NYSE:NOC
Northrop Grumman is a leading global security company providing innovative systems, products, and solutions to government and commercial customers worldwide. It is a premier provider of military aircraft, autonomous and space systems, and innovative defense and security solutions. Northrop Grumman is one of the Big Five defense contractors in the world. About 85% of Northrop’s total sales are to the US government and the majority of the contracts are long-term in nature. The company also conducts business with other foreign governments and commercial customers in 25 countries. Aerospace systems (42% of Q2 2018 operating income), Mission systems (42%), Technology Services (11%) and the newly added Innovation systems (5%) are Northrop’s reportable segments. The company manufactures products and solutions for applications ranging from under the sea to space and cyberspace. Its broad product portfolio caters to areas like autonomous systems, C4ISR, and logistics & modernization serving customers worldwide. With a rich heritage of eight decades, Northrop Grumman has developed a deep understanding of its core areas of operations.