Northrop Grumman’s Revenue by Customer Category (2013-2021)

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The statistic highlights Northrop Grumman’s Revenue by Customer Category, split across U.S Government, International Clients, and Others, reported on a yearly basis from 2013 onwards.
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The statistic highlights Northrop Grumman’s Revenue by Customer Category, split across U.S Government, International Clients, and Others, reported on a yearly basis from 2013 onwards.

Northrop Grumman’s Revenue by Customer Category

The following table shows Northrop Grumman’s revenue by customer category for the years 2021, 2020, and 2019.

Revenue by Customer Category 2019 2020 2021 Contribution in 2021 
U.S Government $27,934.00 $30,903.00 $30,334.00 85.05%
International $5,154.00 $5,188.00 $4,982.00 13.97%
Others $753.00 $708.00 $351.00 0.98%
Total $33,841.00 $36,799.00 $35,667.00 100.00%

(All figures in millions, except percentages)

U.S Government: A major part of approximately 85.05% of the company’s total revenue comes from this customer category. These revenues include sales of contracts made with the U.S. government. These contracts include both prime contractor and subcontractor categories. Each of the company’s segments derives a substantial amount of revenue from this category.

Revenue from this category decreased deliberately from $30,903 million earned in 2020 to $30,334 million earned in 2021, marking a decline of about 1.84%, on a year-on-year basis. Amongst the total category revenue of $30,334 million in 2021, $17,357 million were accounted for cost-type contracts and $12,977 million were fixed-price contracts.

International: This customer category holds about 13.97% of the company’s total revenues. These revenues include the sales of contracts whose target user is an international customer. These contracts include both prime contractor and subcontractor categories. The majority of sales include contracts made through the U.S. government to foreign military.

Revenue from this category decreased from $5,188 million earned in 2020 to $4,982 million earned in 2021, marking a decline of about 3.97%, on a year-on-year basis. Amongst the total category revenue of $4,982 million in 2021, $653 million were accounted for cost-type contracts and $4,329 million were fixed-price contracts.

Others: It comprises the sales of the contracts made with local, state, federal governments, and domestic commercial customers. From the total category revenue of $351 million in 2021, $18 million were accounted for cost-type contracts and $333 million were fixed-price contracts.

Revenue from this category decreased largely from $708 million earned in 2020 to $351 million earned in 2021. Marking a decline of about 50.42% or $357 million on a year-on-year basis. It also decreased by 53.39% or $402 million compared to revenues earned in 2019.

About the Company

Northrop Grumman Corporation serves customers internationally, with its high-quality innovative products, services, and integrated solutions, mainly in the aerospace and defense sectors. The company is headquartered in Falls Church, Virginia, and was founded in 1939. With over 88,000 employees and revenue exceeding $35 billion, the company is known as one of the largest weapon manufacturers and military technology providers. As a prime contractor, principal subcontractor, partner, or preferred supplier, they participate in a variety of high-priority defense and government services technology programs in the United States (US) and worldwide. They do a majority of their business with the United States government, primarily with the Department of Defense (DoD) and the intelligence community.

The company operates through its four reportable segments namely Aeronautics systems, defense systems, mission systems, space systems. The common stock of the company is traded on New York Stock Exchange “NYSE” under the ticker symbol “NOC”. Some of its primary competitors are Lockheed Martin Corp, Raytheon Technologies Corp, Boeing Co, General Dynamics Corp.

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