Northrop Grumman Corporation is an American global aerospace and defense technology company formed by the 1994 purchase of Grumman by Northrop. The company was the fourth-largest defense contractor in the world as of 2010, and the largest builder of naval vessels. Northrop Grumman employs over 75,000 people worldwide. Its 2010 annual revenue is reported at US$34 billion. Northrop Grumman ranks #72 on the 2011 Fortune 500 list of America's largest corporations and ranks in the top ten military-friendly employers. It has its headquarters in Falls Church, Virginia. Newport News Shipbuilding... manufactures all U.S. aircraft carriers, including supercarriers. It has built the Nimitz-class supercarriers and is building the new Gerald R. Ford-class supercarrier. It is also one of only two companies capable of producing U.S. nuclear submarines. A separate sector, Northrop Grumman Ship Systems, produces amphibious assault ships and many other commercial and military craft, including icebreakers, tankers, and cargo ships.
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| NYSE symbol: | NOC |
| Headquarters: | Los Angeles, California |
| Annual revenue: | $33,887,000,000 |
| Net income: | $-1,262,000,000 |
| Operating income: | $-111,000,000 |
| Market cap: | $27,000,000,000 |
| Employees: | 122,000 |
| Industries: | Aerospace, Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Aerospace Engineering |