Northrop reports $10B for 4Q

Northrop Grumman (NOC) reported $10B in revenue for the fourth quarter of 2022, up 16% from the prior-year and a 3% increase in organic sales for the full year. The Virginia-based aerospace and defense contractor said Jan. 26 that its sales growth was driven by demand for its products, performance of the company’s space and mission systems segments and improving trends in labor availability. Q4 net awards were $9.1B, including $3.2B for restricted programs, $700M for the F-35 aircraft and $400M for the Integrated Air and Missile Defense Battle Command System. Its full-year net awards reached $39.3B. Its total backlog was $78.7B. The space systems business logged a 23% increase in sales for the fourth quarter. (GovWire 01/26/23) Northrop Posts 16% Rise in Q4 Revenue; Kathy Warden Offers Update on B-21 Raider Program - GovCon Wire 

Northrop Grumman locations in Mississippi: Moss Point, Iuka, Ocean Springs.

Northrop Grumman locations in Louisiana: Lake Charles. Fort Polk, Belle Chasse.