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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 ...
United Launch Alliance, LLC ( ULA) is an American launch service provider formed in December 2006 as a joint venture between Lockheed Martin Space and Boeing Defense, Space & Security. The company designs, assembles, sells and launches rockets, but the company subcontracts out the production of rocket engines and solid rocket boosters .
In 2021, Veritas acquired the federal IT and mission support business of Northrop Grumman for $3.4 billion. [ 10 ] [ 11 ] In May 2021, Perspecta (a 2018 merger of DXC Technology 's U.S. public sector spin-off, Vencore, Inc. , and KeyPoint Government Solutions), [ 12 ] was acquired by Veritas for $7.1 billion and placed under Peraton.
In August 2023, Northrop Grumman announced a further enlarged Mission B version of Cygnus, with a 1.5 m (4.9 ft) stretch to the payload module and payload mass increased to 5,000 kg (11,000 lb). This version is expected to enter service with the NG-23 mission in 2025 (the first to use the new Antares 330 launch vehicle).
Litton Industries, Inc., was an American defense contractor that specialized in shipbuilding, aerospace, electronic components, and information technology. The company was founded in 1953 and was named after inventor Charles Litton Sr., who was also an early investor in the company. During the 1960s, the company began acquiring many unrelated ...
But even so, the rest of Northrop's businesses helped to smooth out the losses, and Northrop ended 2023 with a respectable $2.1 billion profit. Pick a lane, Northrop Grumman
The company's Q2 results provided indications that Northrop Grumman is back in growth mode, and investors reacted by rallying into the shares. Northrop earned $6.36 per share in the quarter on ...
A separate October 2013 report by the San Diego Business Journal ranked contractors by the number of local employees. The top three contractors were General Atomics, Northrop Grumman, and General Dynamics-NASSCO. [13] In September 2020, a $7.4 billion contract for MQ-9 Reaper drones was announced between the U.S. Air Force and General Atomics ...