Northrop Grumman's Q4 2025 beat — revenue, EPS, and free cash flow surged while backlog grew. Strong FY2026 defense budgets and analyst upgrades lift NOC sentiment.
Northrop Grumman (NOC) jumped to a 52-week high after a strong Q4 beat, record backlog, and a $233M Navy torpedo contract. Improved free cash flow and a slight rise in CapEx to scale production helped trigger analyst upgrades and technical buy signals—supporting bullish conviction in the S&P 500 defense heavyweight.