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Encyclopedia > Northrop Grumman Corporation
Northrop Grumman Corp
Type Public
Slogan "Defining the Future"
Founded 1927 (in 1994, company took on current name)
Location Los Angeles, California
Key people Ronald Sugar, Chairman & CEO
Employees 122,600
Products Aerospace and Defense
Web site www.northropgrumman.com


The Northrop Grumman Corporation (NYSE: NOC (http://www.nyse.com/about/listed/lcddata.html?ticker=NOC)) is an aerospace and defense conglomerate that is the result of a 1994 merger between Northrop and Grumman. Major components were added later with the acquisition of Logicon, Teledyne Ryan, Litton (Ingalls, Avondale), Newport News, and TRW (sans LucasVarity.) Ronald Sugar is the CEO.


The most well known product of Northrop Grumman is the B-2 Spirit. Thomas Jones was the President and CEO of Northrop during the B-2's development and a good friend of two U.S. Presidents, Richard Nixon and Ronald Reagan. Jones and his wife socialized with the Reagans both at the White House and at their own functions. Years earlier, Jones was convicted of giving Nixon's chief fundraiser, attorney Herbert Kalbach, $75,000 in $100 bills for use as "hush money" for the CIA connected burglars who were caught breaking into the Watergate building.


As of 2002, it had 120,000 employees working at hundreds of sites in the US and abroad, and an annual revenue of US$17.2 billion.


Born of the shrinking need for defense spending in the wake of the Cold War, Northrop Grumman has a variety of seemingly-unrelated divisions. However, their business strategy has begun to pay dividends as the company's financial performance has improved considerably, and they have been proposing products with components sourced from the various divisions.


Divisions

  • Electronic Systems
  • Information Technology
  • Mission Systems
  • Integrated Systems
  • Newport News
  • Ship Systems
  • Space Technology

External link

List of Aircraft | Aircraft Manufacturers | Aircraft Engines | Aircraft Engine Manufacturers


Airlines | Air Forces | Aircraft Weapons | Missiles | Timeline of aviation


  Results from FactBites:
 
Northrop Grumman - Northrop Grumman Foundation's Weightless Flights of Discovery (1377 words)
The Northrop Grumman Foundation Weightless Flights of Discovery program is designed to inspire students to pursue science and technical careers by inspiring their teachers first.
In support of that educational call to action, Northrop Grumman, the nation’s third largest defense contractor, launched the 2006 Weightless Flights of Discovery program, a unique, nationwide teacher professional development program designed to inspire today’s students to pursue degrees in scientific and technical fields.
By focusing the Weightless Flights program on teachers rather than students, Northrop Grumman was able to achieve maximum “reach” for the lessons of its microgravity “high school,” delivering inspiration to an estimated 10,000 elementary, middle school and high school students in the first year alone.
Northrop Grumman - Our Capabilities (418 words)
In so doing, Northrop Grumman will become our customers’ provider of choice, our industry’s employer of choice and our shareholders’ investment of choice.
Northrop Grumman’s aerospace systems operate from the high ground.
The company is a premier developer, integrator, producer and supporter of manned and unmanned aircraft, spacecraft, high-energy laser systems, microelectronics and other systems and subsystems critical to maintaining the nation’s security and leadership in science and technology.
  More results at FactBites »

 
 

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