Company Profile For Northrop Grumman Corporation

Northrop Grumman Corporation (Northrop Grumman) is an integrated enterprise consisting of businesses that cover the entire defense spectrum, from undersea to outer space and into cyberspace. The Company is aligned into seven segments categorized into four primary businesses. The Mission Systems, Information Technology, and Technical Services segments are presented as Information and Services. The Integrated Systems and Space Technology segments are presented as Aerospace. The Electronics and Ships segments are each presented as separate businesses. In January 2008, the Newport News and Ship Systems businesses were realigned into a single operating segment called Northrop Grumman Shipbuilding. In April 2008, the Company announced that it has completed the sale of its Electro-Optical Systems business to L-3 Communications. In October 2008, the Company acquired 3001 International, Inc. (3001).

BRIEF: For the nine months ended 30 September 2009, Northrop Grumman Corporation's revenues increased 5% to $26B. Net loss from continuing operations increased 1% to $1.27B. Revenues reflect an increase in income from Aerospace Systems, higher revenue Electronic Systems and increased revenue from Information Systems segment. Net income was partially offset by higher cost of product sales and an increase in cost of service revenues.