Albuquerque's X-Bow lands $12.2M drone contract, latest win in growing string of deals [Yahoo! Finance]
Northrop Grumman Corporation (NOC)
Last northrop grumman corporation earnings: 4/29 06:39 am
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Source: Yahoo! Finance
X-Bow Systems, which has a testing facility in Socorro, will sell thousands of solid rocket motors and launch cradles to AEVEX of Solana Beach, California. X-Bow said in a news release this month that its components allow “drones to take off from unprepared surfaces and confined spaces, significantly expanding operational flexibility in modern conflict zones.” The company says the global market for military drones is “projected to grow significantly” with ongoing U.S and allied conflicts in several nations. The contract is just one of $212 million worth of deals for X-Bow, which sees the demand for more versatile drones expanding as conflicts erupt globally. In March, X-Bow acquired Evolution Space to expand X-Bow's production capacity and last year secured a $13.9 million contract with the U.S. Army to design, prototype and test an advanced solid rocket motor for a surface-to-surface missile. CEO Jason Hundley, who founded X-Bow in 2016, declared X-Bow a disruptive new company
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- Northrop Grumman (NOC) had its price target raised by Jefferies Financial Group Inc. from $690.00 to $710.00. They now have a "hold" rating on the stock.MarketBeat
NOC
Earnings
- 1/27/26 - Beat
NOC
Sec Filings
- 4/3/26 - Form ARS
- 4/3/26 - Form DEF
- 4/2/26 - Form 4
- NOC's page on the SEC website