NOC shares fell -7% in Defense sector despite Q2 beat as revs of $10.88B rise 5% Y/y and top ests $10.81B while Q2 EPS was $7.68, down from

NOC shares fell -7% in Defense sector despite Q2 beat as revs of $10.88B rise 5% Y/y and top ests $10.81B while Q2 EPS was $7.68, down from prior year due to divestiture gain in 2025; also raised 2026 sales and MTM-adjusted EPS guidance on strong demand and record backlog and UPS sales view to $43.75B-$44.25B.