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    Northrop Grumman Corporation
    Aerospace and defense

    Northrop Grumman Corporation

    United States flagUnited States

    "Defining Possible"

    Founded +1994-01-01 West Falls Church, Virginia CEO: Kathy J. Warden
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    About

    Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is a global aerospace and defense technology company formed in 1994 through the merger of Northrop Corporation and Grumman Aerospace. It ranks as the fifth-largest U.S. federal contractor, capturing over 2% of all government contract spending, and sits at number 110 on the Fortune 500. In 2024, 87% of its $38.7 billion in revenue came from U.S. government work, with 12% from international clients. The company and its partners have won the Collier Trophy nine times, most recently for developing and producing the James Webb Space Telescope, which launched in 2021.

    Northrop Grumman operates through four core sectors. Aeronautics Systems produces the B-21 Raider stealth bomber, the E-2D Hawkeye, and components for the F/A-18 Hornet. Space Systems built the James Webb Space Telescope, manufactures solid rocket motors, and provides satellite buses. Defense Systems focuses on electronic warfare, missile launchers, and munitions. Mission Systems handles cyber security, radar systems, and command-and-control technologies. The company employs over 97,000 people and reported a backlog of $84 billion in early 2025.

    Kathy J. Warden has served as CEO since 2019, succeeding Wesley Bush, who remains Chairman of the Board. The company's leadership includes President and COO Tom Jones and CFO Dave Keffer. Northrop Grumman is publicly traded on the NYSE under the ticker NOC, with major institutional investors including Vanguard Group (9.2%), BlackRock (7.8%), and State Street (5.1%).

    Products & Sub-brands

    B-21 RaiderJames Webb Space TelescopeE-2D HawkeyeLGM-35A SentinelGlobal HawkF/A-18 Hornet componentssolid rocket motorssatellite buseselectronic warfare systemscyber security

    Frequently Asked Questions

    Who owns Northrop Grumman?
    Northrop Grumman is a publicly traded company (NYSE: NOC) owned by its shareholders, with major institutional investors like Vanguard Group (9.2%), BlackRock (7.8%), and State Street (5.1%) holding significant stakes. There is no single majority owner.
    Who is the CEO of Northrop Grumman?
    Kathy J. Warden has served as CEO since January 2019, succeeding Wesley Bush. She previously held roles as COO and president of the Mission Systems sector. Wesley Bush remains Chairman of the Board.
    How much is Northrop Grumman worth?
    As of early 2025, Northrop Grumman's market capitalization is approximately $70 billion, with annual revenue of $38.7 billion (2024) and a net income of $3.2 billion. The company's enterprise value is around $85 billion including debt.
    Northrop Grumman vs. Lockheed Martin: What's the difference?
    Both are top U.S. defense contractors, but Lockheed Martin is larger (revenue ~$68B vs. $39B) and dominates fighter jets (F-35), while Northrop Grumman leads in stealth bombers (B-21), space systems (JWST), and solid rocket motors. Lockheed has a broader product portfolio, while Northrop focuses on specialized, high-tech systems.
    Is Northrop Grumman still in business?
    Yes, Northrop Grumman is very much in business and thriving. As of 2025, it remains one of the world's largest defense contractors, with over 97,000 employees, a backlog of $84 billion, and ongoing production of the B-21 Raider, Sentinel ICBM, and James Webb Space Telescope operations.

    Keywords

    aerospacedefensestealth bomberB-21 RaiderJames Webb Space Telescopemissile defensesatelliteelectronic warfarecyber securitygovernment contractor

    Company Info

    Founded
    +1994-01-01
    Founder
    Jack Northrop, Leroy Grumman
    CEO
    Kathy J. Warden
    Headquarters
    West Falls Church, Virginia
    Industry
    Aerospace and defense
    Revenue
    38700000000
    Employees
    97000
    Stock Symbol
    NYSE: NOC

    Official Website

    www.northropgrumman.com/

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