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This statistic highlights Northrop Grumman’s Backlog, split across Space Systems, Aeronautics Systems, Mission Systems, and Defense Systems, reported annually from 2013 onwards.
What is Backlog?
A company’s backlog is equal to the company’s remaining performance commitments after each period and indicates the future sales they intend to recognize on solid orders received by the company. It includes both funded and unfunded backlog. Contract options and indefinite delivery, indefinite quantity (IDIQ) contracts that have not been exercised or awarded are not included in the backlog until they are exercised or awarded. As costs are incurred or deliveries are produced, the backlog is turned into sales.
Northrop Grumman’s Backlog increased from $80.97 billion in 2020 to $76.04 billion in 2021, marking an inclination of 6.08% on a year-on-year basis. It increased by 42.14% as compared to $53.50 billion in 2019.
The total backlog of Northrop Grumman can be further bifurcated into the following segments:
|Category||2019||2020||2021||Contribution in 2021|
(All figures are in billions, except percentages)
Space Systems is a leader in providing end-to-end mission solutions for national security, civil government, commercial, and international customers through the design, development, integration, production, and operation of space, missile defense, launch, and strategic missile systems. Satellites and payloads, ground systems, missile defense systems, interceptors, launch vehicles and accompanying propulsion systems, and strategic missiles are among the company’s major products. Launch & Strategic Missiles and Space are the two business areas in which are included in this sector.
The total Backlog from Space Systems decreases from $35.03 billion in 2020 to $37.11 billion in 2021, increasing almost by 8% on a yearly basis. It jumped by 117%, from $16.11 billion in 2019 to $35.03 billion in 2020.
Aeronautics Systems is a leader in advanced aircraft system design, development, production, integration, sustainment, and modernization for the US Air Force, US Navy, other US government agencies, and worldwide clients. Strike, air dominance, battle management and control, intelligence, surveillance, and reconnaissance are the four mission domains supported by these aircraft systems (ISR). Autonomous Systems and Manned Aircraft are the two business areas which are reported under the Aeronautics Systems.
The total backlog from this segment has decreased from $24.00 billion in 2020 to $18.28 billion in 2021, decreasing by 23.8% on a yearly basis. It also decreased by 7.75% in 2020, as compared to $26.02 billion in 2019.
Mission Systems is a leading provider of sophisticated mission solutions and multifunction systems, especially for the US defense and intelligence communities as well as international customers. Cyber; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems; radar, electro-optical/infrared (EO/IR) and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems are among the company’s major products and services. The four business categories included under this segment are Airborne Multifunction Sensors, Maritime/Land Systems and Sensors, Navigation, Targeting, and Survivability, and Networked Information solutions.
Northrop Grumman’s Backlog from Mission Systems increases from $14.30 billion in 2020 to $13.80 billion in 2021, witnessing an incline of 3.62%. It decreased by 3% in 2020, as compared to $14.23 billion in 2019 to 2020.
Defense Systems is a global leader in the design, development, production, integration, sustainment, and modernization of weapon and mission systems for military and civilian customers in the United States, as well as a diverse variety of overseas customers. Integrated combat management systems, weapons systems, and aircraft and mission system sustainment and modernization are among the major products and services. Battle Management & Missile Systems and Mission Readiness are the two business areas which are reported under this segment.
Northrop Grumman’s Backlog from Defense Systems witnessed a rise from $6.35 billion in 2020 to $8.13 billion in 2021, declining almost by 22%. It also decreased by 4.12% in 2020, as compared to $8.48 billion in 2019.
Northrop Grumman is a major aerospace and defense firm with a global presence. They use a diverse set of capabilities and technologies to develop and deliver cutting-edge platforms, systems, and solutions in space, manned and autonomous airborne systems, including strike; strategic deterrence systems; hypersonics; missile defense; weapons systems; cyber; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR); and logistics and modernization.
They take part in a variety of high-priority defense and government activities, both at home and overseas. They do the majority of their business with the United States government, primarily with the Department of Defense (DoD) and the intelligence community. They also work with other governments, including international governments, as well as commercial clients.
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