Send us Feedback

Northrop Grumman (NOC)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

NOC » Topics » Business Description

These excerpts taken from the NOC 10-Q filed Apr 22, 2009.
Business Description
Information Systems is a leading global provider of advanced solutions for the DoD, national intelligence, federal, civilian, state and local agencies, and commercial customers. Products and services are focused on the fields of command, control, communications, computers and intelligence (C4I), missile and air defense, airborne reconnaissance, intelligence management and processing, decision support systems, information technology (IT) systems engineering and systems integration. The segment consists of six areas of business: Command, Control and Communications (C3); Intelligence, Surveillance, and Reconnaissance (ISR); Intelligence; Civilian Agencies; Commercial, State & Local (CS&L); and Defense.
 
                 
    Three Months Ended
    March 31
$ in millions   2009   2008
Sales and Service Revenues
  $ 2,491     $ 2,298  
Segment Operating Income
    223       212  
As a percentage of segment sales
    9.0 %     9.2 %
                 
 
Business Description
Aerospace Systems is a premier developer, integrator, producer and supporter of manned and unmanned aircraft, spacecraft, high- energy laser systems, microelectronics and other systems and subsystems critical to maintaining the nation’s security and leadership in science and technology. These systems are used, primarily by government customers, in many different mission areas including intelligence, surveillance and reconnaissance; communications; battle management; strike operations; electronic warfare; missile defense; earth observation; space science; and space exploration. The segment consists of four areas of business: Strike and Surveillance


I-27

Table of Contents

 
NORTHROP GRUMMAN CORPORATION
 
 
 
Systems (S&SS), Space Systems (SS), Battle Management and Engagement Systems (BM&ES), and Advanced Programs and Technology (AP&T).
 
                 
    Three Months Ended
    March 31
$ in millions   2009   2008
Sales and Service Revenues
  $ 2,456     $ 2,361  
Segment Operating Income
    258       252  
As a percentage of segment sales
    10.5 %     10.7 %
                 
 
Business Description
Electronic Systems is a leading designer, developer, manufacturer and integrator of a variety of advanced electronic and maritime systems for national security and select non-defense applications. Electronic Systems provides systems to U.S. and international customers for such applications as airborne surveillance, aircraft fire control, precision targeting, electronic warfare, automatic test equipment, inertial navigation, integrated avionics, space sensing, intelligence processing, air traffic control, air and missile defense, communications, mail processing, biochemical detection, ship bridge control, and shipboard components. The segment is composed of seven areas of business: Aerospace Systems; Defensive Systems; Government Systems; Land Forces; Naval & Marine Systems; Navigation Systems; and Space & Intelligence, Surveillance & Reconnaissance (Space & ISR) Systems.
 
                 
    Three Months Ended
    March 31
$ in millions   2009   2008
Sales and Service Revenues
  $ 1,788     $ 1,545  
Segment Operating Income
    229       209  
As a percentage of segment sales
    12.8 %     13.5 %
                 


I-28

Table of Contents

 
NORTHROP GRUMMAN CORPORATION
 
 
 
Business Description
Shipbuilding is the nation’s sole industrial designer, builder, and refueler of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear-powered submarines for the U.S. Navy. Shipbuilding is also one of the nation’s leading full service systems providers for the design, engineering, construction, and life cycle support of major surface ships for the U.S. Navy, U.S. Coast Guard, international navies, and for commercial vessels of all types. The segment includes the following areas of business: Aircraft Carriers; Expeditionary Warfare; Surface Combatants; Submarines; Coast Guard & Coastal Defense; Fleet Support; Commercial; and Services & Other.
 
                 
    Three Months Ended
    March 31
$ in millions   2009   2008
Sales and Service Revenues
  $ 1,375     $ 1,264  
Segment Operating Income
    84       (218 )
As a percentage of segment sales
    6.1 %     –17.2 %
                 
 
Business Description
Technical Services is a leading provider of logistics, infrastructure, and sustainment support, while also providing a wide array of technical services, including training and simulation. The segment consists of three areas of business: Systems Support (SSG); Training & Simulation (TSG); and Life Cycle Optimization & Engineering (LCOE).
 
                 
    Three Months Ended
    March 31
$ in millions   2009   2008
Sales and Service Revenues
  $ 632     $ 558  
Segment Operating Income
    37       29  
As a percentage of segment sales
    5.9 %     5.2 %
                 
 
This excerpt taken from the NOC 10-Q filed Oct 22, 2008.
Business Description
Shipbuilding is the nation’s sole industrial designer, builder, and refueler of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear-powered submarines for the U.S. Navy. Shipbuilding is also one of the nation’s leading full service systems providers for the design, engineering, construction, and life cycle support of major surface ships for the U.S. Navy, U.S. Coast Guard, international navies, and for commercial vessels. Products and services are grouped into the following business areas: Aircraft Carriers; Expeditionary Warfare; Surface Combatants; Submarines; Coast Guard & Coastal Defense (CG&CD); Fleet Support; Services; and Commercial & Other.
 
                                                                                                 
    Three Months Ended September 30   Nine Months Ended September 30
    2008   2007   2008   2007
        Operating
 		  % of
 		      Operating
   % of
       Operating
 		  % of
 		      Operating
   % of
$ in millions   Sales   Income   Sales   Sales   Income   Sales   Sales   Income   Sales   Sales   Income   Sales
Shipbuilding
  $ 1,451     $ 118       8.1 %   $ 1,469     $ 183       12.5 %   $ 4,403     $ 26       0.6 %   $ 3,984     $ 396       9.9 %
 
 
This excerpt taken from the NOC 10-Q filed Jul 29, 2008.
Business Description
Shipbuilding is the nation’s sole industrial designer, builder, and refueler of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear-powered submarines for the U.S. Navy. Shipbuilding is also one of the nation’s leading full service systems providers for the design, engineering,


I-32

Table of Contents

 
NORTHROP GRUMMAN CORPORATION
 
construction, and life cycle support of major surface ships for the U.S. Navy, U.S. Coast Guard, international navies, and for commercial vessels. Products and services are grouped into the following business areas: Aircraft Carriers; Expeditionary Warfare; Surface Combatants; Submarines; Coast Guard & Coastal Defense (CG&CD); Fleet Support; Services; and Commercial & Other.
 
                                                                                                 
    Three Months Ended June 30   Six Months Ended June 30
    2008   2007   2008   2007
        Operating
 		  % of
 		      Operating
   % of
       Operating
 		  % of
 		      Operating
   % of
$ in millions   Sales   Income   Sales   Sales   Income   Sales   Sales   Income   Sales   Sales   Income   Sales
Shipbuilding
  $ 1,688     $ 126       7.5 %   $ 1,359     $ 134       9.9 %   $ 2,952     $ (92 )     (3.1 )%   $ 2,515     $ 213       8.5 %
 
 
This excerpt taken from the NOC 10-Q filed Apr 24, 2008.
Business Description
Shipbuilding is the nation’s sole industrial designer, builder, and refueler of nuclear-powered aircraft carriers and one of only two companies capable of designing and building nuclear-powered submarines for the U.S. Navy. Shipbuilding is also one of the nation’s leading full service systems providers for the design, engineering, construction, and life cycle support of major surface ships for the U.S. Navy, U.S. Coast Guard, international navies, and for commercial vessels. Products and services are grouped into the following business areas: Aircraft


I-31

Table of Contents

 
NORTHROP GRUMMAN CORPORATION
 
Carriers; Expeditionary Warfare; Surface Combatants; Submarines; Coast Guard & Coastal Defense (CG&CD); Fleet Support; Services; and Commercial & Other.
 
                                                 
    Three Months Ended March 31
    2008   2007
        Operating
 		          Operating
    
$ in millions   Sales   Income   % of Sales   Sales   Income   % of Sales
Shipbuilding
  $   1,264     $   (218 )     —     $   1,156     $   79       6.8 %
                         
 

EXCERPTS ON THIS PAGE:

10-Q (5 sections)
Apr 22, 2009
10-Q
Oct 22, 2008
10-Q
Jul 29, 2008
10-Q
Apr 24, 2008

RELATED TOPICS for NOC:

"Business Description" elsewhere:

Curtiss-Wright (CW)
Elbit Systems (ESLT)
ScanSource (SCSC)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki