NORTHROP GRUMMAN CORP DE
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
NOC$539.07+2.7%Stored close · as of Nov 9, 2026
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3. Inventoried Costs, Net
- INVENTORIED COSTS, NET
Inventoried costs, net consist of the following:
| $ in millions | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Contracts in process | $862 | $647 |
| Product inventory: | ||
| Raw materials | 357 | 338 |
| Work in process | 92 | 72 |
| Finished goods | 59 | 52 |
| Total product inventory | 508 | 462 |
| Inventoried costs, net | $1,370 | $1,109 |
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