Northrop Grumman Surges to 210th in Trading Volume with $803 Million Day

On April 9, 2025, Northrop Grumman Corporation (NOC) saw a significant increase in its trading volume, reaching $803 million, marking a 32.33% rise from the previous day. This surge placed Northrop Grumman at the 210th position in terms of trading volume for the day. The company's stock price also rose by 4.13%, marking the second consecutive day of gains, with a total increase of 6.38% over the past two days.

Northrop Grumman's Mission Extension Vehicle (MEV) successfully undocked from Intelsat's IS-901 satellite, completing its life extension service. This event marks the first undocking between two commercial spacecraft in the geosynchronous earth orbit (GEO) graveyard. MEV-1 had provided five years of life-extension services to IS-901, allowing Intelsat to operate the satellite beyond its design life. In 2020, MEV-1 successfully docked with IS-901 in the GEO graveyard orbit and brought it back into operation in GEO. With the completion of life-extension services, MEV-1 released IS-901 back into the GEO graveyard and is now relocating to its next servicing mission.

Northrop Grumman's Space Logistics has consistently provided reliable service throughout MEV-1's mission. MEV-2 remains docked to Intelsat 10-02, extending its life for an additional four years, nearly doubling the service from the original extension contract. This achievement underscores Northrop Grumman's leadership in providing life-extension services for satellites in GEO, redefining the boundaries of resiliency, flexibility, and capabilities for government, commercial, and national security customers.

MEV-1's successful undocking and the ongoing mission of MEV-2 highlight Northrop Grumman's pioneering role in satellite servicing. The company's next-generation systems, set to launch next year, will offer expanded services including on-orbit repairs, upgrades, refueling, debris removal, assembly, and manufacturing. This technological advancement positions Northrop Grumman as a key player in the future of space-based asset management, supporting and maintaining both new and existing satellites.