Northrop Grumman Surges After Blowout Q4 $233M Win
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.