Northrop Grumman Files 2024 10-K
Ticker: NOC · Form: 10-K · Filed: 2025-01-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, aerospace-defense
Related Tickers: GD, LMT, BA, RTX
TL;DR
NGMM filed its 2024 10-K. Full year financials and outlook inside.
AI Summary
Northrop Grumman Corporation filed its 2024 10-K report on January 30, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Falls Church, VA, operates in the search, detection, navigation, guidance, and aeronautical systems sector. The filing covers its business operations, financial statements, and risk factors, providing a comprehensive overview for investors.
Why It Matters
This 10-K filing provides crucial insights into Northrop Grumman's financial health and strategic direction for the past fiscal year, impacting investors and stakeholders in the aerospace and defense industry.
Risk Assessment
Risk Level: medium — As a major defense contractor, Northrop Grumman faces risks related to government contracts, technological advancements, and geopolitical events.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K)
- 1231 — Fiscal Year End (End date of the reporting period)
- 20250130 — Filing Date (Date the report was submitted to the SEC)
Key Players & Entities
- NORTHROP GRUMMAN CORP /DE/ (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end
- 20250130 (date) — Filing date
- FALLS CHURCH, VA (location) — Company headquarters
- 3812 (industry_code) — Standard Industrial Classification for Search, Detection, Navigation, Guidance, Aeronautical Systems
FAQ
What is the primary business of Northrop Grumman as indicated in the filing?
The filing indicates Northrop Grumman operates in the 'SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS' sector, with SIC code 3812.
When did Northrop Grumman file its 10-K report for the fiscal year 2024?
The 10-K report was filed on January 30, 2025 (20250130).
What is the fiscal year end date for the period covered by this 10-K?
The fiscal year end date is December 31, 2024 (20241231).
Where is Northrop Grumman's business address?
Northrop Grumman's business address is 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA 22042.
What is the SEC file number for Northrop Grumman?
The SEC file number for Northrop Grumman is 001-16411.
From the Filing
0001133421-25-000006.txt : 20250130 0001133421-25-000006.hdr.sgml : 20250130 20250130161112 ACCESSION NUMBER: 0001133421-25-000006 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 117 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250130 DATE AS OF CHANGE: 20250130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHROP GRUMMAN CORP /DE/ CENTRAL INDEX KEY: 0001133421 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 800640649 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16411 FILM NUMBER: 25573842 BUSINESS ADDRESS: STREET 1: 2980 FAIRVIEW PARK DRIVE STREET 2: C/O NORTHROP GRUMMAN CORP CITY: FALLS CHURCH STATE: VA ZIP: 22042 BUSINESS PHONE: 703-280-2900 MAIL ADDRESS: STREET 1: 2980 FAIRVIEW PARK DRIVE STREET 2: C/O NORTHROP GRUMMAN CORP CITY: FALLS CHURCH STATE: VA ZIP: 22042 FORMER COMPANY: FORMER CONFORMED NAME: NNG INC DATE OF NAME CHANGE: 20010129 10-K 1 noc-20241231.htm 10-K noc-20241231 FY 12/31/2024 FALSE 2024 12/31 NORTHROP GRUMMAN CORP /DE/ 0001133421 http://fasb.org/srt/2024#BoardOfDirectorsChairmanMember http://fasb.org/srt/2024#ChiefExecutiveOfficerMember http://fasb.org/srt/2024#PresidentMember iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure utr:Rate 0001133421 2024-01-01 2024-12-31 0001133421 2024-06-30 0001133421 2025-01-27 0001133421 us-gaap:ProductMember 2024-01-01 2024-12-31 0001133421 us-gaap:ProductMember 2023-01-01 2023-12-31 0001133421 us-gaap:ProductMember 2022-01-01 2022-12-31 0001133421 us-gaap:ServiceMember 2024-01-01 2024-12-31 0001133421 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001133421 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001133421 2023-01-01 2023-12-31 0001133421 2022-01-01 2022-12-31 0001133421 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001133421 2024-12-31 0001133421 2023-12-31 0001133421 2022-12-31 0001133421 2021-12-31 0001133421 us-gaap:CommonStockMember 2023-12-31 0001133421 us-gaap:CommonStockMember 2022-12-31 0001133421 us-gaap:CommonStockMember 2021-12-31 0001133421 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001133421 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001133421 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001133421 us-gaap:CommonStockMember 2024-12-31 0001133421 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001133421 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001133421 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001133421 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001133421 us-gaap:RetainedEarningsMember 2023-12-31 0001133421 us-gaap:RetainedEarningsMember 2022-12-31 0001133421 us-gaap:RetainedEarningsMember 2021-12-31 0001133421 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001133421 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001133421 us-gaap:RetainedEarningsMember 2024-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001133421 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001133421 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember noc:B21ProgramLRIPOptionsMember noc:AeronauticsSystemsMember 2023-10-01 2023-12-31 0001133421 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember noc:B21ProgramLRIPOptionsMember noc:AeronauticsSystemsMember 2024-12-31 0001133421 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember 2024-01-01 2024-12-31 0001133421 us-gaap:ContractsAccountedForUnderPercentageOfCompletionMember 2023-01-01 2023-12-31 0001133421 us-gaap:ContractsAccountedFor