Northrop Grumman stock wins USD 66.04 million Triton order

Published on 10/07/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northrop Grumman stock traded at USD 476.40 on October 7, 2026, while a USD 66.04 million Triton order adds contract support. Q2 revenue rose 5.1 percent.

Militärjet und Radarturm auf Wüstenflugplatz bei Sonnenuntergang — Northrop Grumman US6668071029 zeigt generischen Militärjet neben Radaranlage bei Sonnenuntergang auf Wüstenflugplatz, Illustration mit AI erstellt.

Northrop Grumman Corporation (ISIN US6668071029) was trading at USD 476.40 on the NYSE on October 7, 2026 at 10:24 a.m. ET, down 1.39 percent from the prior close. The latest contract adds a concrete program award to the defense companys order profile.

Triton order adds program support

According to Pulse 2.0 on October 5, 2026, Northrop Grumman received a USD 66.04 million U.S. Navy delivery order for engineering retrofits, material and spares for MQ-4C Triton aircraft operated by the U.S. Navy and the Royal Australian Air Force.

The order covers 17 engineering change proposals for the U.S. Navy and 16 for Australia. Work is scheduled to run through June 2030, giving the award a multiyear execution horizon rather than a one-time delivery profile.

Revenue grows while profit falls

According to MarketBeat in its October 2, 2026 report, second-quarter revenue rose 5.1 percent year over year to USD 10.88 billion. Adjusted EPS was USD 7.68, exceeding the USD 6.82 consensus by USD 0.86, but the year-ago EPS was USD 8.15.

The contrast matters for the stock: sales growth and the Triton award support demand visibility, while the EPS comparison shows that execution and program costs remain central to the next results. Northrop Grumman is scheduled to publish third-quarter figures on October 20, 2026, before the U.S. market opens, according to Northrop Grumman.

Consensus target remains higher

MarketBeat reports a Moderate Buy consensus from 21 analysts and an average price target of USD 647.57. That target lies 35.9 percent above the USD 476.40 NYSE price, creating a quantified gap that the October 20 report will test.

Stock trades near yearly low

Northrop Grumman stock was trading at USD 476.40 on October 7, 2026, within a 52-week range of USD 470.06 to USD 774.00. Its market capitalization stood at USD 67.7 billion on the same date.