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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 received a $935-million fixed price contract to build the module in 2021 and took a $42-million charge in last year's fourth quarter because of higher expenses, raising its 2023 program ...
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. [1] Northrop Corporation F-5E Tiger II of the Swiss Air Force arrives at the 2016 ...
Naval Weapons Industrial Reserve Plant, Bethpage (NWIRP) – also known as Northrop Grumman Site Facility – was a United States government-owned, contractor-operated (GOCO) facility established in 1941, [1] with the mission to design, fabricate, and test prototype aircraft for the United States Navy and NASA in the hamlet of Bethpage within the Town of Oyster Bay, in Nassau County, New York ...
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 ...
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
On December 21, 2000, in a joint statement, Litton Industries and Northrop Grumman announced that the latter will acquire Litton Industries shares in a transaction worth $5.1 billion. [8] The transaction was completed on May 31, 2001 and Northrop Grumman officially acquired Litton Industries.
Today, Northrop Grumman is a $70 billion defense business worth five times its price 13 years ago. Huntington Ingalls stock has performed well too, but is up a bit less than 5x in value.