Northrop Grumman Backlog Hits $109.6 Billion as Adjusted EPS Outlook Rises

Northrop Grumman Corporation raised its 2026 mark-to-market-adjusted earnings-per-share outlook Oct. 20 after third-quarter profit beat estimates and its backlog reached $109.6 billion, despite a narrower operating margin. The defense contractor earned $7.89 per diluted share in the third quarter of 2026, up from $7.67 a year earlier and above the $7.18 analyst consensus. Sales increased 7% to $11.1 billion. Backlog at Sept. 30, 2026, was 15% higher than the $95.7 billion recorded at the end of 2025.

Source: TokenPost