Loss Contingency Loss In Period
Northrop Grumman Loss Contingency Loss In Period decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $477.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase signals operational challenges or cost growth on major defense programs.
Detailed definition
This represents charges taken against earnings for anticipated losses on specific long-term contracts or legal contingen...
Peer comparison
Frequent in the defense industry due to the high-risk nature of fixed-price development contracts.
operating_loss_contingency_loss_in_periodHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $389.75M | $389.75M | $389.75M | $389.75M | $0.00 | $0.00 | $0.00 | $0.00 | $477.00M | $0.00 |
| QoQ Change | — | — | — | — | — | — | — | — | +0.0% | +0.0% | +0.0% | -100.0% | — | — | — | — | -100.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | -100.0% | -100.0% | -100.0% | -100.0% | — | -100.0% |
Product Breakdown
| Segment | Q1 '25 |
|---|---|
| B-21 Program LRIP Options 1-5 | $477.00M |
| B-21 Program LRIP Options 3-5 | $251.00M |
| Total | $477.00M |
B-21 Program LRIP Options, B-21 Program LRIP Options 1-5, B-21 Program LRIP Options 3-5 were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q4 '23 |
|---|---|
| Aeronautics Systems | $1.56B |
| Total | $389.75M |
Loss Contingency Loss In Period at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's loss contingency loss in period?
- Northrop Grumman (NOC) reported loss contingency loss in period of $0.00 in Q1 2026.
- How has Northrop Grumman's loss contingency loss in period changed year-over-year?
- Northrop Grumman's loss contingency loss in period decreased by 100.0% year-over-year, from $477.00M to $0.00.
- What does loss contingency loss in period mean?
- Accounting charges for expected future losses on specific projects or legal matters.