Northrop Grumman An analysis of the Company FIN 609A April 30, 2016 Term Paper Brief History and Description of the Company Northrop Grumman's rich heritage includes almost two-dozen legacy companies which pioneered dramatic advances in technology and changed the world. These include transporting Charles Lindbergh across the Atlantic, landing astronauts on the moon, creating advanced electronic systems and information networks and building stealthy flying wings. The leaders shown below were some of the many visionaries who laid the foundation for what is today's Northrop Grumman Corporation. To find out more, click on the names highlighted in blue to read their biographies. Background, primary Product/Service offering, …show more content…
Northrop Grumman has several formable competitors in the defense industry: (1) Boeing, (2) Lockheed Martin, (3) Raytheon, (4) General Dynamics, (5) L-3 Communication and (6) BAE. While these are not all the companies in the industry, they are the major competitors and all are capable of changing the industries landscape. For this section, I will provide an overview of each of these companies, with an added focus of their general background, size (relative to the industry community), and an overall comparison of their financials to Northrop Grumman. Boeing: Boeing Company, together with its subsidiaries, is one of the world’s largest aerospace companies and a leading manufacturer of commercial jet aircraft and defense, space and security systems. Boeings product line include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, as well as performance-based logistics and training . They operate in five principal business segments: 1. Commercial Airplanes 2. Boeing Defense, Space & Security (BDS) a. Boeing Military Aircraft b. Network & Space Systems …show more content…
Other Lockheed Martin: Lockheed Martin organizes its business segments based on the nature of the products and services offered. The They operate in five principal business segments: 1. Aeronautics 2. IS&GS 3. Missiles and Fire Control (MFC) 4. Mission Systems and Training 5. Space Systems Raytheon: Raytheon is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. They provide state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing, effects, and command, control, communication and intelligence systems (C3I), as well as a wide range of mission support services. They operate in four principal business segments: 1. Integrated Defense Systems (IDS) 2. Intelligence, Information and Services (IIS) 3. Missile Systems (MS) 4. Space and Airborne Systems (SAS) General Dynamics: General Dynamics is a major aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding; and communications and information technology. They have four principal business segments: 1.