Northrop Grumman Innovation Systems

Northrop Grumman Innovation Systems (formerly known as Orbital ATK) is a company, which designs, builds and delivers space, defense and aviation-related systems to customers around the world both as a prime contractor and as a merchant supplier. Its main products include launch vehicles and related propulsion systems, satellites and associated components and services, composite aerospace structures, tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition. 

Type
Subsidiary
Parent Company
Northrop Grumman
HQ
Dulles, US
Founded
1982
Northrop Grumman Innovation Systems was founded in 1982 and is headquartered in Dulles, US
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Key People/Management at Northrop Grumman Innovation Systems

David Thompson

David Thompson

President and Chief Executive Officer
Garrett Pierce

Garrett Pierce

CFO
Blake Larson

Blake Larson

COO
Thomas McCabe

Thomas McCabe

Senior Vice President and General Counsel
Antonio Elias

Antonio Elias

Executive Vice President and Chief Technical Officer
Edward Fortunato

Edward Fortunato

Senior Vice President, Government Relations
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Northrop Grumman Innovation Systems Office Locations

Northrop Grumman Innovation Systems has offices in Pasadena, Vandenberg Air Force Base, Keyser, Lorton and in 18 other locations
Dulles, US (HQ)
45101 Warp Drive
Arlington, US
400 1300 Wilson Blvd
Baltimore, US
200 1501 S Clinton St
Beavercreek, US
1365 Technology Ct
Corinne, US
9160 UT-83
El Segundo, US
200 2401 E El Segundo Blvd
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Northrop Grumman Innovation Systems Financials and Metrics

Summary Metrics

Founding Date

1982
Northrop Grumman Innovation Systems is a subsidiary of Northrop Grumman

Northrop Grumman Innovation Systems Revenue

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Northrop Grumman Innovation Systems's revenue was reported to be $4.76 b in FY, 2017 which is a 6.9% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Revenue

4.8 b3.2 b4.5 b4.8 b

Revenue growth, %

(34%)31%7%

Cost of goods sold

3.6 b2.5 b3.5 b3.7 b

Gross profit

1.1 b704.1 m985 m1.1 b
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Cash

266.6 m139.3 m200 m346 m

Accounts Receivable

1.2 b1.8 b1.7 b1.9 b

Inventories

134.4 m196.1 m215 m221 m

Current Assets

2.4 b2.4 b2.2 b2.5 b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

132.7 m42.7 m112.9 m49.6 m65.1 m73.5 m59.8 m63 m167 m74 m119 m59 m

Accounts Receivable

1.7 b1.7 b1.7 b1.9 b1.9 b2 b1.8 b1.9 b1.9 b1.9 b1.9 b338 m

Inventories

562.2 m563.5 m552.4 m182.3 m175.3 m233.7 m237.3 m230.1 m242 m281 m267 m248 m

Current Assets

2.5 b2.5 b2.6 b2.4 b2.4 b2.4 b2.2 b2.2 b2.4 b2.3 b2.4 b2.2 b
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Net Income

341.1 m202.6 m293 m310 m

Depreciation and Amortization

69.2 m75.8 m116 m155 m

Inventories

(63.4 m)13.6 m(9 m)18 m

Accounts Payable

(71.3 m)55.7 m38 m10 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

85.7 m180.9 m226.6 m72.9 m139.4 m69.8 m167.9 m228 m66 m154 m248 m101 m

Depreciation and Amortization

33.3 m67.8 m104 m32 m63.1 m40.9 m80.2 m120.3 m42 m77 m115 m36 m

Inventories

(4 m)(2.7 m)3.5 m13.8 m20.8 m(22 m)(26.8 m)(22.6 m)(26 m)(67 m)(25 m)12 m

Accounts Payable

9 m11.1 m39.5 m9.7 m64.7 m43.1 m9 m43.1 m21 m(81 m)(58 m)(37 m)
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Northrop Grumman Innovation Systems Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2018FY, 2017Q1, 2018

Backlog

$7.60 b$7.48 b$7 b$6.70 b$12.10 b$14.80 b$14.70 b$14.70 b$14.40 b$14.80 b$15.40 b$15.70 b$16 b$9.40 b

Patents (foreign)

294 257 320

Patents Pending (US)

188 126 102

Patents Pending (foreign)

191 146 125
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Northrop Grumman Innovation Systems Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Alliant Techsystems Operations LLC
Alliant Techsystems Operations Saudi Arabia Ltd.
ATK Launch Systems Inc.
ATK Space Systems Inc.
COI Ceramics, Inc.
Orbital ATK Middle East L.L.C.
Orbital ATK Pte. Ltd.
Orbital ATK UK Ltd.
Orbital Sciences Corporation
Space Logistics LLC

Northrop Grumman Innovation Systems Revenue Breakdown

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Northrop Grumman Innovation Systems revenue breakdown by business segment: 35.0% from Flight Systems Group, 24.0% from Space Systems Group and 41.0% from Defense Systems Group

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Northrop Grumman Innovation Systems Online and Social Media Presence

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Northrop Grumman Innovation Systems Company Life and Culture

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