Northrop Grumman releases transcript of Q2 2026 earnings call

Reuters2026/07/23 19:23

By:Reuters

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Northrop Grumman discussed Q2 2026 results on its earnings call attended by CEO Kathy Warden, CFO John Greene, IR head Adam Barr, analysts.
Raised 2026 sales outlook to USD 43.75-44.25 billion, lifted adjusted EPS view to USD 28.60-29.10, reaffirmed adjusted free cash flow USD 3.1-3.5 billion.
Q2 awards totaled USD 20 billion, book-to-bill reached 1.84, backlog set a record USD 105 billion; full-year book-to-bill seen at least 1.25.
Two negative EAC adjustments hit margins: GEM 63XL in Space, SiAW in Defense Systems; redesigned GEM 63XL component passed static-fire test, deliveries targeted by year-end.
PAC-3 solid rocket motor qualification completed; USD 2 billion framework agreement signed; production award expected later this year, starting at smaller scale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northrop Grumman Corporation published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Northrop Grumman releases transcript of Q2 2026 earnings call

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