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NORTHROP GRUMMAN CORP /DE/

NOC · FY2025

ALIGNED

CEO Package

$25.4M

Pay Ratio

Kathy J. Warden

Returns outran pay growth by +17.2 pts

Nextpower Inc.

NXT · FY2025

MIXED

CEO Package

$20.1M

Pay Ratio

Daniel Shugar

CEO's pay stayed flat at $20.1M while the stock nearly doubled — but recent large grants and rising market value suggest potential overcompensation.

Leonardo DRS, Inc.

DRS · FY2025

MISALIGNED

CEO Package

$8.2M

Pay Ratio

William J. Lynn III

Pay rose +4.4% while TSR fell -55.7 pts

CEO Total Compensation — All Companies

NOC$25.4MNXT$20.1MDRS$8.2M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

NOC carries the largest package at $25.4M, about 3.1x DRS.
DRS reads misaligned, while NOC looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

NOC

Kathy J. Warden

$25.4M

base salary7%
stock awards66%
non-equity incentive compensation17%
other compensation5%

NXT

Daniel Shugar

$20.1M

base salary4%
stock awards70%
option awards15%
non-equity incentive compensation10%
other compensation0%

DRS

William J. Lynn III

$8.2M

base salary14%
stock awards59%
non-equity incentive compensation26%
other compensation1%

Quick Comparison

CompanyCEOLatest YearTotal Comp
NORTHROP GRUMMAN CORP /DE/(NOC)Kathy J. Warden2025$25.4M
Nextpower Inc.(NXT)Daniel Shugar2025$20.1M
Leonardo DRS, Inc.(DRS)William J. Lynn III2025$8.2M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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