Northrop Grumman Net Revenue
Net Revenues of Northrop Grumman 2005-2021
Amounts are in $millions.
|Year||Net Revenue ($mn)|
The net sales of Northrop Grumman Corporation in 2021 grew to $35,667 million compared to $36,799 million in 2020.
Net revenues of Northrop Grumman Corporation grew to $30.1 billion in 2018 from $26 billion in 2017.
Northrop Grumman Corporation is a leading global security company which offers a broad portfolio of capabilities and technologies that enable it to deliver innovative platforms, systems and solutions for applications that range from undersea to outer space and into cyberspace. It provides capabilities in autonomous systems; cyber; command, control, communications and computers, intelligence, surveillance and reconnaissance (C4ISR); space; strike; and logistics and modernization. Northrop Grumman participates in many high-priority defense and government programs in the United States (U.S.) and abroad. It conducts most of its business with the U.S. government and mainly the Department of Defense (DoD) and intelligence community. It also conducts business with foreign, state and local governments, as well as commercial customers.
The company was originally formed in Hawthorne, California, in 1939, as Northrop Aircraft Incorporated and was reincorporated in Delaware in 1985, as Northrop Corporation. Northrop Corporation was a principal developer of flying wing technology, including the B-2 Spirit bomber. The company grew into one of the largest defense contractors in the world through a series of acquisitions, as well as organic growth. In 1994, it acquired Grumman Corporation (Grumman), after which time the company was renamed Northrop Grumman Corporation. Grumman was a premier military aircraft systems integrator and builder of the Lunar Module that first delivered humans to the surface of the moon.