Protest Over Northrop’s Navy Project Is Dropped by RivalDEFENSE: Contractor Preparing Local Facility And Hiring to Meet Order Monday, May 14, 2012
CEO: Wes Bush.
Revenue: $26.4 billion in 2011; $28.1 billion in 2010.
Net income: $2.12 billion in 2011; $2.05 billion in 2010.
No. of local employees: 4,000.
Headquarters: Falls Church, Va.
Year founded: 1939, as Northrop Aircraft Co.
Stock symbol and exchange: NOC on the New York Stock Exchange.
Company description: Diversified defense contractor.
Key factors for success: Subject matter expertise, continued federal funding.
A defense contractor has quietly dropped its protest regarding rival Northrop Grumman’s win of a major U...
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