Northrop Grumman

Northrop Grumman is an American global aerospace and defense technology company headquartered in Falls Church, Virginia.

Categories

Industrial Manufacturing  

#216

Rank

$70.09B

MarketCap US

US United States

Country

Summary

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.


History

Northrop Grumman is an American aerospace and defense technology company founded in 1939 in California by John K. Northrop and his partner, Leon "Kappy" Kaminer. The company has since grown to become a leader in aerospace, defense, and security technologies. Northrop's early history is intertwined with the nation's efforts to build its air defense capability in the face of growing international tensions. Initially involved in the production of aircraft such as the P-61 Black Widow and B-2 Spirit, Northrop also contributed to the development of the first all-weather jet-powered fighter jet, the F-5 Tiger. In 1954, Northrop began involved in the development of the Navy's radar systems and advanced tactical missiles. By the 1960s, Northrop had become a major player in defense contracting, leading to the development of advanced aircraft including the B-2 stealth bomber in 1982. Other important accomplishments include the award-winning F/A-18 Hornet and the F-14 Tomcat, which was the world's first supersonic fighter aircraft. In the 1990s and 2000s, Northrop Grumman further diversified its product portfolio by forming joint ventures, amalgamating with subsidiaries, and acquiring additional companies. This led to its current position as a leader in defense, security, and information technology. Today, Northrop Grumman is one of the five largest defense contractors in the United States and provides services and capabilities to government and commercial customers in the areas of aerospace, cyber security, electronic systems, and homeland security.


Mission

Our mission is to be at the forefront of technology and innovation, delivering superior capabilities to our customers while preserving a strong sense of responsibility to our people, stakeholders and communities.


Vision

Northrop Grumman's vision is to be the world's most trusted defense and aerospace provider.


Key Team

Dave E. Keffer (Corporate VP and CFO)

Marianne Brown (Board Member)

Gary Roughead (Board Member)

Michael A. Hardesty (Controller; Corporate Vice President; Chief Accounting Officer)

Alec Rottier (Director, IT Strategy. Chief Cloud Architect)

Areon Robinson (Chief of Information Protection)

Aulana Peters (Board Member)

Bruce McGregor (Chief Engineer)

David Abney (Board Member)


Recognition and Awards
Northrop Grumman provides employee rewards and recognition programs such as annual peer-nominated awards for innovation and lifetime achievement, a Presidential volunteer award program, community partnerships, and various employee discount programs.

References
Northrop Grumman
Leadership team

Ann Fudge (Board Member)

Bruce Gordon (Board Member)

Industries

Industrial Manufacturing

Products/ Services
Military aircraft, unmanned aerial vehicles, Military vessels, Missiles & missile defense systems, Autocannons, chain guns, munitions, Satellites & Information technology, Electronic sensors and systems, Rocket launch systems
Number of Employees
Above 50,000
Headquarters
West Falls Church, Virginia, United States
Established
1939
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001133421
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NOC
Social Media

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Sat Mar 02 2024
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