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Northrop Grumman

Northrop Grumman Corporation
Public
Traded as NOC
S&P 500 Component
Predecessor
  • Northrop Corporation: 1939-1994
  • Grumman Corporation: 1930–1994
Founded 1994; 23 years ago (1994)
Headquarters 2980 Fairview Park Drive, West Falls Church, Virginia, United States
Area served
Worldwide
Key people
Wes Bush (Chairman, President and Chief Executive Officer)
Products Military aircraft
Military vessels
Missile defense systems
Satellites
Information technology
Advanced electronic sensors and systems
Revenue Decrease US$23.526 billion (2015)
Decrease US$3.076 billion (2015)
Profit Decrease US$1.990 billion (2015)
Total assets Decrease US$24.454 billion (2015)
Total equity Decrease US$5.522 billion (2015)
Number of employees
65,000 (2015)
Website NorthropGrumman.com

Northrop Grumman Corporation (: NOC) is an American global aerospace and defense technology company formed by Northrop's 1994 purchase of Grumman. The company was named as the fifth-largest defense contractor in the world in 2015. Northrop Grumman employs over 68,000 people worldwide. It reported revenues of $23.526 billion in 2015. Northrop Grumman ranks No. 124 on the 2015 Fortune 500 list of America's largest corporations and ranks in the top ten military-friendly employers. It is headquartered in West Falls Church, Virginia.

Northrop Grumman is made up of three business sectors: Aerospace Systems, Mission Systems, and Technology Services.

Aerospace Systems, headquartered in Redondo Beach, California produces aircraft, spacecraft, high-energy laser systems and microelectronics for the US and other nations. This includes surveillance and reconnaissance, protected communications, intelligence, battle management, strike operations, electronic warfare, and missile defense to Earth observation, space science and space exploration. The B-2 Spirit strategic bomber, the E-8C Joint STARS surveillance aircraft, the RQ-4 Global Hawk, and the T-38 Talon supersonic trainer are used by the US Air Force. The US Army uses Northrop Grumman's RQ-5 Hunter unmanned air vehicle, which has been in operational use since 1995. The U.S. Navy uses Northrop Grumman-built aerial vehicles such as the BQM-74 Chukar, RQ-4 Global Hawk based BAMS UAS, Grumman C-2 Greyhound, Grumman E-2 Hawkeye, and the EA-6B Prowler. Northrop Grumman provides major components and assemblies for different aircraft such as F/A-18 Hornet, F/A-18E/F Super Hornet and the EA-18G Growler.


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