Company

Northrop Grumman Corporation

Headquarters: Falls Church, VA, United States

Founded: 1994

Employees: 88,000

CEO: Ms. Kathy J. Warden

NYSE: NOC +2.23%

Market Cap

$71.61 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Northrop Grumman Corporation is a multinational aerospace and defense technology company. It manufactures and markets a range of weapons and military technologies including aircraft and unmanned aerial vehicles, missiles, defense systems, chain guns, and munitions. Northrop Grumman also develops and manufactures satellites and space information technology.

Northrop Grumman Corporation market capitalization over time

Evolution of Northrop Grumman Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Northrop Grumman Corporation

Detailed Description

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. 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.

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Product & Services

Military aircraft & unmanned aerial vehicles Military vessels Missiles & missile defense systems Autocannons, chain guns & munitions Satellites & spaceInformation technology Electronic sensors and systems Rocket launch systems

Key People

Kathy J. Warden (President and CEO)

Financials

Revenue: US$35.667 Billion (Fiscal Year Ended December 31, 2021)

Operating income: US$5.651 Billion (Fiscal Year Ended December 31, 2021)

Net income: US$7.005 Billion (Fiscal Year Ended December 31, 2021)


Total assets: US$42.579 Billion (Fiscal Year Ended December 31, 2021)

Total equity: US$12.926 Billion (Fiscal Year Ended December 31, 2021)

Details

Headquarters:

2980 Fairview Park Drive

Falls Church, VA 22042

United States

Phone: 703 280 2900