Northrop Grumman Stock News

Quantum stocks IBM, IonQ and D-Wave could get a boost from defense industry partnerships with Northrop, Lockheed and others.

Northrop said the quarter reflected strong demand for its global capabilities as the company had gains across all its units: aeronautics sales rose 14%, while defense sales increased 12% and its mission and space sales inched up 2% each.

Northrop Grumman reports third-quarter earnings per share of $7.89 from sales of $11.1 billion. Wall Street was looking for earnings per share of $7.19 from sales of $11.2 billion.

Northrop Grumman raised its annual profit forecast on ​Tuesday after strong demand for military aircraft, missile and ‌defense programs helped beat Wall Street estimates for third-quarter profit, and drove its backlog to a record high.

FALLS CHURCH, Va., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2026 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.

Defense stocks have plummeted over the past few weeks as investors grow convinced Dems will emerge victorious in the midterm elections – potentially thwarting President Trump's plans for huge military spending.

Proposed changes to Norway's sovereign wealth fund ethics rules could open the door to investments in more Western defense companies. The fund is currently barred from investing in companies including Lockheed Martin and Boeing because of their involvement in nuclear weapons production.