Corporate
Northrop Grumman Corporation is a global defense and Technology Company based in the U.S.A. Northrop Aircraft Incorporated was founded in 1939. They acquired Grumman Corporation in 1994. Together they formed Northrop Grumman or Northrop Grumman Corporation. It has a capital base of $30 billion. Northrop Grumman is a Fortune 500 Company. Northrop Grumman offers services of innovative systems, products and solutions in aerospace, information and services, shipbuilding, and electronics to customers all over the world. Their customers include both commercial and government customers.Activities
Northrop Grumman has four main business areas serving eight business sectors.Information and Services: Information Technology, Mission Systems, and Technical Services.
Electronics: Electronic systems
Aerospace: Integrated Systems and Space Technology
Ships: Newport News and Ship Systems.
Performance
The total revenue for the year ended 31-12-2006 amounted to $30,148 million compared to $30,067 million for the year ended 31-12-2005.The Net Profit for the year ended 31-12-2006 amounted to $1,542 million compared to $1,400 million for the year ended 31-12-2005.
The following table shows the trend of Net Profit of Northrop Grumman Corporation for the last three years:
| Years | Net Profit ($-Million) |
| 2004 | 1,084 |
| 2005 | 1,400 |
| 2006 | 1,542 |
The total assets for the year ended 31-12-2006 amounted to $32,009 million compared to $34,214 million for the year ending 31-12-2005.
The following table shows the total assets held by the company over the last 5 years:
| Years | Total Assets ($-Million) |
| 2002 | 42,331 |
| 2003 | 33,022 |
| 2004 | 33,303 |
| 2005 | 34,214 |
| 2006 | 32,009 |
Organization
Representative: Ronald D. Sugar, Chairman & Chief Executive OfficerNo of Employees: 122,200
Address:
1840-Century Park EastLos Angeles, California 90067-2199
Tel: (310) 553-6262
www.northropgrumman.com
