Company: NOC
Filing Date: 2025-02-19
Form Type: 8-K
Source: 0001133421-25-000008
Chunk: 0

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-02-19
Form: 8-K
Item: Item 5.02
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ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On February 18, 2025, the Compensation and Human Capital Committee and the Board of Directors (the "Board") of Northrop Grumman Corporation (the "Company") approved the following compensation-related actions for the Company's named executive officers.

• Approved the 2025 goals under the 2006 Annual Incentive Plan and Incentive Compensation Plan, as amended and restated effective January 1, 2024 (the "ICP"). The financial metrics selected for inclusion in the ICP (and their relative weightings) are as follows: cash flow from operations before discretionary pension funding (35%); segment operating income growth (35%); adjusted operating margin rate* (20%); and non-financial metrics (10%). The non-financial metrics in the ICP are: (1) Inclusion and Belonging, (2) Environmental Sustainability, (3) Quality and (4) Customer Satisfaction.