Northrop Grumman Releases Second Quarter 2025 Financial Results
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 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.
Contact: News Bureaunewsbureau@ngc.com
Investors: Todd Ernsttodd.ernst@ngc.comSign in to access your portfolio
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Elon Musk's SpaceX Moves Bitcoin For The First Time In 3 Years: Is A Sell-Off Incoming?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. SpaceX has reportedly moved parts of its Bitcoin holdings after a long period of dormancy. Cryptocurrency intelligence platform Arkham said Tuesday on X that a wallet linked to the Elon Musk-led space exploration and technology company had moved about 1,300 BTC worth over $153 million, marking the first time the wallet has been touched since June 2022. 'SPACEX JUST MOVED BITCOIN FOR THE FIRST TIME IN 3 YEARS,' Arkham wrote. 'They sent 1.3K BTC ($153M) to a fresh address this morning.' Don't Miss: 7,000+ investors have joined Timeplast's mission to eliminate microplastics— — no wallets, just price speculation and free paper trading to practice different strategies. The report has raised questions about the purpose of the transfer, with moves like this typically indicative of a wallet custody adjustment or an impending sell-off. SpaceX did not immediately respond to a Benzinga request for comment. According to Arkham data, the SpaceX-linked wallet still holds nearly 7,000 BTC worth over $830 million. Meanwhile, at last look, the transferred 1,300 BTC has not moved from the recipient address. The recent asset movement comes as SpaceX's lucrative government contracts have reportedly come under scrutiny from the Trump administration following Musk's row with President Donald Trump. Meanwhile, amid this uncertainty, the firm is seeking to raise over $1 billion to secure a $400 billion valuation. Trending: Grow your IRA or 401(k) with Crypto – . SpaceX's Bitcoin Exploration Musk first disclosed that SpaceX had added Bitcoin to its balance sheet in July 2021, without revealing how much the firm had invested in the asset. But reporting from blockchain sleuths suggests that the firm purchased nearly 26,000 BTC for about $860 million in 2021 at an average price of $33,000 per coin. Sometime down the line, however, the reporting suggests that the firm reduced its holdings to just over 8,000 BTC. This aligns with Wall Street Journal findings in August 2023, indicating that the firm had sold the asset. Similarly, Tesla purchased over 43,000 BTC worth $1.5 billion in February 2021, according to Securities and Exchange Commission filings. The firm cited a need 'for more flexibility to diversify and maximize returns' on its cash as the reason for its decision. Like SpaceX, Tesla has also significantly reduced its Bitcoin holdings to just over 11,500 BTC, worth $1.4 billion at last his firms have significantly reduced their Bitcoin holdings in recent years, Musk in 2022 said that he intended not to sell his holdings. He said this while discussing inflation concerns. 'It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,' he said on X at the time. 'I still own & won't sell my Bitcoin, Ethereum or Doge fwiw.' Recently, Musk has stoked speculation that he has been quietly accumulating the asset by liking a post suggesting so. He has also said his proposed political party, the 'America party,' would 'embrace Bitcoin,' slamming fiat as 'hopeless' in the wake of his disillusionment with the government's decision to pass the so-called "One Big Beautiful Bill." The act's provisions could add over $3 trillion to the national deficit in the next decade, according to estimates by the Congressional Budget Office in May. Read Next: A must-have for all crypto enthusiasts: . Image: Shutterstock This article Elon Musk's SpaceX Moves Bitcoin For The First Time In 3 Years: Is A Sell-Off Incoming? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Want a free E-ZPass transponder? Delaware's giving them away in August
Delaware motorists have the opportunity to receive a free E-ZPass transponder during a month-long promotion this August. The Delaware Division of Motor Vehicles and E-ZPass Delaware are offering the free devices to anyone who opens a new individual E-ZPass Delaware account between Aug. 1 and Aug. 31, 2025. The offer does not apply to commercial accounts. Delaware E-ZPass account holders pay lower toll rates than out-of-state drivers or those using toll-by-plate. To help drivers estimate costs more accurately, the Delaware Department of Transportation will update its online toll calculator on Aug. 1. The update will reflect new rates for the state's three toll roads and pricing for vehicles with additional axles. To open an account, customers can visit call 1-888-397-2773, or visit an E-ZPass location in person. These include the E-ZPass Service Center in Dover and toll plazas in Dover, Middletown (Biddles Corner) and Newark. Walk-in service at toll plazas is available 24 hours a day, seven days a week. Toll fee increases set for August This free transponder event comes as tolls on several of Delaware's major roads are set to rise. Beginning Aug. 1, new rates will apply to I-95 in Newark, the US 301 Mainline and State Route 1 at Biddles Corner and Dover. On I-95 in Newark, the toll for two-axle vehicles will rise from $4.00 to $5.00 for both cash and E-ZPass users. At US 301 Mainline, the toll for two-axle E-ZPass users will increase from $4.00 to $5.00, while toll-by-plate customers will pay $7.00, up from $5.60. Toll amounts for interchanges along US 301 will vary. Drivers on SR 1 at Biddles Corner and Dover will see the following changes: Delaware E-ZPass holders: Weekday toll: $1.50 (two-axle vehicles) Weekend toll: $4.00 Cash and non-Delaware E-ZPass users: Weekday toll: $2.50 Weekend toll: $6.00 Can I use my Delaware E-ZPass outside of the state? Yes, the transponder works in the E-ZPass network, which includes Delaware and 18 other states. The 18 other states are: New Jersey Pennsylvania Maryland New York Massachusetts New Hampshire Maine Rhode Island Virginia West Virginia North Carolina Geogia Florida Kentucky Ohio Indiana Illinois Minnesota DMV fee increases to begin in October The Delaware Department of Transportation has also announced increases to DMV fees beginning on Oct. 1, 2025. Changes include a 1% increase to the document fee applied to vehicle transactions. Additionally, a new annual registration fee for alternative fuel vehicles will go into effect, affecting more than 48,000 registered vehicles in the state, according to DelDOT. MORE FEE INCREASES: Toll increases announced for Delaware Memorial Bridge. What drivers need to know State officials estimate that these increases will generate an additional $107 million annually to support infrastructure improvements across Delaware. For more information on toll rates or DMV fees, contact DelDOT Community Relations at 302-760-2080 or email dotpr@ You can contact staff reporter Anitra Johnson at ajohnson@ This article originally appeared on Delaware News Journal: How to get a free Delaware E-ZPass. Are tolls and DMV fees increasing? Solve the daily Crossword
New York Post
24 minutes ago
- New York Post
Trump's Aug. 1 tariff deadline is set in stone, Lutnik says: ‘No extensions, no more grace periods'
President Trump's 'Liberation Day' tariffs — set to kick in Friday — are set in stone this time and will not be delayed again, Commerce Secretary Howard Lutnick said Sunday. 'No extensions, no more grace periods. Aug. 1, the tariffs are set; they'll go into place. Customs will start collecting the money, and off we go,' Lutnick said on 'Fox News Sunday.' 'Obviously, after Aug. 1, people can still talk to President Trump. I mean, he's always willing to listen, and between now and then, I think the president is going to talk to a lot of people. Whether they can make him happy is another question.' Trump announced a 10% baseline tariff rate on all imports to the US and announced a set of customs rates against virtually every country on the planet during his April 2 'Liberation Day' push. The customized tariff rates were slated to take effect on April 9, but then got delayed 90 days and then postponed again until Aug. 1. 3 Commerce Secretary Howard Lutnick said there won't be a grace period for the Aug. 1 tariff deadline. Fox News 3 President Trump's 'Liberation Day' tariffs are set to kick in on Aug. 1 for countries that didn't cut a deal with him. Getty Images In the time since, Trump has announced preliminary trade deals with the United Kingdom, Vietnam, Japan, Indonesia and the Philippines. Additionally, the Trump administration reached a tariff truce with China and set an Aug. 12 deadline to cut a broader deal. Lutnick stressed that Trump is prioritizing the 'big economies' right now. That includes the European Union. Trump met with European Commission chief Ursula von der Leyen on Sunday during his four-day trip to the United Kingdom. 'We set the table. The team sets the table. But Donald Trump does his negotiations by himself,' he emphasized. The EU is a bloc of 27 countries that, taken together, is one of America's largest sources of trade. Negotiations with the EU have proven to be lengthy and tricky for Trump. Trump has a variety of tariffs in place now, such as a 25% rate on automobiles, aluminum, and steel, as well as 25% on imports from Canada and Mexico that don't comply with the United States-Mexico-Canada Agreement. He's also recently mused about jacking up tariffs on Canada and Mexico. Lutnick touted the revenue gains from those tariffs. 3 President Trump has endeavored to overhaul US trade relations during his second term. AP 'What's going to happen is very few products are actually going to move in price,' he predicted. 'And basically $700 billion, $800 billion, maybe it's possible we get near a trillion dollars of revenue, will come into the United States of America, reducing our deficit.' 'What do you think is paying for no tax on tips, no tax on overtime, no tax on Social Security, right?' he added. 'I think if you take a look at the whole thing, it's going to be fantastic.' Trump has also flexed tariffs in the geopolitical realm. On Saturday, he spoke with the leaders and Cambodia and Thailand, informing them that US trade negotiations will stop unless they cease fighting over a long-contested section of the border. On July 15, the president also threatened Russia with 100% secondary tariffs on Russian oil if it fails to make a deal with neighboring Ukraine. That threat could complicate US trade relations with China and India in particular, which have been taking advantage of cheap Russian oil due to the sanctions on Moscow.
