This document provides an earnings report for Northrop Grumman Corporation for Q2 2008. It includes highlights from the CEO on sales growth, earnings per share, share repurchases, backlog, and new business awards. The COO highlights provide program updates, including milestones for the LHD-8 amphibious assault ship. Sales and operating margin rates are presented for each business segment for Q2 2008 and full year 2008 estimates. Cash flow details and the company's 2008 outlook are also summarized, along with definitions of non-GAAP financial measures used in the presentation.