Northrop Grumman raises its 2025 profit forecast due to high demand for weapons and military aircraft. Conflicts in the Middle East and the Russia-Ukraine war boost sales of missiles and fighter jets. The company will compete for a contract for President Trump’s $175 billion missile defense system. Adjusted profit is estimated to be between $25.65 and $26.05 per share.

The impact of the Trump administration’s trade war affects Northrop’s supply chain and production. The defense contractor trims its full-year 2025 sales outlook to $41.7 billion to $41.9 billion. Total revenue rose 4% to $10.42 billion in the third quarter, with a net income of $1.1 billion.

Northrop Grumman’s sales outlook is affected by the trade war, leading to a reduction in projected revenue. Despite this, the defense giant reports a 4% increase in total revenue to $10.42 billion in the third quarter. Net income is $1.1 billion, or $7.67 per share, compared to $1.03 billion a year ago.

Read more at Yahoo Finance: Northrop raises annual profit forecast on strong demand