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flag Northrop Grumman sets record $91.5B backlog, forecasts 2025 growth despite Q4 sales plateau.

flag Northrop Grumman reported a strong fourth quarter of 2024, setting a record backlog of $91.5 billion, with CEO Kathy Warden attributing the success to advanced technology investments. flag Despite flat Q4 sales, the company saw growth in most segments, a 4% increase in 2024 sales, and improved margins. flag The Space Systems segment faced a 13% sales drop due to program changes, but the company anticipates a sales increase in 2025. flag Guidance for 2025 includes 3-4% organic growth and double-digit free cash flow growth.

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