What does stand-in attack weapon program — operating income mean?

This metric represents the profitability generated by the specific program dedicated to developing and producing stand-in attack weapon systems. It measures the operating earnings derived from contract performance, including research, development, and delivery phases of these tactical defense assets. Analyzing this figure helps investors assess the program's margin contribution and its overall impact on the company's defense systems segment performance.

Northrop Grumman (NOC) Stand-in Attack Weapon Program — Operating Income

Screener

Other product segments

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-$157M—

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-$91M—

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FBYDDestination Operations — Operating Income

-$242K+36.3%

Other financials

Income statement

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Revenue$10.9B+5.1%

Operating income$1.1B-23.1%

Net income$1.1B-6.8%

EPS (diluted)$7.68-5.8%

Balance sheet

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Cash & equivalents$2.3B+21.5%

Total debt$17.1B-2.6%

Total equity$17.9B+15.6%

Total assets$50.8B+2.7%

Cash flow

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Operating cash flow-$1.7B-5.8%

CapEx$302.0M+30.7%

Free cash flow-$1.8B-0.1%

Valuation

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Market cap$79.2B-6.1%

Enterprise value$93.94B-6.1%

P/E17.6×-3.8×

P/S1.9×-0.2×

Profitability

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Operating margin10.7%+0.3pp

Net margin10.5%+0.7pp

FCF margin7.8%+3.4pp

Returns & leverage

See full

Return on equity27%+0.5pp

Debt / equity1×-0.2×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Northrop Grumman’s 10-Q, filed July 21, 2026.

Filed: Jul 21, 2026, 4:02 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001133421-26-000034

$ in millions, except per share amounts	Three Months Ended June 30 / 2026	Three Months Ended June 30 / 2025	Six Months Ended June 30 / 2026	Six Months Ended June 30 / 2025
General and administrative expenses	1,025	1,016	1,996	2,023
Total operating costs and expenses	9,780	9,157	18,672	18,052
Gain on sale of business	—	231	—	231
Operating income	1,096	1,425	2,085	1,998
Other (expense) income
Interest expense	(161)	(173)	(323)	(329)
Non-operating FAS pension benefit	166	137	332	267
Other, net	67	38	104	69

Item 1. Financial Statements (Unaudited)

FAQ

What is Northrop Grumman's stand-in attack weapon program — operating income?: Northrop Grumman (NOC) reported stand-in attack weapon program — operating income of -$68M in Q2 2026.
What does stand-in attack weapon program — operating income mean?: This metric represents the profitability generated by the specific program dedicated to developing and producing stand-in attack weapon systems. It measures the operating earnings derived from contract performance, including research, development, and delivery phases of these tactical defense assets. Analyzing this figure helps investors assess the program's margin contribution and its overall impact on the company's defense systems segment performance.