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Northrop Grumman

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Northrop Grumman

Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space. The company is the 5th largest contractor of the U.S. federal government; it receives over 2% of total spending by the federal government of the United States on contractors. The company's Aeronautics Systems division (29% of 2024 revenues) develops the B-21 Raider strategic bomber that can drop conventional and thermonuclear weapons (forecasted to be ready for combat in 2029), the B-2 Spirit strategic bomber (which will be replaced by the B-21), fuselage and radar production for the Lockheed Martin F-35 Lightning II Joint Strike Fighter and F/A-18 Super Hornet, Grumman E-2 Hawkeye airborne early warning and control, MQ-4C Triton unmanned aerial vehicle, and the NATO Alliance Ground Surveillance Force. The company's defense systems division (19% of 2024 revenues) designs the modernization of the intercontinental ballistic missile system including the LGM-35 Sentinel, the Integrated Air and Missile Defense Battle Command System, Vinnell training, and the M1156 precision guidance kit. The company's mission systems division (25% of 2024 revenues) creates military radar, sensors, and related products, including C4I radar systems for air defense, Airspace Management radar systems such as AWACS, Multi-Platform Radar Technology Insertion Program, night vision goggles, Airport Movement Area Safety System, and battlefield surveillance systems like the Airborne Reconnaissance Low (ARL). Tactical aircraft sensors include the AN/APG-68 radar, the AN/APG-80 Active electronically scanned array radar, and the AN/APG-83 AESA radar upgrade for the F-16 Fighting Falcon, the AN/APG-77 AESA radar for the F-22 Raptor, and the AN/APG-81 AESA radar for the F-35 Lightning II, and the AN/AAQ-37 electro-optical Distributed Aperture System (DAS) for the F-35, and the APQ-164 Passive Electronically Scanned Array (PESA) radar for the B-1 Lancer. The company's space systems division (27% of 2024 revenues) develops Satcom communications satellites, Next-Generation Overhead Persistent Infrared satellites, the Cygnus uncrewed spacecraft, motors for the NASA Space Launch System, logistics support for the Lunar Gateway, Graphite-Epoxy Motor solid rocket boosters, and satellites for the Norwegian Space Agency. The company is ranked 110th on the Fortune 500 list of America's largest corporations. In 2024, 87% of the company's revenues came from the federal government of the United States, while 12% was from international sources. Northrop Grumman and its industry partners have won the Collier Trophy nine times, including for the development and production of the James Webb Space Telescope, a space telescope launched in 2021. The company was formed in 1994 through the merger of Northrop Corporation and Grumman Aerospace.

Infobox

Company type
Public
Traded as
mw- NYSE: NOCS&P 500 component
Industry
Aerospace, defense
Predecessors
Northrop CorporationGrumman Corporation
Founded
1994; 31 years ago (1994)
Headquarters
West Falls Church, Virginia, U.S.
Area served
Worldwide
Key people
Kathy J. Warden (President and CEO)
Revenue
US$41.03 billion (2024)
Operating income
US$4.370 billion (2024)
Net income
US$4.173 billion (2024)
Total assets
US$49.36 billion (2024)
Total equity
US$15.29 billion (2024)
Number of employees
c. 100,000 (2025)
Website
www.northropgrumman.com

Tables

· Finances
2014
2014
Year
2014
Revenue in mil. US$
23,979
Operating income in mil. US$
3,196
Total assets in mil. US$
26,545
Employees
64,300
2015
2015
Year
2015
Revenue in mil. US$
23,526
Operating income in mil. US$
3,076
Total assets in mil. US$
24,424
Employees
65,000
2016
2016
Year
2016
Revenue in mil. US$
24,508
Operating income in mil. US$
3,193
Total assets in mil. US$
25,614
Employees
67,000
2017
2017
Year
2017
Revenue in mil. US$
25,803
Operating income in mil. US$
3,299
Total assets in mil. US$
34,917
Employees
70,000
2018
2018
Year
2018
Revenue in mil. US$
30,095
Operating income in mil. US$
3,780
Total assets in mil. US$
37,653
Employees
85,000
2019
2019
Year
2019
Revenue in mil. US$
33,841
Operating income in mil. US$
3,969
Total assets in mil. US$
41,089
Employees
90,000
2020
2020
Year
2020
Revenue in mil. US$
36,799
Operating income in mil. US$
4,065
Total assets in mil. US$
44,469
Employees
97,000
2021
2021
Year
2021
Revenue in mil. US$
35,667
Operating income in mil. US$
5,651
Total assets in mil. US$
42,579
Employees
88,000
2022
2022
Year
2022
Revenue in mil. US$
36,602
Operating income in mil. US$
3,601
Total assets in mil. US$
43,755
Employees
95,000
2023
2023
Year
2023
Revenue in mil. US$
39,290
Operating income in mil. US$
2,537
Total assets in mil. US$
46,544
Employees
101,000
2024
2024
Year
2024
Revenue in mil. US$
41,033
Operating income in mil. US$
4,370
Total assets in mil. US$
49,359
Employees
97,000
Year
Revenue in mil. US$
Operating income in mil. US$
Total assets in mil. US$
Employees
2014
23,979
3,196
26,545
64,300
2015
23,526
3,076
24,424
65,000
2016
24,508
3,193
25,614
67,000
2017
25,803
3,299
34,917
70,000
2018
30,095
3,780
37,653
85,000
2019
33,841
3,969
41,089
90,000
2020
36,799
4,065
44,469
97,000
2021
35,667
5,651
42,579
88,000
2022
36,602
3,601
43,755
95,000
2023
39,290
2,537
46,544
101,000
2024
41,033
4,370
49,359
97,000

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