NOC — Northrop Grumman Lifts 2026 Guidance On Record Backlog; Shares Dip On Margins

Northrop Grumman increased its full-year sales and earnings forecast, citing robust global demand that has pushed its backlog to a record $105 billion. The company now projects 2026 sales up to $44.25 billion, but its shares fell 2.2% as the improved outlook was attributed mainly to a tax benefit. Investors focused on compressed margins and lower operating income in the defense and space systems divisions.