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Northrop Grumman Corporation is an American multinational aerospace and defense company. With 97,000 employees [3] and an annual revenue in excess of $40 billion, it is one of the world's largest weapons manufacturers and military technology providers.
Founded as Space Technology Center by Space Technology Laboratories (STL), [6] the site is now owned and operated by Northrop Grumman Corp. (NGC) since its 2002 acquisition of TRW Inc. [7] This group of buildings became the first in the USA constructed solely for the entire process of designing, building, and testing spacecraft. [8]
In 2018, the launch services sector accounted for $5.5 billion out of a total $344.5 billion "global space economy". [ 4 ] : 9 It is responsible for the ordering, conversion or construction of the carrier rocket , assembly and stacking, payload integration, and ultimately conducting the launch itself.
The Missile Defense Agency have selected two military contractors - L3Harris Technologies and Northrop Grumman - to design, build, and lastly demonstrate prototype satellites for the HBTSS in January 2021. [5] Both were awarded with contracts worth hundreds of millions of dollars. [5]
On 5 June 2020, NASA awarded Northrop Grumman Innovation Systems a $187 million contract to complete the preliminary design of HALO. [15] NASA signed a separate contract with Northrop for the fabrication of the HALO, and for integration with the Power and Propulsion Element (PPE), being built by Maxar, for US$935 million. [13] [14]
The decline in Space Systems sales was driven by a $231 million decrease due t. Northrop Grumman Corp (NYSE:NOC) reported fourth-quarter sales that were flat year over year at $10.686 billion ...
The Deployable Tower Assembly (DTA) is where the spacecraft bus connects to Optical Telescope Element. When it extends, it moves the bus farther away from the main mirror, creating a space for the sunshield layers. The spacecraft element is made by Northrop Grumman Aerospace Systems. [24] The sunshield and Bus are planned to be integrated in ...
Operating profit margins for Northrop's space business reached 12%, making it now Northrop's second most profitable business (after mission systems, which earned 13.8%).
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