Northrop Grumman (NOC) Sector
Industrials

(Current) $485.80
8.80 (1.84%) Open Price: 475.62

 

Northrop Grumman Corporation is an American global aerospace and defense technology company. It was founded in 1939 by Jack Northrop as Northrop Corporation and later merged with Grumman Aerospace Corporation in 1994 to form Northrop Grumman. The company is headquartered in Falls Church, Virginia, United States and is listed on the NYSE under the ticker symbol "NOC". Northrop Grumman is involved in various sectors, including aerospace systems, defense systems, mission systems, and space systems.

 

In the aerospace systems sector, Northrop Grumman develops and manufactures advanced aircraft systems and technologies, including unmanned aerial vehicles (UAVs), autonomous systems, and military aircraft. They are known for their B-2 Spirit stealth bomber and the Global Hawk unmanned surveillance aircraft, which are among their notable products.

 

The defense systems sector focuses on developing and producing advanced defense electronics and systems, including radar systems, missile defense systems, and electronic warfare systems. They provide critical capabilities for the U.S. Department of Defense and other international defense organizations.

 

Northrop Grumman's mission systems sector specializes in delivering integrated mission solutions for various defense, intelligence, and government customers. They develop advanced communication systems, command and control systems, and intelligence systems to enhance situational awareness and support decision-making processes.

 

The space systems sector is involved in the design, development, and production of advanced space systems and satellites. They have contributed to major space programs, including the James Webb Space Telescope, the Hubble Space Telescope, and various national security satellite systems.

 

A new project by Northrop Grumman is the development of the B-21 Raider, a next-generation stealth bomber for the United States Air Force. The B-21 Raider is designed to replace the aging B-2 Spirit bombers and is expected to provide enhanced capabilities in strategic deterrence, global strike, and long-range precision strike missions. The development and production of the B-21 Raider demonstrate Northrop Grumman's commitment to delivering advanced solutions to support national security.

 



 

(12/11/24) $475.62
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