Northrop Grumman Corporation
- Industry
- Aerospace & Defense
- Exchange
- US
- Country
- USA
- IPO date
- Dec 31, 1981
- Employees
- 95,000
- Website
- www.northropgrumman.com
Composite valuation range · conservative $330–$430 / fair $500–$580 / optimistic $700–$780. At $547.58, Within the fair intrinsic-value range.
At publication $555.58 (May 26, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces strategic deterrent systems, tactical weapons, and missile defense solutions; and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. This segment also offers strategic missiles; integrated all-domain command and control systems; precision strike weapons; tactical solid rocket motors, and high-speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions, and advanced fuzes; and sustainment, operation, and modernization. The Mission Systems segment provides command, control, communication and computer, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; advanced communications and network systems; microelectronics; navigation and positioning sensors; maritime power, propulsion, and payload launch systems; cyber solutions; and intelligence processing systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; and launch vehicles and related propulsion systems. The company was founded in 1939 and is based in Falls Church, Virginia.
History
Northrop Grumman Corporation was founded in 1939 and is headquartered in Falls Church, Virginia. The company completed its IPO on December 31, 1981. It operates as an aerospace and defense technology company across the United States, Asia/Pacific, Europe, and internationally, organized into four segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The grounding source does not detail specific mergers, acquisitions, spin-offs, or restructuring milestones in the company's corporate history.
Industry position
Northrop Grumman is one of the leading U.S. defense prime contractors, ranked 3rd globally on SIPRI's 2024 Top 100 list of arms-producing companies. Its customers are concentrated in the U.S. government, with the Department of Defense accounting for roughly 85% of federal awards and NASA about 14.6%. The company employs around 95,000 people and operates four segments spanning aircraft systems (including B-21), strategic deterrent and missile defense systems (including Sentinel), C4ISR and mission systems, and space systems. Principal competitors include Lockheed Martin, RTX, General Dynamics, and L3Harris, with cross-competition against Boeing, Huntington Ingalls, and Leidos.