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Northrop Grumman Corporation is an American multinational aerospace and defense company. With 97,000 employees [3] and an annual revenue in excess of $40 billion, it is one of the world's largest weapons manufacturers and military technology providers.
The Grumman Aircraft Engineering Corporation, later Grumman Aerospace Corporation, was a 20th century American producer of military and civilian aircraft. [2] Founded on December 6, 1929, by Leroy Grumman and his business partners, it merged in 1994 with Northrop Corporation to form Northrop Grumman .
Stargazer is a Lockheed L-1011 TriStar built in 1974, that was modified in 1994 for use by Orbital Sciences (now part of Northrop Grumman) as a mother ship for the Pegasus, a small-lift launch vehicle. As of October 2022, 45 rockets (containing nearly 100 satellites) have been launched from Stargazer.
That sounds good, until you realize that at a $73.9 billion market capitalization, it means Northrop Grumman stock currently costs nearly 30 times this year's free cash flow -- which seems quite a ...
Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
Northrop Grumman (NYS: NOC) recently recorded 46% growth in its fourth-quarter profits. The company comfortably beat analysts' expectation of $1.68 of earnings per share by posting adjusted ...
Northrop Corporation was an American aircraft manufacturer from its formation in 1939 until its 1994 merger with Grumman to form Northrop Grumman.The company is known for its development of the flying wing design, most successfully the B-2 Spirit stealth bomber.