Company: NOC
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001133421-25-000053
Chunk: 1

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Part II, Item 1A
Chunk 1
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Item 1A. Risk Factors

For a discussion of our risk factors please see the section entitled “Risk Factors” in our 2024 Annual Report on Form 10-K.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The table below summarizes our repurchases of common stock during the three months ended September 30, 2025.

PeriodTotal Numberof SharesPurchasedAverage PricePaid perShare(1)Total Numberof SharesPurchased asPart of PubliclyAnnouncedPlans orProgramsApproximateDollar Value ofShares that MayYet Be Purchasedunder thePlans or Programs($ in millions)June 28, 2025 - July 25, 2025131,870 $520.37 131,870 $3,198 July 26, 2025 - August 22, 2025158,515 $581.62 158,515 3,106 August 23, 2025 - September 26, 2025196,899 $580.88 196,899 2,992 Total487,284 $564.74 487,284 $2,992 

(1)Excludes commissions paid and other costs of execution, including taxes.

Share repurchases take place from time to time, subject to market and regulatory conditions and management’s discretion, in the open market or in privately negotiated transactions. The company retires its common stock upon repurchase and, in the periods presented, has not made any purchases of common stock other than in connection with these publicly announced repurchase programs.

See Note 2 to the financial statements for further information on our share repurchase programs.

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Table of ContentsNORTHROP GRUMMAN CORPORATION                        

Item 5. Other Information

Consistent with Item 408 of Regulation S-K, the following table reflects Rule 10b5-1 trading arrangements and non-Rule 10b5-1 trading arrangements (as defined in Item 408) entered into by any director or officer (as defined in Rule 16a-1(f) of the Exchange Act) during the quarter ended September 30, 2025. 

Name(Title)Type of Trading ArrangementDate of Adoption Expiration Date of Trading ArrangementAggregate Number of Securities to Be Purchased or SoldKathy J. WardenRule 10b5-1 Trading Arr