Northrop Grumman Corporation 5.25% 01-MAY-2050Northrop Grumman Corporation 5.25% 01-MAY-2050Northrop Grumman Corporation 5.25% 01-MAY-2050

Northrop Grumman Corporation 5.25% 01-MAY-2050

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Key terms


Outstanding amount
‪1.00 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.66%
Maturity date
May 1, 2050
Term to maturity
25 years

About Northrop Grumman Corporation 5.25% 01-MAY-2050


Sector
Electronic Technology
Industry
Aerospace & Defense
Issue date
Mar 23, 2020
FIGI
BBG00SMN2G23
Northrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.
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