Northrop Grumman Raises 2026 Forecasts Due to Strong Weapons Demand
Defense supplier Northrop Grumman raised its sales and adjusted profit forecasts for 2026, driven by sustained demand for weapons amid global geopolitical conflicts. The company's Aeronautics segment saw a 13% increase in Q2 revenue due to the B-21 Raider program.
Tickers: $NOC
Topics: defense geopolitical tensions military spending weapons demand