Company: NOC
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001133421-25-000053
Chunk: 29

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Part I, Item 1
Chunk 29
---
irement benefit (OPB) plans is shown in the following table: Three Months Ended September 30Nine Months Ended September 30PensionBenefitsOPBPensionBenefitsOPB$ in millions20252024202520242025202420252024Components of net periodic benefit cost (benefit)Service cost$55 $60 $1 $1 $163 $179 $3 $3 Interest cost404 381 16 15 1,209 1,144 47 46 Expected return on plan assets(540)(549)(22)(21)(1,619)(1,647)(64)(64)Amortization of prior service credit— — (1)— — — (2)— Other— — — — 7 — — — Net periodic benefit cost (benefit)$(81)$(108)$(6)$(5)$(240)$(324)$(16)$(15)Employer ContributionsThe company sponsors defined benefit pension and OPB plans, as well as defined contribution plans. We fund our defined benefit pension plans annually in a manner consistent with the Employee Retirement Income Security Act of 1974, as amended by the Pension Protection Act of 2006.Contributions made by the company to its retirement plans are as follows: Three Months Ended September 30Nine Months Ended September 30$ in millions2025202420252024Defined benefit pension plans$25 $17 $67 $66 OPB plans7 7 27 27 Defined contribution plans133 136 517 517 

-13-

Table of ContentsNORTHROP GRUMMAN CORPORATION                        

9.    STOCK COMPENSATION PLANS AND OTHER COMPENSATION ARRANGEMENTS

Stock AwardsThe following table presents the number of restricted stock rights (RSRs) and restricted performance stock rights (RPSRs) granted to employees under the company’s long-term incentive stock plan and the grant date aggregate fair value of those stock awards for the periods presented:Nine Months Ended September 30in millions20252024RSRs granted0.1 0.1 RPSRs granted0.1 0.2 Grant date aggregate fair value$104 $109 RSRs typically vest on the third anniversary of the grant date, while RPSRs generally vest and pay out based on the achievement of certain performance metrics and market conditions over a three-year