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Northrop Grumman Raises 2026 Outlook on Record $105B Backlog

Northrop Grumman raised its full-year 2026 sales guidance to a range of $43.75–$44.25 billion following strong Q2 performance. The company reported quarterly sales of $10.9 billion, representing a 5% year-over-year increase. Additionally, its backlog reached a record $104.7 billion after securing $20.0 billion in net awards.