$NOC

In a CNN interview, Ukraine’s President Zelensky said Ukraine is receiving about 1% of the Patriot interceptor missiles it needs from the US. He cited a decline to two and a half times fewer interceptors than in 2025, while Russia increased ballistic missile launches. July data cited by Ukrainian intelligence and the UN show low interception rates. The article also reports a KNDS Ammo Italy plant blast in Italy.

Simply Wall St says Northrop Grumman (NOC) announced two multi-year framework agreements worth over $3.0 billion to expand production of PAC-3 MSE solid rocket motors and THAAD components with the U.S. Department of War and Lockheed Martin. The article links the deals to revenue visibility and execution and cost risks, citing 2026 sales guidance of $43.75B to $44.25B and projections of $50.8B revenue and $4.7B earnings by 2029.

The U.S. Space Force, via Space Systems Command under the SBST portfolio, awarded fixed-price contracts and OTAs to five companies to develop a resilient, open-architecture Space Data Network. Each set is valued at $12 million. Five $10M contracts fund SDN multivendor interconnectivity prototyping, and five $2M OTAs fund SEP satellite orbital routers.

Northrop Grumman (NYSE:NOC) received a $158.8 million contract modification from the U.S. Department of War, according to the agency. The award under contract W58RGZ-26-C-0009 covers definitization, with work at Rolling Meadows, Illinois. Completion is estimated Aug. 13, 2026, and $158.831 million in fiscal 2026 funds were obligated.

Northrop Grumman (NYSE: NOC) said it completed the undocking of a Mission Extension Vehicle (MEV) from the Optus D3 satellite, extending the satellite’s on-orbit life. The company said its MEVs have been conducting servicing missions since 2020, and it cited related systems including the Mission Robotic Vehicle (MRV) and Mission Extension Pods (MEPs).

Sens. Mike Lee and Elizabeth Warren back codifying a Trump executive order limiting stock buybacks and dividends for defense contractors that miss delivery schedules or budgets. They cite an analysis of Lockheed Martin, RTX, Northrop Grumman and General Dynamics, saying Q1 2026 buybacks and dividends fell 36% vs Q1 2025. They urge Defense Secretary Pete Hegseth to support a bill.

On Aug. 3, the Pentagon awarded Lockheed Martin (LMT) and Northrop Grumman (NOC) a combined $3B+ deal to expand production of Patriot and THAAD interceptor missile parts. It includes a $2B framework for PAC-3 MSE components and a $1B agreement to expand THAAD component supply over seven years, aiming to triple Patriot and quadruple THAAD output.

Mitsubishi Electric partnered with U.S. startup Array Labs to develop space-based airborne-moving-target-indicator (AMTI) radar for Japan’s Self-Defense Forces, targeting a 90% solution to reduce cost and speed development. Array Labs plans staged satellite launches in 2027-2028 and has DARPA and U.S. Air Force/Navy R&D contracts. The U.S. Space Force awarded SpaceX $4.16B for AMTI by 2028 and $615M to Rocket Lab and STR.

Northrop Grumman said it is developing Raid Hunter, a short-range air defense system using a 50mm Bushmaster Chain Gun, aimed at defeating drone swarms and cruise missiles. It plans further testing in 2026 and more configurations. Leonardo DRS reported test results for its SGT STOUT system after a software upgrade that can counter smaller drones without new hardware; the US military has received several hundred systems.

Northrop Grumman said at the Space and Missile Defense Symposium it is developing a palletized 50mm gun-based SHORAD concept, repackaging its Bushmaster Chain Gun to fire precision-guided rounds for counter-UAS and cruise missiles. The company expects an operational prototype in summer 2027. It cited four-digit per-round costs and aims to reduce missile-battery cost imbalance.