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Northrop Grumman Corporation operates in the industrial sector, within the aerospace and defense industry, and is one of the leading global providers of military systems, advanced technologies and national security solutions.
The company’s current structure was established in 1994 following the merger between Northrop Corporation and Grumman Corporation, both major U.S. defense contractors.
The company was formed in response to increasing technological demands in defense, the modernization needs of the U.S. military and the consolidation of the national security industrial base. It serves key segments such as air, space, naval, land and cyber defense.
Northrop Grumman’s portfolio includes aerospace systems, manned and unmanned aircraft, satellites, missile defense systems, cybersecurity technologies, radars, sensors, command-and-control platforms and artificial intelligence systems.
Notable products include the B-2 Spirit stealth bomber, the F-14 Tomcat (developed by Grumman), the RQ-4 Global Hawk drone and components for NASA and U.S. Department of Defense space programs.
The company’s operations are global but primarily concentrated in the United States, where most of its development, manufacturing and government contracts are located. It also works with allied nations through defense agreements and international partnerships.
Key market factors include U.S. defense budgets, international defense policies, technological advancements in aerospace, global security threats and increasing demand for cybersecurity solutions. Competitors include Lockheed Martin, Boeing Defense, Raytheon and General Dynamics.
Northrop Grumman’s operational structure includes research and development centers, engineering facilities, aerospace manufacturing plants, technology laboratories and administrative headquarters across multiple U.S. states. The company employs over 100,000 engineers, scientists and technical specialists.
The company’s shares trade on the New York Stock Exchange (NYSE) under the ticker NOC
History and Foundation of Northrop Grumman Corp.
Northrop Grumman Corporation was formed in 1994 in the United States when Northrop Corporation acquired Grumman Corporation, merging two long-established aerospace companies. Their origins date back to the 1930s and 1940s, when each company was founded.
In the early years following the merger, the company focused on integrating operations, expanding advanced defense technologies and strengthening its position as a major U.S. government contractor. Initial efforts were directed toward aerospace systems, defense electronics and naval technology.
Over the following decades, the company expanded through significant acquisitions, including Westinghouse Electronic Systems (1996), Litton Industries (2001) and TRW Inc. (2002), which added expertise in advanced electronics, naval systems, satellites and space defense.
One of Northrop Grumman’s major milestones was the development of the B-2 Spirit stealth bomber, one of the most advanced aircraft in U.S. military history. The company also participated in NASA programs and missile-defense initiatives.
Between 2020 and 2024, Northrop Grumman increased investments in artificial intelligence for defense, modernization of space systems, production of the new B-21 Raider bomber and expansion of cybersecurity and next-generation sensor technologies. Global demand for advanced defense and cybersecurity solutions significantly influenced its strategic direction.
Additional Information
The Company Northrop Grumman Corp. (United States), is listed on NYSE with a market value of $ 83.75 Billions, having an equity of $ 15.99 Billions.
With a total of 97.000 employees, the company is listed in the sector of Capital Assets and categorized in industry of Space Transport and Defense.
In the last 12 months the Company had a revenue of $ 40.93 Billions, which generated a profit in the amount of $ 4.02 Billions.
As for its main indicators, the Company has a P/E ratio of 20.84, a P/BV ratio of 5.24 and in the last 12 months the dividend yield of NOC was at 1.54%.
The Company is traded internationally through the ticker NOC.
