Northrop Grumman Corporation

Industry: Aerospace Defence

Fortune Rank: 61

NOC provides products, services and solutions in defense electronics, systems integration, information technology, nuclear and non-nuclear shipbuilding, and space technology. For the 6 months ended 6/05, sales rose 6% to $15.42B. Net income from cont. ops. rose 44% to $764M. Revenues reflect double-digit growth for the Mission Systems and Intergrated Systems operating segments. Net income also reflects a gain from the sale of TRW shares.

Northrop Grumman Corporation (Northrop Grumman) provides products, services and solutions in defense and commercial electronics, nuclear and non-nuclear shipbuilding, information technology, mission systems, systems integration and space technology. As prime contractor, principal subcontractor, partner or preferred supplier, Northrop Grumman participates in defense and commercial technology programs in the United States and abroad. The majority of the Company's products and services are ultimately sold to the United States Government. Northrop Grumman operates in seven business sectors: Electronic Systems, Newport News, Ship Systems, Information Technology, Mission Systems, Integrated Systems and Space Technology. In January 2005, the Company sold its Canadian navigation systems and space sensors system business to L-3 Communications.

Northrop Grumman Corporation

Northrop Grumman Corporation is a Fortune 500 company. In 2010 Northrop Grumman Corporation was ranked number 61 on the Fortune 500 list, making it the 61st largest company in the United States when judged by revenue.

Northrop Grumman Corporation achieved revenue of $35,291.00 million in 2010 and earned a profit of $1,686.00 million.

Northrop Grumman Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 61st compared to 69th in 2009. This was based on its 2009 revenue of $33,940 million (a change of 2 million compared to 2010) and profits of $-1,262 million (a change of $2 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Northrop Grumman Corporation would be ranked 81st rather than 61st due to its profits of $1,686 in 2010.

Northrop Grumman Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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