The primary legal name for the aerospace and defense technology company commonly known as Northrop Grumman is Northrop Grumman Corporation. However, its corporate structure includes another significant legal entity, Northrop Grumman Systems Corporation, which was previously the original Northrop Grumman Corporation.
Understanding the Corporate Structure
The evolution of Northrop Grumman's legal naming reflects a strategic corporate restructuring. Initially, the operating entity was known as Northrop Grumman Corporation. Over time, a holding company, NNG, Inc., was established to oversee the various business operations.
This restructuring led to the following changes:
- Northrop Grumman Corporation: This name was adopted by NNG, Inc., which became the main holding company. When people refer to "Northrop Grumman," they are generally referring to this overarching corporate entity.
- Northrop Grumman Systems Corporation: The original operating entity, which was previously known as Northrop Grumman Corporation, changed its name to Northrop Grumman Systems Corporation. This entity now functions as a key subsidiary or operating division under the umbrella of the Northrop Grumman Corporation holding company.
Key Entities and Their Legal Names
To clarify the distinct legal identities within the Northrop Grumman enterprise, consider the following breakdown:
Entity Type | Legal Name | Description |
---|---|---|
Holding Company | Northrop Grumman Corporation | This is the parent company that holds various subsidiaries and business units. It is the entity listed on stock exchanges and is typically what the public refers to as "Northrop Grumman." Its focus is on overall corporate governance, financial management, and strategic direction for the entire organization. |
Operating Company | Northrop Grumman Systems Corporation | This entity is a key subsidiary responsible for a significant portion of the company's core operations, including the design, development, and delivery of advanced defense systems and products. It was the original operating company before the corporate restructuring. |
This dual naming convention is common in large corporations, allowing for clearer delineation between a parent holding company, which manages the overall business and finances, and its operational subsidiaries, which handle specific business lines or product development. For more information about the company's activities and operations, you can visit the official Northrop Grumman website.