Northrop Grumman Corporation NOC

NYSE Electronic technology USD

Northrop Grumman Corporation is a leading global aerospace and defense technology company that provides innovative systems, products, and solutions to government and commercial customers worldwide. The company operates through four primary business segments: Aeronautics Systems, which designs, develops, and manufactures military aircraft; Defense Systems, which provides advanced weapons, missile defense, and combat vehicles; Mission Systems, which delivers advanced sensors, cyber solutions, and command-and-control systems; and Space Systems, which develops satellites, space components, and launch vehicles. Northrop Grumman serves primarily the U.S. government, including the Department of Defense and intelligence agencies, as well as international allies and some commercial customers, with a business model centered on long-term contracts for complex defense and space systems. The company's operations involve research, development, manufacturing, integration, and sustainment of advanced technologies across air, land, sea, space, and cyber domains. Its products include the B-21 Raider stealth bomber, the James Webb Space Telescope, advanced radar systems, missile defense interceptors, and autonomous systems. Northrop Grumman generates revenue through both cost-type and fixed-price contracts with government agencies, with approximately 86% of its 2024 sales coming from the U.S. government. The company maintains significant research and development investments to maintain technological leadership in defense and space markets.