Northrop Grumman is now trading 4.48% down at $482.00 after the Navy selected Boeing over it for the F/A-XX fighter development contract on September 29, 2026.
- The contract is valued at more than $20 billion. Reuters reported Northrop shares fell 3.5% in extended trading after the award, directly linking the loss to the initial decline.
- Defense-sector ITA is down 2.13% in pre-market, while broader market futures are modestly higher.
- No additional company-specific announcement for September 30 was found.