Company: NOC
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0001133421-25-000049
Chunk: 52

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 rate increased to 10.8 percent from 10.3 percent principally due to higher net EAC adjustments.

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Table of ContentsNORTHROP GRUMMAN CORPORATION                        

PRODUCT AND SERVICE ANALYSIS

The following table presents product and service sales and operating costs and expenses by segment:Three Months Ended June 30Six Months Ended June 30$ in millions2025202420252024Segment Information:SalesOperating Costs and ExpensesSalesOperating Costs and ExpensesSalesOperating Costs and ExpensesSalesOperating Costs and ExpensesAeronautics SystemsProduct$2,328 $2,109 $2,221 $2,028 $4,419 $4,467 $4,506 $4,087 Service748 649 805 692 1,430 1,250 1,532 1,341 Intersegment eliminations38 35 34 28 79 73 66 58 Total Aeronautics Systems3,114 2,793 3,060 2,748 5,928 5,790 6,104 5,486 Defense SystemsProduct1,577 1,372 1,433 1,295 2,982 2,634 2,736 2,495 Service361 319 381 333 716 643 773 678 Intersegment eliminations 53 47 45 40 98 87 87 76 Total Defense Systems1,991 1,738 1,859 1,668 3,796 3,364 3,596 3,249 Mission SystemsProduct2,234 1,945 1,918 1,685 4,195 3,675 3,779 3,290 Service582 483 558 475 1,093 917 1,079 921 Intersegment eliminations341 288 297 252 676 570 574 482 Total Mission Systems3,157 2,716 2,773 2,412 5,964 5,162 5,432 4,693 Space SystemsProduct2,119 1,893 2,504 2,254 4,183 3,722 5,157 4,629 Service402 362 398 355 801 724 789 705 Intersegment eliminations125