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Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year. ... to other positions in the company, which ...
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract. Northrop Grumman could eliminate as many as ...
Northrop Grumman Corporation is an American multinational aerospace and defense company. With 95,000 employees [3] and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers.
Management anticipates that sales will exceed $41 billion this year across the company, implying a price-to-sales ratio of about 1.8 on the stock, and an enterprise value-to-sales ratio of about 2.2.
TASC, Inc., formerly known as The Analytic Sciences Corporation, is an American private defense contractor based outside Washington, D.C., in Chantilly, Virginia. Northrop Grumman owned TASC from 2001 to 2009, when it sold the unit to comply with new government conflict of interest rules.
Consolidated Nuclear Security is a joint venture of Bechtel, Leidos, Northrop Grumman Innovation Systems and SOC. [3] Booz Allen Hamilton is a teaming subcontractor. [4] The company is among the 100 largest federal contractors in the United States.
Today, Northrop Grumman is a $70 billion defense business worth five times its price 13 years ago. Huntington Ingalls stock has performed well too, but is up a bit less than 5x in value.
It was created in 2002 when the aerospace company Northrop Grumman purchased TRW and sold its automotive division to Blackstone Group. TRW Automotive was the eighth largest automotive supplier worldwide and the seventh-largest company in the Detroit Metro Area and had nearly 64,000 employees in 22 countries worldwide.