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Revenue by Segment
Breaks down sales across various divisions, showcasing which areas are growing and contributing most to the company's top line, indicating strategic strengths or weaknesses.
Aeronautics and Mission Systems are the clear drivers of recent growth—volume on B‑21, Takamo and mature programs is boosting sales and margins and underpins the raised 2026 guide. Defense Systems shows backlog-driven recovery (Sentinel definitization) but near-term EAC hits (SAW) mask margin progress. Space is the most volatile, with GEM 63XL-related adjustments compressing margins and timing. Rising intersegment eliminations are materially reducing consolidated revenue, so focus on H2 backlog conversion and margin recovery rather than headline swings.
NOC Revenue by Segment
| Date | Intersegment Eliminations | Space Systems | Aeronautics Systems | Defense Systems | Mission Systems |
|---|---|---|---|---|---|
| Sep 30, 2026 | -$664.00M | $2.75B | $3.58B | $2.31B | $3.15B |
| Jun 30, 2026 | -$739.00M | $2.75B | $3.52B | $2.09B | $3.25B |
| Mar 31, 2026 | -$642.00M | $2.48B | $3.28B | $1.90B | $2.86B |
| Dec 31, 2025 | -$665.00M | $2.86B | $3.92B | $2.15B | $3.45B |
| Sep 30, 2025 | -$569.00M | $2.70B | $3.14B | $2.06B | $3.09B |
| Jun 30, 2025 | -$557.00M | $2.65B | $3.11B | $1.99B | $3.16B |
| Mar 31, 2025 | -$526.00M | $2.57B | $2.81B | $1.80B | $2.81B |
| Dec 31, 2024 | -$502.00M | $2.71B | $3.33B | $2.00B | $3.14B |
| Sep 30, 2024 | -$659.00M | $2.87B | $2.88B | $2.08B | $2.82B |
| Jun 30, 2024 | -$604.00M | $3.57B | $2.96B | $1.51B | $2.77B |
| Mar 31, 2024 | -$562.00M | $3.65B | $2.97B | $1.41B | $2.66B |
| Dec 31, 2023 | -$582.00M | $3.60B | $2.91B | $1.65B | $3.06B |
| Sep 30, 2023 | -$546.00M | $3.51B | $2.77B | $1.42B | $2.63B |
| Jun 30, 2023 | -$568.00M | $3.49B | $2.60B | $1.42B | $2.64B |
| Mar 31, 2023 | -$503.00M | $3.35B | $2.52B | $1.38B | $2.56B |
| Dec 31, 2022 | -$586.00M | $3.28B | $2.76B | $1.66B | $2.93B |
| Sep 30, 2022 | -$530.00M | $3.16B | $2.54B | $1.34B | $2.46B |
| Jun 30, 2022 | -$522.00M | $2.98B | $2.53B | $1.29B | $2.52B |
| Mar 31, 2022 | -$541.00M | $2.85B | $2.70B | $1.28B | $2.50B |
| Dec 31, 2021 | -$549.00M | $2.66B | $2.63B | $1.38B | $2.52B |
| Sep 30, 2021 | -$531.00M | $2.68B | $2.73B | $1.41B | $2.44B |
| Jun 30, 2021 | -$525.00M | $2.75B | $2.91B | $1.43B | $2.59B |
| Mar 31, 2021 | -$505.00M | $2.52B | $2.99B | $1.56B | $2.59B |
| Dec 31, 2020 | -$478.00M | $2.55B | $3.49B | $1.92B | $2.74B |
| Sep 30, 2020 | -$439.00M | $2.20B | $2.91B | $1.86B | $2.55B |
| Jun 30, 2020 | -$421.00M | $2.05B | $2.92B | $1.89B | $2.45B |
| Mar 31, 2020 | -$399.00M | $1.95B | $2.84B | $1.88B | $2.35B |
| Dec 31, 2019 | -$403.00M | $1.95B | $2.81B | $1.88B | $2.49B |
| Sep 30, 2019 | -$421.00M | $1.89B | $2.77B | $1.93B | $2.31B |
| Jun 30, 2019 | -$373.00M | $1.79B | $2.72B | $1.92B | $2.40B |
| Mar 31, 2019 | -$408.00M | $1.80B | $2.82B | $1.77B | $2.21B |
