Northrop Grumman Slips to 300th in Trading Volume Despite Stock Gains and F/A-XX Fighter Contract Prospects

On March 24, 2025, Northrop Grumman (NOC) saw a trading volume of $309 million, a significant 69.76% decrease from the previous day, placing it at the 300th position in the day's stock market rankings. The stock price rose by 0.89%, marking the second consecutive day of gains, with a total increase of 1.20% over the past two days.

Boeing's recent win of the US Air Force NGAD contract, valued at over $300 billion, marks its first clean-sheet fighter jet design. This victory positions Northrop Grumman as a strong contender for the Navy's F/A-XX fighter deal, potentially boosting its stock if successful.

With Lockheed Martin out of the running and Boeing focused on the F-47, Northrop Grumman is now the top pick to secure the Navy's F/A-XX fighter contract. This development could significantly enhance Northrop's market position and financial performance.

Northrop Grumman has been recognized for its strong performance, scoring higher than 91% of companies evaluated by MarketBeat and ranking 6th out of 49 stocks in the aerospace sector. This high ranking reflects the company's robust market position and potential for future growth.