Northrop Grumman's Enduring Discount: A Missile Defense Conundrum Northrop Grumman Corporation's latest missile defense contract win failed to send its stock soaring. Instead, shares slipped 2.
5% to $515 on September 4, 2026, despite a significant booking that will keep the company busy through 2035.
This lukewarm reaction is puzzling, especially when considering the broader defense industry's enthusiasm for such contracts. The recent contract, worth $508.