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Northrop raises annual profit forecast on strong demand

Summary by WTVB
By Utkarsh Shetti and Mike Stone (Reuters) -Northrop Grumman raised its 2025 profit forecast for a second straight quarter on Tuesday, as the defense contractor expects continued demand for its weapons and military aircraft. Conflicts in the Middle East and a protracted Russia-Ukraine war have prompted a surge in demand for missiles and fighter jets, boosting sales at defense contractors. The company is also expected to compete on contracts for …
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Northrop raises annual profit forecast on strong demand

By Utkarsh Shetti and Mike Stone (Reuters) -Northrop Grumman raised its 2025 profit forecast for a second straight quarter on Tuesday, as the defense contractor expects continued demand for its weapons and military aircraft. Conflicts in the Middle East and a protracted Russia-Ukraine war have prompted a surge in demand for missiles and fighter jets, boosting sales at defense contractors. The company is also expected to compete on contracts for …

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WTVB broke the news in on Tuesday, October 21, 2025.
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