NORTHROP GRUMMAN CORP /DE/
For the period ended Sep 30, 2025. Filed Oct 21, 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.
Sep 30, 2025 · Filed Oct 21, 2025
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Backlog
Backlog consisted of the following as of September 30, 2025 and December 31, 2024:
| September 30, 2025 · December 31, 2024 | |||||
|---|---|---|---|---|---|
| $ in millions | Funded | Unfunded | TotalBacklog | TotalBacklog | % Change in 2025 |
| Aeronautics Systems | $10,912 | $11,538 | $22,450 | $25,202 | (11)% |
| Defense Systems | 8,643 | 18,455 | 27,098 | 26,614 | 2% |
| Mission Systems | 12,311 | 5,886 | 18,197 | 16,443 | 11% |
| Space Systems | 7,100 | 16,603 | 23,703 | 23,209 | 2% |
| Total backlog | $38,966 | $52,482 | $91,448 | $91,468 | —% |
Third quarter and year to date 2025 net awards totaled $12.2 billion and $30.4 billion, respectively. Backlog totaled $91.4 billion and reflects a $150 million reduction to backlog in connection with the training services divestiture during the second quarter of 2025. Significant third quarter new awards include $4.5 billion for restricted programs (primarily at Space Systems, Mission Systems and Aeronautics Systems), $1.8 billion for Ground-Based Midcourse Defense Weapon System (GWS), $0.5 billion for F-35 (primarily at Aeronautics Systems and Mission Systems), and $0.4 billion for Virginia Class submarines.
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