What does Northrop Grumman Space do?
Northrop Grumman Space Systems is an industry leading provider of end to end space and launch systems and capabilities serving national security, civil and commercial customers.
Is Grumman still in business?
In 1969, the company changed its name to Grumman Aerospace Corporation, and in 1978 it sold the Grumman-American Division to Gulfstream Aerospace. Gulfstream business jets are currently manufactured by Gulfstream Aerospace, which is a wholly owned subsidiary of General Dynamics.
Is Grumman still on Long Island?
Leaves Long Island. IN a historic move, Grumman Corporation – one of the nation’s largest aerospace contractors and the last remaining builder of fighter/bomber military aircraft in the Northeast – is shutting down its manufacturing facilities on Long Island, N.Y.
Who owns Orbital ATK?
Northrop Grumman
Northrop Grumman Innovation Systems/Parent organizations
Who bought Orbital Sciences?
Northrop Grumman’s
Northrop Grumman’s $9.2 billion acquisition of Orbital ATK, announced in September 2017, closed last June. When the deal was announced, the companies said they expected a variety of benefits, from cost savings to new business opportunities, from incorporating Orbital ATK into Northrop Grumman.
When did Northrop buy Grumman?
1994
The companies’ new battle plan was consolidation, and Northrop’s takeover of Grumman in April 1994 kicked off a blitzkrieg of deals that led to the booming aerospace and defense behemoths of today.
When did Northrop merger with Grumman?
September 11, 2001
Consolidation Nation Between the Northrop Grumman merger and September 11, 2001, some $153 billion in defense and aerospace deals were inked, according to Bloomberg data.
Why did Grumman fail?
Grumman’s downfall came in the 1980’s, with the collapse of Communism. When the cold war ended, so did the arms and space races. As military spending plummeted on Long Island, Grumman shrank drastically and in 1994 was swallowed up by the Northrop Corporation, based in Los Angeles.