Northrop Grumman Honors Permag at Annual Supplier Excellence Awards
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2026
0mins
Should l Buy NOC?
Source: PRnewswire
- Supplier Excellence Award: Permag has been honored with the Supplier Excellence Award by Northrop Grumman, highlighting its strategic partnership role in the defense industry and further solidifying its influence in aerospace and defense sectors.
- Industry Experience: With over 75 years of manufacturing expertise, Permag focuses on high-performance magnetic solutions, dedicated to providing customized, precision-engineered products for critical mission applications that meet the high standards of aerospace and defense industries.
- Economic Impact: Northrop Grumman's supplier network generates over 100,000 jobs and has an annual economic impact exceeding $27.8 billion, underscoring its significance in the defense and security sectors.
- Leadership Commitment: Permag's CEO Joe Stupfel stated that receiving this award reflects the team's dedication, emphasizing the company's ongoing commitment to quality, reliability, and collaboration, aimed at continuously enhancing customer value.
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Analyst Views on NOC
Wall Street analysts forecast NOC stock price to rise
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 552.270
Low
630.00
Averages
684.08
High
770.00
Current: 552.270
Low
630.00
Averages
684.08
High
770.00
About NOC
Northrop Grumman Corporation is a global aerospace and defense technology company. Its segments include Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Aeronautics Systems is engaged in the design, development, production, integration, sustainment and modernization of military aircraft systems for the United States Air Force, the United States Navy, other United States government agencies, and international customers. Defense Systems is engaged in the design, engineering, development, integration, and manufacturing of deterrent systems, advanced tactical weapons, and missile defense solutions. Mission Systems is a provider of mission solutions and multifunction systems. Its products and services include command, control, communications and computers, and reconnaissance (C4ISR) systems. Space Systems delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, and launch systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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