NORTHROP GRUMMAN CORP DE
For the period ended Mar 31, 2025. Filed Apr 22, 2025.
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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, 2025 · Filed Apr 22, 2025
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Backlog
Backlog consisted of the following as of March 31, 2025 and December 31, 2024:
| March 31, 2025 · December 31, 2024 | |||||
|---|---|---|---|---|---|
| $ in millions | Funded | Unfunded | TotalBacklog | TotalBacklog | % Change in 2025 |
| Aeronautics Systems | $11,718 | $13,736 | $25,454 | $25,202 | 1% |
| Defense Systems | 8,851 | 17,695 | 26,546 | 26,614 | —% |
| Mission Systems | 12,005 | 5,621 | 17,626 | 16,443 | 7% |
| Space Systems | 7,368 | 15,803 | 23,171 | 23,209 | —% |
| Total backlog | $39,942 | $52,855 | $92,797 | $91,468 | 1% |
First quarter 2025 net awards totaled $10.8 billion, and backlog totaled $92.8 billion. Significant first quarter new awards include $4.6 billion for restricted programs (primarily at Space Systems, Aeronautics Systems and Mission Systems), $1.1 billion for F-35 programs (primarily at Mission Systems and Aeronautics Systems), $0.5 billion for the Integrated Battle Command System (IBCS) program, $0.3 billion for Triton, and $0.3 billion for E-2.
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