Northrop Grumman Corporation (NOC) saw its stock price drop by 14.82 percent to $452.61 during Tuesday's trading after reporting lower-than-expected revenue and net earnings for the first quarter of 2025.
Total sales for the quarter were $9.47 billion, down from $10.13 billion in the same period last year.
The stock traded between $455.24 and $494.04, with 2.7 million shares changing hands, more than double the average volume of 1.1 million on the New York Stock Exchange.
Net earnings also fell significantly to $481 million, compared to $944 million in the first quarter of 2024.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.