Below are the financial statements of Northrop Grumman, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Sales | — | — | — |
| Product | 32,726a | 30,897a | 28,522a |
| Service | 8,307a | 8,393a | 8,080a |
| Total sales | 41,033a | 39,290a | 36,602a |
| Operating costs and expenses | — | — | — |
| Product | -26,188a | -26,226a | -22,761a |
| Service | -6,483a | -6,513a | -6,367a |
| General and administrative expenses | -3,992a | -4,014a | -3,873a |
| Total operating costs and expenses | -36,663a | -36,753a | -33,001a |
| Operating income | 4,370a | 2,537a | 3,601a |
| Other (expense) income | — | — | — |
| Interest expense | -621a | -545a | -506a |
| Non-operating FAS pension benefit | 656a | 530a | 1,505a |
| Mark-to-market pension and OPB benefit (expense) | 443a | -422a | 1,232a |
| Other, net | 168a | 246a | 4a |
| Earnings before income taxes | 5,016a | 2,346a | 5,836a |
| Federal and foreign income tax expense | -842a | -290a | -940a |
| Net earnings | 4,174a | 2,056a | 4,896a |
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