Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 1

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 1
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 other information regarding participation.

At Northrop Grumman, we remain steadfast in our mission to deliver cutting-edge technologies and game-changing innovations that are paramount to our national security. More than ever before, the solutions we deliver for our customers help achieve our customers’ goal of peace through strength. We are driven each day to perform at the highest level, knowing that our products and services are contributing to a safer world and brighter future.

We continue to execute our long-term business strategy, creating value for our customers and shareholders. Our strategy is underpinned by maintaining technology leadership, a laser focus on performance, and deploying capital in value creating ways. We’ve invested over $3.5 billion in capex over the past two years to position the Company for future success, while returning $3.7 billion, or over 100% of free cash flow*, to shareholders in 2024.

Proof that our strategy is working is reflected in our strong 2024 financial results. We achieved a new record backlog in 2024 of $91.5 billion, driven by continued strong demand for our products and services. Our annual sales grew by 4.4 percent to $41 billion, and have now increased by 30% organically over the past five years. Strong program performance led to an increase in operating income, and we generated $4.4 billion of operating cash flow with free cash flow* growing by 25 percent to $2.6 billion.

Looking ahead, our team, strategy and culture strengthen our position for the future. With 97,000 of the world’s best problem solvers united around our values, our actions demonstrate to our customers, suppliers and communities, every day, that we uphold our promises, do the right thing and commit to shared success.

With a talented team, robust portfolio and strong business strategy, we are confident we will continue to lead our industry and deliver for our customers and shareholders.

*This metric is a non-GAAP financial measure. For more information, see ”Appendix A - Use of Non-GAAP Financial Measures.”

#### 2025 Proxy Statement1

#### Letter from the Board of Directors
Your vote is important, and we value receiving feedback from our shareholders.

On behalf of the entire leadership team, thank you for your continued support of Northrop Grumman.

Sincerely,

| David P. Abney       |     | Marianne C. Brown |     | Ann M. Fudge       |
| Madeleine A. Kleiner |     | Arvind Krishna