Company: NOC
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001133421-25-000053
Chunk: 30

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 period.Cash AwardsThe following table presents the minimum and maximum aggregate payout amounts related to cash units (CUs) and cash performance units (CPUs) granted to employees in the periods presented:Nine Months Ended September 30$ in millions20252024Minimum aggregate payout amount$35 $35 Maximum aggregate payout amount199 200 CUs typically vest and settle in cash on the third anniversary of the grant date, while CPUs generally vest and pay out in cash based on the achievement of certain performance metrics over a three-year period.

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Table of ContentsNORTHROP GRUMMAN CORPORATION                        

10.    SEGMENT INFORMATION

The following table presents sales, operating costs and expenses, and operating income by segment:Three Months Ended September 30Nine Months Ended September 30$ in millions2025202420252024Aeronautics SystemsSales$3,142 $2,961 $9,070 $9,065 Operating costs and expenses:Product2,108 1,956 6,575 6,043 Service690 666 1,940 2,007 Intersegment39 30 112 88 Aeronautics Systems operating income305 309 443 927 Defense SystemsSales2,0591,8005,8555,396Operating costs and expenses:Product1,4831,2694,1173,764Service2973339401,011Intersegment4538132114Defense Systems operating income234160666507Mission SystemsSales3,0932,8239,0578,255Operating costs and expenses:Product1,8251,7475,5005,037Service4664511,3831,372Intersegment287235857717Mission Systems operating income5153901,3171,129Space SystemsSales2,6982,8707,9129,021Operating costs and expenses:Product1,9802,0775,7026,706Service2973511,0211,056Intersegment12397328280Space Systems operating income298345861979Intersegment profit eliminations(75)(58)(223)(191)Total segment operating income1,2771,1463,0643,351FAS/CAS operating adjustment672019332Unallocated corporate expense(102)(46)(17)(102)Total operating income1,242 1,120 3,240 3,281 Other (expense) incomeInterest expense(161)(161)(490