The company said sales rose 2% to $10.0 billion in Q3 2024, and net earnings were $1.0 billion, or $7.00 per diluted share. Sales were $9.8 billion and net earnings were $937 million, or $6.18 per diluted share, in the same period a year earlier.

1. 01

   The company said sales rose 2% to $10.0 billion in Q3 2024, and net earnings were $1.0 billion, or $7.00 per diluted share. Sales were $9.8 billion and net earnings were $937 million, or $6.18 per diluted share, in the same period a year earlier.

2. 02

   Northrop Grumman said Space Systems sales in Q3 fell 3%, as the wind-down of its restricted space and NGI programs reduced sales by $224 million and higher SDA satellite program sales added $129 million. The company said its operating margin rate was 12.0%, compared with 10.2% a year earlier.

3. 03

   The company said cash provided by operating activities fell $137 million to $1,091 million in Q3 2024, and free cash flow declined $139 million to $730 million. It cited higher net federal tax payments as the main factor.

4. 04

   The company set its full-year 2024 MTM-adjusted EPS outlook at $25.65 to $26.05 (prior $24.90 to $25.30) and its segment operating income outlook at $4,525 to $4,575 million (prior $4,500 to $4,575 million). Net awards for Q3 were $11.7 billion, and backlog was $84.8 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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