Northrop Grumman Corporation

News and overview for Northrop Grumman Corporation

Northrop Grumman to Sell Its Advisory Services Division, TASC, Inc., for $1.65 Billion; Net Cash Proceeds to Fund Additional $1.1 Billion Share Repurchase [Press Release]
PRNewswire | 13 days 6 hours 3 minutes ago
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation has signed a definitive agreement...advisor to Northrop Grumman. Northrop Grumman Corporation is a leading global security...gregory@ngc.com, both of Northrop Grumman Corporation


Northrop Grumman's Chairman and CEO Ronald D. Sugar Announces Plan to Retire; Board Elects Wesley G. Bush CEO and President [Press Release]
PRNewswire | 66 days 11 hours 36 minutes ago
...chief executive officer of Northrop Grumman Corporation since 2003, has announced...America Corporation. Northrop Grumman Corporation is a leading global security...CONTACT: Dan McClain of Northrop Grumman Corporation, +1-310-201-3335...


U.S. Air Force Selects Northrop Grumman to Provide Contractor Logistics Support for the KC-10 Extender [Press Release]
PRNewswire | 50 days 12 hours 35 minutes ago
...S. Air Force has awarded Northrop Grumman Corporation a nine-year contract to provide...Netherlands KDC-10 aircraft. Northrop Grumman Corporation is a leading global security...smith@ngc.com, both of Northrop Grumman Corporation


Northrop Grumman to Present at Oppenheimer 4th Annual Industrials Conference [Press Release]
PRNewswire | 11 days 8 hours 11 minutes ago
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation will present at the Oppenheimer...available for two weeks. Northrop Grumman Corporation is a leading global security...310-201-1634, both of Northrop Grumman Corporation


Northrop Grumman to Webcast 2009 Third Quarter Financial Results Conference Call [Press Release]
PRNewswire | 38 days 4 hours 26 minutes ago
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation will announce its 2009 third...home page of the Web site. Northrop Grumman Corporation is a leading global security...310-201-1634, both of Northrop Grumman Corporation


Northrop Grumman Welcomes Milestone Achievements in NATO Alliance Ground Surveillance Program [Press Release]
PRNewswire | 57 days 18 hours 5 minutes ago
Northrop Grumman Welcomes Milestone Achievements...PRNewswire-FirstCall/ -- Northrop Grumman Corporation welcomes the signing this week...broader security concerns. Northrop Grumman Corporation is a global defense and technology...


McAfee, Inc. Awarded Service Agreement to Deploy Integrated Security Management Solution for the U.S. Air Force [Press Release]
Business Wire | 11 days 19 hours 38 minutes ago
McAfee, Inc. (NYSE:MFE) announced today a $9.7 million services agreement with Northrop Grumman Information Systems for fielding and deployment of the Host Based Security System (HBSS), an extensive security solution for the Secret Internet Protocol Router Network (SIPRNet).


Northrop Grumman Board Declares Quarterly Dividend [Press Release]
PRNewswire | 33 days 5 hours 49 minutes ago
...The board of directors of Northrop Grumman Corporation today declared a quarterly...business Nov. 30, 2009. Northrop Grumman Corporation is a leading global security...310-201-1634, both of Northrop Grumman Corporation


Northrop Grumman to Present at Morgan Stanley Global Industrials Conference [Press Release]
PRNewswire | 87 days 13 hours 6 minutes ago
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation will present at the Morgan...available for two weeks. Northrop Grumman Corporation is a leading global security...310-201-1634, both of Northrop Grumman Corporation


Statement from Northrop Grumman on Receipt of Tanker Draft RFP [Press Release]
PRNewswire | 57 days 18 hours 36 minutes ago
...Strategic Communications for Northrop Grumman Corporation , concerning today's release...replacement program. "Northrop Grumman applauds the Defense...CONTACT: Randy Belote of Northrop Grumman Corporation, +1-703-875-8450...


Statement From Northrop Grumman on U.S. Air Force Aerial Refueling Tanker Replacement Program [Press Release]
PRNewswire | 53 days 17 hours 35 minutes ago
...placed on price in this tanker re-competition and Northrop Grumman again proposing its KC-45 refueling tanker...resolve this issue." CONTACT: Randy Belote of Northrop Grumman Corporation, +1-703-875-8525,randy.belote@ngc...


Northrop Grumman Announces Shareholder Survey [Press Release]
PRNewswire | 88 days 20 hours 5 minutes ago
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation today announced that it will...development of future policies. Northrop Grumman Corporation is a leading global security...310-201-1634, both of Northrop Grumman Corporation


Masten Space Systems Successfully Completes Lunar Lander Challenge [Press Release]
PRNewswire | 44 days 11 hours 5 minutes ago
...and operational procedures demonstrated in the Northrop Grumman Lunar Lander Challenge, we can offer affordable...program beyond the prize purse is provided by Northrop Grumman Corporation, a world leader in providing technologically...


X PRIZE Foundation and NASA Cap Amazing Lunar Lander Competition and Award $2 Million in Prizes [Press Release]
MarketWire | 19 days 3 hours 52 minutes ago
PLAYA VISTA, CA -- (Marketwire) -- 11/02/09 -- The race for the $2 million


X PRIZE Foundation and NASA Award $2 Million in Prizes to Masten Space Systems and Armadillo Aerospace [Press Release]
MarketWire | 16 days 4 hours 8 minutes ago
WASHINGTON, DC -- (Marketwire) -- 11/05/09 -- Today, the





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Company Overview


Company: Northrop Grumman Corporation
Industry: Aerospace & Defense Parts Manufacturing
Website: http://www.northropgrumman.com

Avast there! The acquisitions of Litton Industries, Newport News, and TRW made Northrop Grumman the world's #1 shipbuilder and the #3 military contractor (behind Lockheed Martin and Boeing). It operates through five sectors: Aerospace Systems (combining the former Integrated Systems and Space Technology segments), Electronic Systems (radar, navigation, and communications), Information Systems (combining the former Information Technology and Mission Systems segments), Shipbuilding (military/commercial ships, nuclear submarines, and aircraft carriers), and Technical Services (systems support and training and simulation). The US government is behind about 90% of Northrop Grumman's sales.


Key Numbers

Sales in U.S. Dollars (mil.) 33,887 (2008)
One-year % Growth in Sales 5.8 (2008)
Net Income in U.S. Dollars (mil.) -1,262 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 123,600 (2008)
One-year % Growth in Number of Employees 0.8 (2008)
Fiscal Year-End December