Top 5 Defense Contractors in 2021
Number of Hedge Fund Holders: 40
The company Northrop Grumman Corporation (NYSE: NOC) has a $12.068 billion defense contract with the U.S. Department of Defense. The fields of expertise of the company include space, defense, aeronautics, and cyberspace. Even though the majority of the company’s business comes from the U.S., it also provides its services to 25 other countries like Japan, Australia, the United Kingdom, and South Korea. The company is known for its cutting-edge technology, mainly for defense purposes. The most notable products of the company include the X-47B unmanned aircraft, B-2 Spirit stealth bomber, and the Lunar Module.
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