Added to YB: 2026-02-27
Pitch date: 2026-02-26
NOC [bullish]
Northrop Grumman Corporation
Author Info
No bio for this author
Company Info
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally.
Market Cap
$99.9B
Pitch Price
N/A
Price Target
N/A
Dividend
1.31%
EV/EBITDA
15.39
P/E
24.20
EV/Sales
2.69
Sector
Aerospace and Defense
Category
growth
The Arsenal of Democracy: Selling Northrop Grumman ($NOC)
NOC: Sold 1,500 Mar'26 $640 puts at $4.25 ($638K credit). B-21 production accelerating 25% w/ $4.5B funding. $91.5B backlog = 2yrs revenue visibility. $640 strike = 12% safety vs current $700+. Bears fixated on $2B initial hit miss production ramp. Net cost $635.75 vs $778 Street target if assigned. Defense spending regime shift favors production scale-up.
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