• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Northrop Grumman Invests $50 Million in Firefly Aerospace to Advance Medium Launch Vehicle Named Eclipse™

    5/29/25 11:00:00 AM ET
    $NOC
    Industrial Machinery/Components
    Industrials
    Get the next $NOC alert in real time by email

    Eclipse Launch Vehicle

    CEDAR PARK, Texas, May 29, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has invested $50 million into Firefly Aerospace to further advance production of their co-developed medium launch vehicle, now known as Eclipse™. The companies continue to make progress in the development of Eclipse flight hardware with qualification testing underway and more than 60 Miranda engine hot fire tests performed to date.

    "Firefly is incredibly grateful for Northrop Grumman's investment that further solidifies our first-of-its-kind partnership to build the first stage of Antares 330 and jointly develop Eclipse," said Jason Kim, CEO of Firefly Aerospace. "Eclipse represents two powerful forces coming together to transform the launch market with decades of flight heritage, a rapid, iterative approach, and bold innovation. With a 16 metric ton to orbit capability, Eclipse is a sweet spot for programs like NSSL Lane 1 and a natural fit to launch proliferated constellations in LEO, MEO, GEO, and TLI."

    Built upon Northrop Grumman's Antares and Firefly's Alpha rocket, Eclipse offers a significant leap in power, performance, production cadence, and payload capacity. The launch vehicle retains the flight-proven avionics from the Antares program with additional upgrades, including a larger 5.4 meter payload fairing. Eclipse also utilizes the same first stage Firefly is developing for Antares 330 and retains scaled-up versions of Alpha's propulsion systems and carbon composite structures, allowing the team to rapidly build and test Eclipse with significant production efficiencies and economies of scale.

    Firefly utilized the same patented tap-off cycle architecture from Alpha's Reaver and Lightning engines for Eclipse's Miranda and Vira engines, and completed mission duty cycle with a 206 second Miranda hot fire, matching the longest time the engine will burn during a flight. Following several development test campaigns, flight hardware has been manufactured for the common dome propellant tanks, engine bay and interstage.

    "Eclipse gives customers the right balance between payload capacity and affordability," said Wendy Williams, vice president and general manager, launch and missile defense systems, Northrop Grumman. "Our partnership with Firefly builds on our capacity to provide crucial spaced-based communication, observation, and exploration for civil and national security customers."

    Filling a void in an underserved market, Eclipse is equipped to deliver 16,300 kg of cargo to low Earth orbit or 3,200 kg of cargo to geosynchronous transfer orbit. Eclipse will first launch from Wallops Island, Virginia, as early as 2026 and is able to support space station resupply, commercial spacecraft, critical national security missions and scientific payloads for the domestic and international markets.

    About Firefly Aerospace

    Firefly Aerospace is an end-to-end responsive space company with launch, lunar, and on-orbit services. Headquartered in central Texas, Firefly is a portfolio company of AE Industrial Partners ("AEI") focused on delivering rapid, reliable, and affordable space access for government and commercial customers. Firefly's small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond. For more information, visit www.fireflyspace.com.

    About Northrop Grumman

    Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day.

    Media Contacts

    Firefly Aerospace

    [email protected]

    Northrop Grumman

    [email protected]

    Image Gallery

    Eclipse | Flickr

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffa02daf-0f32-4653-bca9-19ddec554a50

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/db265e47-71a5-4d88-8ae0-928aa19b163a



    Primary Logo

    Get the next $NOC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NOC

    DatePrice TargetRatingAnalyst
    4/11/2025$521.00Sell → Neutral
    Goldman
    3/27/2025$500.00 → $575.00Sector Perform → Outperform
    RBC Capital Mkts
    2/3/2025Underperform → Peer Perform
    Wolfe Research
    1/21/2025$587.00Neutral → Buy
    Citigroup
    1/14/2025$544.00Buy
    Truist
    1/8/2025$595.00Equal Weight → Overweight
    Wells Fargo
    8/27/2024$560.00Overweight → Neutral
    Alembic Global Advisors
    7/29/2024$474.00 → $575.00Hold → Buy
    Deutsche Bank
    More analyst ratings

    $NOC
    SEC Filings

    See more
    • Northrop Grumman Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement

      8-K - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Filer)

      5/29/25 4:10:12 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • SEC Form 424B5 filed by Northrop Grumman Corporation

      424B5 - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Filer)

      5/28/25 4:42:48 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • SEC Form 424B5 filed by Northrop Grumman Corporation

      424B5 - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Filer)

      5/27/25 8:48:04 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials

    $NOC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Northrop Grumman Corporation

      SC 13G/A - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Subject)

      11/13/24 12:38:27 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Northrop Grumman Corporation (Amendment)

      SC 13G/A - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Subject)

      2/12/24 10:22:08 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Northrop Grumman Corporation (Amendment)

      SC 13G/A - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Subject)

      1/30/24 1:13:59 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials

    $NOC
    Financials

    Live finance-specific insights

    See more

    $NOC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Northrop Grumman Increases Quarterly Dividend 12 Percent to $2.31

      FALLS CHURCH, Va., May 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $2.31 per share on Northrop Grumman common stock, payable June 18, 2025, to shareholders of record as of the close of business June 2, 2025. "Reflecting our strong financial position and commitment to deliver value to our shareholders, we are increasing our quarterly dividend by 12 percent," said Kathy Warden, chair, chief executive officer and president, Northrop Grumman. "This marks our 22nd consecutive annual increase and demonstrates our disciplined approach to capital deployment, returning capital to shareholders while investing in inn

      5/20/25 4:32:25 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman Releases First Quarter 2025 Financial Results

      FALLS CHURCH, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has released its first quarter 2025 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com. As previously announced, Northrop Grumman will webcast its earnings conference call at 9:30 a.m. Eastern time today. A live audio broadcast of the conference call will be available on http://investor.northropgrumman.com. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capa

      4/22/25 6:59:01 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman Announces Webcast, Conference Call of First Quarter 2025 Financial Results

      FALLS CHURCH, Va., March 20, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that its first quarter 2025 financial results will be posted on its investor relations website on Tuesday, April 22, 2025. Prior to the market opening, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website at http://investor.northropgrumman.com. The company's first quarter 2025 conference call will be held at 9:30 a.m. Eastern time, Tuesday, April 22, 2025. The conference call will be webcast live on Northrop Grumman's website at http://investor.northropgrumman.com. Replays of the

      3/20/25 9:00:46 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman upgraded by Goldman with a new price target

      Goldman upgraded Northrop Grumman from Sell to Neutral and set a new price target of $521.00

      4/11/25 8:15:37 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman upgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts upgraded Northrop Grumman from Sector Perform to Outperform and set a new price target of $575.00 from $500.00 previously

      3/27/25 8:06:30 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman upgraded by Wolfe Research

      Wolfe Research upgraded Northrop Grumman from Underperform to Peer Perform

      2/3/25 8:33:32 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials

    $NOC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Northrop Grumman Invests $50 Million in Firefly Aerospace to Advance Medium Launch Vehicle Named Eclipse™

      CEDAR PARK, Texas, May 29, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has invested $50 million into Firefly Aerospace to further advance production of their co-developed medium launch vehicle, now known as Eclipse™. The companies continue to make progress in the development of Eclipse flight hardware with qualification testing underway and more than 60 Miranda engine hot fire tests performed to date. "Firefly is incredibly grateful for Northrop Grumman's investment that further solidifies our first-of-its-kind partnership to build the first stage of Antares 330 and jointly develop Eclipse," said Jason Kim, CEO of Firefly Aerospace. "Eclipse represents two powerful

      5/29/25 11:00:00 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman Prices $1.0 Billion Debt Offering

      FALLS CHURCH, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) ("Northrop Grumman") announced today that it has priced a $1.0 billion underwritten public offering of senior unsecured notes. The notes include: $500 million of 4.650% senior notes due 2030$500 million of 5.250% senior notes due 2035 Northrop Grumman expects to use the net proceeds from the offering for general corporate purposes, which may include debt repayment (including its 7.875% and 7.750% senior notes due 2026), share repurchases and working capital. The offering is expected to close on May 29, 2025, subject to the satisfaction of customary closing conditions. When available, copies of

      5/27/25 5:12:32 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Northrop Grumman to Participate in Bernstein's 41st Annual Strategic Decisions Conference

      FALLS CHURCH, Va., May 21, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will participate in Bernstein's 41st Annual Strategic Decisions Conference on Wednesday, May 28. Kathy Warden, chair, chief executive officer and president, will present beginning at 10:00 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest p

      5/21/25 9:01:14 AM ET
      $NOC
      Industrial Machinery/Components
      Industrials

    $NOC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Ross Kimberly A. was granted 385 shares, increasing direct ownership by 45% to 1,242 units (SEC Form 4)

      4 - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Issuer)

      5/22/25 4:43:30 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Director Welsh Mark A Iii was granted 385 shares, increasing direct ownership by 10% to 4,409 units (SEC Form 4)

      4 - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Issuer)

      5/22/25 4:42:05 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials
    • Director Turley James S was granted 385 shares, increasing direct ownership by 7% to 6,297 units (SEC Form 4)

      4 - NORTHROP GRUMMAN CORP /DE/ (0001133421) (Issuer)

      5/22/25 4:40:27 PM ET
      $NOC
      Industrial Machinery/Components
      Industrials