Northrop Grumman (NOC) Lands Navy Radar Deal On Undervalued Stock Narrative

Northrop Grumman (NOC) has secured a US$123.8 million contract from the U.S. Navy to produce 67 APG-85 radars for the F-35 program, providing production visibility through February 2031. The contract lands at a time when Northrop Grumman’s 1-year total shareholder return is down 12.7%, while the 3-year and 5-year total shareholder returns of 21.9% and 53.4% point to a stronger long-run record and indicate that recent momentum has faded. Scan how Northrop Grumman’s radar contract fits into...