Northrop Grumman Corporation
The Northrop Grumman Corporation
is an aerospace
and defense conglomerate
that is the result of a 1994
merger between the Northrop Corporation
and the Grumman Aerospace Corporation
. Major components were added later with the acquisition of Logicon, Litton (Ingalls, Avondale), Newport News, and TRW (sans LucasVarity.)
As of 2002, it had 120,000 employees working at hundreds of sites in the US and abroad, and an annual revenue of US$17.2 billion.
Born of the shrinking need for defense spending in the wake of the Cold War, Northrop Grumman has a variety of seemingly-unrelated divisions.
Divisions as of 2003: