Northrop Grumman — Shareholder Meeting (May 2014)

5 slides from Northrop Grumman's shareholder meeting presentation, May 21, 2014

Slide 1: Northrop Grumman Corporation 2014 Annual Meeting of Shareholders
Northrop Grumman Corporation 2014 Annual Meeting of Shareholders May 21, 2014
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements and assumptions in this presentation contain or are based on “forward-looking” information. Such “forward-looking” information includes, and is subject to, numerous assumptions, risks and uncertainties, many of which are outside Northrop Grumman’s control. No
Slide 3: Strong 2013 Performance
Strong 2013 Performance • Outstanding financial performance • Announced 60 million share repurchase goal by end of 2015 • Repurchased 27.3 million shares • Reduced shares outstanding by 8% • Raised dividend 11% • ~$3 billion distributed to shareholders • Strong corporate citizenship 3
Slide 4: 2014E Outlook
2014E Outlook Continue driving shareholder value  Focus on performance, effective cash deployment & portfolio alignment for continued value creation  Continue innovating for customer affordability 2014 Guidance Sales $23.5 - $23.8B EPS $8.90 - $9.15 Cash from Operations $2.3 - 2.6B Free Cash Flow
Slide 5: The Value of Performance.
THE VALUE OF PERFORMANCE. NORTHROP GRUMMAN oe