Northrop Grumman Corp., founded in 1939 and headquartered in Falls Church, Virginia, is a leading global security company focused on aerospace and defense technologies. The company provides a wide range of products and services, including autonomous systems, cybersecurity solutions, C4ISR, and space systems, operating in more than 25 countries worldwide.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Northrop Grumman has a history of bond issuance dating back to the early 2000s, with significant offerings such as its inaugural bond issuance in 2002 amounting to $1 billion. More recently, the company issued $1.5 billion in bonds in 2021 to finance acquisitions and corporate initiatives, with yield rates competitive within the defense industry. Notably, Northrop Grumman's bonds have special features, including callable options, allowing the company flexibility should interest rates shift.