Northrop Grumman Files 2025 Proxy Statement
Ticker: NOC · Form: DEF 14A · Filed: 2025-04-04T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
NGM proxy statement out, details exec pay & governance for FY24.
AI Summary
Northrop Grumman Corp. filed its DEF 14A on April 4, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and other corporate governance matters. Key financial periods reported include fiscal years 2021 through 2024, with specific adjustments noted for stock awards, pension values, and service costs for the 2023 and 2024 fiscal years.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions at the upcoming annual meeting.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) detailing corporate governance and executive compensation, not indicating new or unusual risks.
Key Numbers
- 2024 — Fiscal Year (Most recent full fiscal year reported)
- 2023 — Fiscal Year (Prior fiscal year reported with adjustments)
Key Players & Entities
- NORTHROP GRUMMAN CORP /DE/ (company) — Filer
- 20250404 (date) — Filing Date
- 20250521 (date) — Period of Report
- 2024-12-31 (date) — Fiscal Year End
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
When was this DEF 14A filing submitted by Northrop Grumman?
This DEF 14A filing was submitted on April 4, 2025.
What fiscal year does this filing primarily cover?
This filing covers the fiscal year ending December 31, 2024, and also includes comparative data for prior years.
What specific types of adjustments are mentioned for the 2023 and 2024 fiscal years?
The filing mentions adjustments related to stock awards, changes in pension values, and pension service costs for the 2023 and 2024 fiscal years.
What is Northrop Grumman's Standard Industrial Classification (SIC) code?
Northrop Grumman's SIC code is 3812, which corresponds to Search, Detection, Navigation, Guidance, Aeronautical Systems.
From the Filing
0001133421-25-000016.txt : 20250404 0001133421-25-000016.hdr.sgml : 20250404 20250404160810 ACCESSION NUMBER: 0001133421-25-000016 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 189 CONFORMED PERIOD OF REPORT: 20250521 FILED AS OF DATE: 20250404 DATE AS OF CHANGE: 20250404 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 EIN: 800640649 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-16411 FILM NUMBER: 25814606 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 DEF 14A 1 noc-20250403.htm DEF 14A noc-20250403 DEF 14A FALSE NORTHROP GRUMMAN CORP /DE/ 0001133421 iso4217:USD xbrli:pure 0001133421 2024-01-01 2024-12-31 0001133421 2023-01-01 2023-12-31 0001133421 2022-01-01 2022-12-31 0001133421 2021-01-01 2021-12-31 0001133421 2020-01-01 2020-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:PeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:PeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:PeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:PeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:PeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:PeoMember 2023-01-01 2023-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:PeoMember 2023-01-01 2023-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:PeoMember 2023-01-01 2023-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:PeoMember 2022-01-01 2022-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:PeoMember 2022-01-01 2022-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:PeoMember 2022-01-01 2022-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:PeoMember 2022-01-01 2022-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:PeoMember 2022-01-01 2022-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:PeoMember 2021-01-01 2021-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:PeoMember 2021-01-01 2021-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:PeoMember 2021-01-01 2021-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:PeoMember 2021-01-01 2021-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:PeoMember 2021-01-01 2021-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:PeoMember 2020-01-01 2020-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:PeoMember 2020-01-01 2020-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:PeoMember 2020-01-01 2020-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:PeoMember 2020-01-01 2020-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:PeoMember 2020-01-01 2020-12-31 0001133421 noc:AdjustmentAnnualStockAwardMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentChangeInPensionValueMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentPensionServiceCostMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentPriorPensionServiceCostMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentEquityAwardAdjustmentsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001133421 noc:AdjustmentA