Northrop Grumman Corp (Northrop Grumman) is an aerospace and defense technology company. The company primarily develops and provides solutions for unmanned systems, aircraft, autonomous systems, cybersecurity, command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR). It manufactures acoustic sensors for aircraft carriers and submarines, spacecraft systems, mission-critical computer systems, and wireless communications infrastructure. It also provides logistics and modernization services. Northrop Grumman’s solutions find applications in the aerospace, defense, electronics, and information systems sectors. The company serves foreign, state, and local governments and commercial customers across North America, Europe, and Asia-Pacific. Northrop Grumman is headquartered in Falls Church, Virginia, the US.
Headquarters
United States of America
Address
2980 Fairview Park Drive, Falls Church, Virginia, 22042
Website
www.northropgrumman.com
Telephone
1 703 2802900
No of Employees
95,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
NOC (NYSE)
Revenue (2022)
$36.6B
2.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-30.1%
(2022 vs 2021)
Market Cap*
$64.5B
Net Profit Margin (2022)
XYZ
-31.9%
(2022 vs 2021)
* As of and is in US$
Northrop Grumman Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Airspace Management | Logistics Services |
| C4/air Defense Combat Avionics | Antenna Test Services |
| Electro-optical Systems | Specialized Engineering Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company secured US$705 million contract from the US Air Force to develop the Stand-in Attack Weapon. |
| 2023 | Contracts/Agreements | In September, Northrop Grumman Defense Systems Sector awarded US$59.86 million modification contract from Army Contracting Command for Integrated Battle Command System production hardware and software. |
| 2023 | Contracts/Agreements | In September, the company and Serco announced a strategic teaming agreement to advance the live, virtual and constructive (LVC) collective training solutions. |
Competitor Comparison
| Key Parameters | Northrop Grumman Corp | RTX Corp | The Boeing Co | Lockheed Martin Corp | General Dynamics Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Falls Church | Arlington | Arlington | Bethesda | Reston |
| State/Province | Virginia | Virginia | Virginia | Maryland | Virginia |
| No. of Employees | 95,000 | 182,000 | 156,000 | 116,000 | 106,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kathy J. Warden | President; Chairwoman; Chief Executive Officer | Executive Board | 2019 | 51 |
| Dave E. Keffer | Chief Financial Officer; Corporate Vice President | Senior Management | 2020 | 45 |
| Michael A. Hardesty | Chief Accounting Officer; Corporate Vice President; Controller | Senior Management | 2013 | 51 |
| Kenny Robinson | Vice President - Global Corporate Responsibility; Chief Diversity Officer | Senior Management | 2022 | - |
| Michael Witt | Chief Sustainability Officer; Vice President | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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