increases 29 Percent to $979 million
Q3 EPS Increase 78 Percent to $6.54
Backlog Increases to $52.6 billion
2018 EPS Guidance Increased to $18.75 to $19.00
2018 Free Cash Flow Guidance Range Increased to $2.5 - $2.7 Billion

FALLS CHURCH, Va. – Oct. 24, 2018 – Northrop Grumman Corporation (NYSE: NOC) reported
third quarter 2018 sales increased 23 percent to $8.1 billion. Third quarter 2018 net earnings increased 78 percent to $1.1 billion, or $6.54 per diluted share, compared with $643 million, or $3.67 per diluted share, in the prior year period. The third quarter includes the first full quarter of Innovation Systems results. These additional earnings were partially offset by pre-tax merger-related expenses of $97 million. Third quarter 2018 earnings also include a pre-tax benefit of $223 million resulting from the settlement of cost claims.
“Our third quarter results demonstrated solid growth and strong performance from our operations, including the first full quarter of Innovation Systems, as we continue to position the company for long-term profitable growth,” said Wes Bush, chairman and chief executive officer.
“We're pleased with this quarter's results and excited about our company's future. As we continue integrating Innovation Systems, we're aggressively addressing the enhanced opportunity set resulting from our combination,” said Kathy Warden, president and chief operating officer.


Northrop Grumman Corporation
2980 Fairview Park Drive • Falls Church, VA 22042-4511
www.northropgrumman.com/media


The following information was filed by Northrop Grumman Corp (NOC) on Wednesday, October 24, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Northrop Grumman Corp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Northrop Grumman Corp.

Continue

Assess how Northrop Grumman Corp's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Northrop Grumman Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Financial
M & A
Revenue
Other
Filter Subcategory:
All
Cash Flow
Income
Earnings
Expense
Product
Debt
Other
Inside Northrop Grumman Corp's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information Document
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Condensed Consolidated Statements Of Changes In Shareholders' Equity (Unaudited)
Condensed Consolidated Statements Of Earnings And Comprehensive Income (Unaudited)
Condensed Consolidated Statements Of Financial Position (Unaudited)
Condensed Consolidated Statements Of Financial Position (Unaudited) (Parentheticals)
Basis Of Presentation (Unaudited)
Basis Of Presentation (Unaudited) (Details 1)
Basis Of Presentation (Unaudited) (Details 2)
Basis Of Presentation (Unaudited) (Details 3)
Basis Of Presentation (Unaudited) (Details 4)
Basis Of Presentation (Unaudited) (Tables)
Business Acquisition (Unaudited) (Details 1)
Business Acquisition (Unaudited) (Details 2)
Business Acquisition (Unaudited) (Details 3)
Business Acquisition (Unaudited) (Details 4)
Business Acquisition (Unaudited) Business Acquisition (Unaudited)
Business Acquisition (Unaudited) Business Acquisition (Unaudited) (Tables)
Commitments And Contingencies (Unaudited)
Commitments And Contingencies (Unaudited) (Details)
Commitments And Contingencies (Unaudited) (Tables)
Earnings Per Share, Share Repurchases And Dividends On Common Stock (Unaudited)
Earnings Per Share, Share Repurchases And Dividends On Common Stock (Unaudited) (Details 1)
Earnings Per Share, Share Repurchases And Dividends On Common Stock (Unaudited) (Details 2)
Earnings Per Share, Share Repurchases And Dividends On Common Stock (Unaudited) (Tables)
Fair Value Of Financial Instruments (Unaudited)
Fair Value Of Financial Instruments (Unaudited) (Details 1)
Fair Value Of Financial Instruments (Unaudited) (Details 2)
Fair Value Of Financial Instruments (Unaudited) (Tables)
Fair Value Of Financial Instruments (Unaudited) Fair Value Of Financial Instruments (Unaudited) (Details 3)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited) (Details 1)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited) (Details 2)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited) (Details 3)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited) (Details 4)
Goodwill And Other Purchased Intangible Assets (Unaudited) Goodwill And Other Purchased Intangible Assets (Unaudited) (Tables)
Income Taxes (Unaudited)
Income Taxes (Unaudited) (Details 1)
Income Taxes (Unaudited) (Details 2)
Income Taxes (Unaudited) (Tables)
Investigations, Claims And Litigation (Unaudited)
Investigations, Claims And Litigation (Unaudited) (Details)
Recast 2017 Financial Information (Details 1)
Recast 2017 Financial Information (Details 2)
Recast 2017 Financial Information (Tables)
Recast 2017 Financial Information (Unaudited)
Retirement Benefits (Unaudited)
Retirement Benefits (Unaudited) (Details)
Retirement Benefits (Unaudited) (Tables)
Segment Information (Unaudited)
Segment Information (Unaudited) (Details 1)
Segment Information (Unaudited) (Details 2)
Segment Information (Unaudited) (Details 3)
Segment Information (Unaudited) (Details 4)
Segment Information (Unaudited) (Tables)
Stock Compensation Plans And Other Compensation Arrangements (Unaudited)
Stock Compensation Plans And Other Compensation Arrangements (Unaudited) (Details)
Stock Compensation Plans And Other Compensation Arrangements (Unaudited) (Tables)
Summary Of Significant Accounting Policies (Policies)
Ticker: NOC
CIK: 1133421
Form Type: 10-Q Quarterly Report
Accession Number: 0001133421-18-000048
Submitted to the SEC: Wed Oct 24 2018 6:36:00 AM EST
Accepted by the SEC: Wed Oct 24 2018
Period: Sunday, September 30, 2018
Industry: Search Detection Navagation Guidance Aeronautical Sys

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/noc/0001133421-18-000048.htm