Northrop Grumman Corp. (NOC).Business Overview Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. (Northrop Grumman) provides products, services and solutions in information and services, aerospace, electronics, and shipbuilding. As prime contractor contractor n. 1) a person or entity that enters into a contract. 2) commonly, a person or entity that agrees to construct a building or to provide or install specialized portions of the construction. , principal subcontractor One who takes a portion of a contract from the principal contractor or from another subcontractor. When an individual or a company is involved in a large-scale project, a contractor is often hired to see that the work is done. , partner or preferred supplier, the company Grumman participates in defense and non-defense technology programs in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and abroad. Northrop Grumman conducts most of its business with the United States government, principally the Department of Defense (DoD). The company also conducts business with foreign governments and makes domestic and international commercial sales. During the year ended Dec. 31, 2005, Northrop Grumman operated in seven business sectors: Electronic Systems, Newport News Newport News, independent city (1990 pop. 170,045), SE Va., on the Virginia peninsula, at the mouth of the James River, off Hampton Roads, near Norfolk; inc. 1896. , Ship Systems, Integrated Systems, Mission Systems, Information Technology and Space Technology. Income Statement LTM * 2005 ** Revenue (billions) $30.1 $30.7 Operating Income (billions) 2.40 2.20 Net Income (billions) 1.40 1.40 EPS $4.03 $3.85 Income Statement Summary Revenue (billions) Headquarters: Los Angeles Operating Income (billions) Market Cap: $24.8 billion Net Income (billions) Dividend Yield: 1.67% EPS P/E Ratio: 16.9 * Latest Twelve Months Ending 9/2006 ** Fiscal Year Ending 12/2005 [GRAPHIC OMITTED] |
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