Northrop Grumman (NOC)
Frequently Asked Questions About Northrop Grumman (NOC)
How does Northrop Grumman contribute to space exploration?
Northrop Grumman has a strong track record in space exploration through its development of spacecraft, satellite systems, and launch vehicles. The company has been involved in several high-profile space missions, including contracts to supply cargo to the International Space Station and collaboration with NASA on exploration initiatives.
How does Northrop Grumman engage with the community?
Northrop Grumman engages with communities through various corporate social responsibility initiatives, including volunteer programs, philanthropy, and partnerships with non-profit organizations. The company aims to positively impact the communities in which it operates and support social development.
How does Northrop Grumman support research and education?
Northrop Grumman actively supports research, education, and workforce development through scholarships, partnerships with universities, and internships for students. The company believes in fostering the next generation of STEM (science, technology, engineering, and mathematics) talent to drive innovation.
How many employees does Northrop Grumman have?
As of 2023, Northrop Grumman employs approximately 90,000 people worldwide. The workforce includes a diverse range of professionals, from engineers and scientists to skilled technicians, all contributing to the company’s mission of delivering advanced technologies and solutions.
What are Northrop Grumman's diversity and inclusion initiatives?
Northrop Grumman prioritizes diversity and inclusion within its workforce, implementing initiatives to promote an inclusive work environment and support a diverse talent pipeline. The company values diverse perspectives and experiences, recognizing that they contribute to innovation and success.
What are Northrop Grumman's primary business segments?
Northrop Grumman operates through four main business segments: Aerospace Systems, Mission Systems, Defense Systems, and Space Systems. Each segment focuses on specific areas such as aircraft systems, cybersecurity, missile defense, and space exploration.
What are some notable programs Northrop Grumman has been involved in?
Notable programs involving Northrop Grumman include the B-2 Spirit stealth bomber, the Global Hawk unmanned surveillance drone, and the Integrated Battle Command System for missile defense. The company is also involved in developing next-generation systems like the B-21 Raider.
What does Northrop Grumman do?
Northrop Grumman is a global defense technology company that provides innovative systems and solutions in aerospace, cyber, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance), and logistics. The company is involved in a wide range of military and civilian programs, focusing on developing advanced technologies and integrating complex systems for its customers.
What initiatives does Northrop Grumman have for sustainability?
Northrop Grumman is committed to sustainability and environmental stewardship, implementing initiatives to reduce its carbon footprint, enhance resource efficiency, and promote responsible manufacturing practices. The company strives to integrate sustainability into its operations and product lifecycle.
What is Northrop Grumman's approach to innovation?
Northrop Grumman emphasizes a strong culture of innovation, investing significantly in research and development (R&D) to advance technologies in areas such as autonomous systems, artificial intelligence, and cybersecurity. The company's commitment to innovation allows it to stay at the forefront of emerging technologies and maintain a competitive edge.
What is Northrop Grumman's financial performance like?
Northrop Grumman has consistently demonstrated strong financial performance, reporting revenues in the tens of billions annually, supported by a diversified portfolio and a robust backlog of contracts. The company is publicly traded on the New York Stock Exchange under the ticker symbol NOC.
What is Northrop Grumman's vision and mission?
Northrop Grumman's vision is to be a leader in aerospace and defense technology, delivering superior quality and performance to customers. Its mission centers around providing innovative solutions for global security challenges, fostering a safer world through advanced technologies.
What is the role of Northrop Grumman in NATO?
Northrop Grumman collaborates with NATO partners by providing defense and technology solutions that support collective security initiatives. The company’s systems are designed to enhance interoperability among NATO forces and improve situational awareness on the battlefield.
What is the significance of Northrop Grumman's unmanned systems?
Unmanned systems are a key area of focus for Northrop Grumman, with products such as drones and autonomous vehicles being developed for both military and commercial applications. These systems are vital for enhancing operational capabilities, surveillance, reconnaissance, and reducing risks to personnel.
What role does Northrop Grumman play in the U.S. military?
Northrop Grumman plays a critical role in supporting the U.S. military by providing advanced defense technology, systems integration, and logistical support. It develops crucial equipment and solutions for various branches of the military, enhancing capabilities in air, land, sea, and space operations.
What technologies does Northrop Grumman develop for cybersecurity?
Northrop Grumman develops cutting-edge cybersecurity solutions to protect critical infrastructure, government systems, and corporate networks. The company offers a range of services, including threat assessment, incident response, and advanced cyber defense technologies.
When was Northrop Grumman founded?
Northrop Grumman was formed in 1994 through the merger of Northrop Corporation and Grumman Corporation, both of which have long histories in aerospace and defense. The merger combined their strengths and established Northrop Grumman as a major player in the defense contracting industry.
Where is Northrop Grumman headquartered?
Northrop Grumman is headquartered in Falls Church, Virginia. The strategic location of its headquarters is significant for the company, allowing it to closely collaborate with government agencies, clients, and partners within the defense and aerospace sectors.
Who are Northrop Grumman's main competitors?
Northrop Grumman faces competition from other major defense contractors, including Lockheed Martin, Boeing, Raytheon Technologies, and General Dynamics. These companies also provide a variety of defense and aerospace solutions and have significant market share within the industry.
What is the current price of Northrop Grumman?
The current price of Northrop Grumman is 518.79
When was Northrop Grumman last traded?
The last trade of Northrop Grumman was at 3:44 pm EDT on April 3rd, 2025
What is the market capitalization of Northrop Grumman?
The market capitalization of Northrop Grumman is 83.06B
How many shares of Northrop Grumman are outstanding?
Northrop Grumman has 160.11M shares outstanding.