Northrop Grumman
Major defense prime. SDA satellites, MEV in-space servicing, launch vehicles, NASA HALO lunar gateway module.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Reported fundamentals from SEC XBRL companyfacts. Derived figures carry their formula in the caption.
Latest quarter (Q2 ended 2026-06-30, filed 2026-07-21): revenue $10.88B · net income $1.09B · cash $2.31B — SEC XBRL.
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
SCHEDULE CREDIBILITY
How well this operator historically meets its own projected dates — launch NETs, company-announced roadmap milestones, and forward-dated facility plans. 100 = says what it does. Discount forward guidance accordingly.
| Source | Events | Late (share) | Median slip | Median slip, late only | Sub-score | On-time allowance |
|---|---|---|---|---|---|---|
| Launch NETs | 1 | 1 (100%) | 3.4 d | 3.4 d | 89.9 | 1 d |
| Roadmap milestones | 3 | 1 (33.3%) | 0 d | 209 d | 71.5 | 30 d |
WORST SLIPS (RECEIPTS)
| Commitment | Source | Announced | Outcome | Slip |
|---|---|---|---|---|
| First NG-built SDA Tranche 1 Transport Layer satellites launched (NG SDA Constellation) open, 209d past target | Roadmap milestones | 2025 | still open | 209 d and counting |
| Swift Rescue Mission NET changed 9x | Launch NETs | 2026-06-30 | 2026-07-03 | 3.4 d |
SCI = 100 × Σ(event credit) ÷ N over the trailing 36 months (2023-07-29 → 2026-07-28). Event credit = 1.0 when the commitment met its announced date (launches: net NET slip < 1 day; roadmap milestones & facility plans: within 30 days of the announced target window — month/year-precision targets count the whole period as on-time), else 30 ÷ (30 + days late beyond that allowance). Sources are pooled, so each source weighs by its event count. Sources: launch NET-change log (LL2 ingest, tracked since 2026-04-17; flown launches in coverage + not-yet-flown launches already slipped ≥1 day; cancelled launches excluded), roadmap registry milestones (company-announced targets, verified provenance only; open milestones past target count as late by days-overdue), facility_plans rows with target_date after announced_at (filing-dated rows excluded). Confidence: high ≥20 events, medium ≥8, low ≥5; no score below 5 events. 100 = says what it does.
Window: 2023-07-29 → 2026-07-28 (36 months) · launch NET log live since 2026-04-17
FLEET COMPOSITION
Every vehicle this operator has flown. Linked profiles carry the full reliability + reuse + subsystem record.
| Vehicle | Class | Launches | Success rate | Reuse | |
|---|---|---|---|---|---|
| Antares 230 | — | 10 | 100.0% | — | |
| Minotaur Iv | — | 4 | 100.0% | — | |
| Pegasus XL | Micro | 3 | 100.0% | Expendable | Profile → |
| Minotaur I | — | 1 | 100.0% | — | |
| Minotaur C 3210 | — | 1 | 100.0% | — |
RECENT LAUNCHES
| Date | Mission | Vehicle | Orbit | Outcome | |
|---|---|---|---|---|---|
| Jul 03, 2026 | Swift Rescue Mission | Pegasus XL | LEO | Success | Source ↗ |
| Apr 07, 2026 | STP-S29A | Minotaur Iv | LEO | Success | Source ↗ |
| Apr 16, 2025 | [NRO Unk Smallsat 15] | Minotaur Iv | — | Success | Source ↗ |
| Aug 02, 2023 | Cygnus NG-19 | Antares 230 | — | Success | Source ↗ |
| Nov 07, 2022 | Cygnus NG-18 | Antares 230 | — | Success | Source ↗ |
| Feb 19, 2022 | Cygnus NG-17 | Antares 230 | — | Success | Source ↗ |
| Aug 10, 2021 | Cygnus NG-16 | Antares 230 | — | Success | Source ↗ |
| Jun 15, 2021 | [NRO Unk Smallsat 9] | Minotaur I | — | Success | Source ↗ |
| Jun 13, 2021 | Odyssey | Pegasus XL | — | Success | Source ↗ |
| Feb 20, 2021 | Cygnus NG-15 | Antares 230 | — | Success | Source ↗ |
RECENT DEALS & CONTRACTS
| Date | Type | Amount | Counterparty | Significance |
|---|---|---|---|---|
| Jun 18, 2026 | Contract Award | $1.10B | NASA, Northrop Grumman | Critical |
| May 11, 2026 | Contract Award | $8.4M | National Aeronautics and Space Administration, NORTHROP GRUMMAN SYSTEMS CORPORATION | Medium |
| May 08, 2026 | Contract Award | $30.0M | NASA, Katalyst Space Technologies | Medium |
| Oct 01, 2024 | Contract Award | $87.2M | National Aeronautics and Space Administration, NORTHROP GRUMMAN SYSTEMS CORPORATION | Medium |
| Sep 15, 2024 | Contract Award | $2.7M | National Aeronautics and Space Administration, NORTHROP GRUMMAN SYSTEMS CORPORATION | Medium |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jul 24, 2026 | Ars Technica — Space | This is the world's most advanced robotic servicing satellite—that we know about |
| Jul 21, 2026 | Via Satellite | SpaceX Launches Northrop Grumman’s First Mission Robotic Vehicle |
| Jul 21, 2026 | NextSpaceflight | Falcon 9 Block 5 | MRV-1 |
| Jul 21, 2026 | SpaceNews | Northrop adds to charges on Vulcan solid rocket motor program |
| Jul 21, 2026 | NASASpaceFlight | Falcon 9 to launch MRV-1 robotic servicing spacecraft for Northrop Grumman |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Northrop Grumman corporate homepage — confirms Space Systems sector operations (NYSE: NOC).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.