Northrop Grumman reported strong Q2 FY24 earnings, with adjusted EPS of $6.36, beating estimates by $0.43, and revenue of $10.2 billion, surpassing expectations. The company also raised its dividend by 10% and projected FY sales of $41 billion and a share repurchase plan of about $2.5 billion. CEO highlighted double-digit earnings growth and a 7% sales increase. Operating cash flow rose by 55% to $1.4 billion, and the Q2-end backlog stood at $83.12 billion. Net income increased by 16% to $940 million. Northrop Grumman's stock rose 2.69% in pre-market trading.