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Northrop Grumman Corporation is an American multinational aerospace and defense company. With 95,000 employees [3] and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers. [4] [5] [6] The firm ranked No. 101 on the 2022 Fortune 500 list of America's largest ...
Northrop Grumman earns a respectable 8.7% operating profit margin on its "space" business, while L3Harris's Aerojet unit generates even better profit margins of 11.6%.
Lockheed Martin abandoned plans for an $8.3 billion merger with Northrop Grumman on July 16, 1998, due to government concerns over the potential strength of the new group; Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget. [23]
The U.S. Department of Defense's Missile Defense Agency (MDA) has awarded $1.6 billion in contracts to Lockheed Martin Corporation (NYSE: LMT) and Northup Grumman Corporation (NYSE: NOC) for ...
The Leidos-Lockheed Martin merger is one of the biggest transactions thus far in the consolidation of the defense sector. Leidos contracts extensively with the Department of Defense, the Department of Homeland Security, and the Intelligence Community, as well as other U.S. government agencies and select commercial markets.
The Pentagon on Friday said it selected Northrop Grumman, Lockheed Martin and Raytheon to research and develop a missile system that would be able to defend the United States against a hypersonic ...
Raytheon, often in conjunction with Boeing, Lockheed Martin or Northrop Grumman, is also heavily involved in the satellite sensor business. Much of its Space and Airborne Systems division in El Segundo , CA is devoted to this, a business it inherited from Hughes .
The new Lockheed Martin (LMT) missile interceptor deal from the Pentagon could be valued at as much as $3.7 billion while the Northrop Grumman (NOC) contract could be valued at up to $3.9 billion.