On the Record · Northrop Grumman
Northrop Grumman acquisitions, on the record
The businesses Northrop Grumman bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Grumman CorporationWord for word“1994 - Acquired Grumman Corporation, a premier military aircraft systems integrator.” 10-K for 2023 | acquisition | 1994 | — |
defense and electronics businesses of Westinghouse Electric CorporationWord for word“1996 - Acquired the defense and electronics businesses of Westinghouse Electric Corporation, developer of sophisticated radar and other electronics systems;” 10-K for 2023 | acquisition | 1996 | — |
Litton Industries, Inc.Word for word“2001 - Acquired Litton Industries, Inc., a global electronics and information technology company and full service shipbuilder;” 10-K for 2023 | acquisition | 2001 | — |
Newport News Shipbuilding Inc.Word for word“2001 - Acquired Newport News Shipbuilding Inc., designer and builder of nuclear-powered aircraft carriers and submarines;” 10-K for 2023 | acquisition | 2001 | — |
TRW Inc.Word for word“2002 - Acquired TRW Inc., developer of military and civil space systems and payloads, and integrator of complex, mission-enabling systems and services;” 10-K for 2023 | acquisition | 2002 | — |
Huntington Ingalls Industries, Inc. (spin-off of former shipbuilding business)Word for word“2011 - Completed the spin-off of Huntington Ingalls Industries, Inc., operator of our former shipbuilding business, comprised largely of a part of Litton Industries and Newport News Shipbuilding;” 10-K for 2023 | divestiture | 2011 | — |
Orbital ATK, Inc. (OATK)Word for word“2018 - Acquired Orbital ATK, Inc. (OATK), developer and producer of satellites and other space systems, launch vehicles and missile products; and” 10-K for 2023 | acquisition | 2018 | — |
IT and mission support services business (IT services divestiture) sold to Veritas CapitalWord for word“Effective January 30, 2021 (the “Divestiture date”), we completed the sale of our IT and mission support services business (the “IT services divestiture”) for $3.4 billion in cash and recorded a pre-tax gain of $2.0 billion.” 10-K for 2023 | divestiture | 2021 | $3.4 billion in cash |
minority investment in an Australian businessWord for word“In July 2023, the company sold its minority investment in an Australian business for AUD $ 235 million (the equivalent of $ 157 million upon settlement).” 10-K for 2023 | divestiture | July 2023 | AUD $ 235 million (the equivalent of $ 157 million upon settlement) |
IT and mission support services businessWord for word“2021 - Completed the sale of our IT and mission support services business (the “IT services divestiture”) to Veritas Capital.” 10-K for 2024 | divestiture | 2021 | — |
Immersive Mission Solutions (IMS) operating unit of Defense Systems (training services business)Word for word“On May 24, 2025 (the “Divestiture date”), the company completed its previously announced sale of substantially all of the Immersive Mission Solutions (IMS) operating unit of Defense Systems (the “training services” business or “divestiture”) for $333 million in cash and recorded a pre-tax gain on sale of $231 million.” 10-K for 2025 | divestiture | May 24, 2025 | $333 million in cash |
Huntington Ingalls Industries, Inc.Word for word“2011 - Completed the spin-off of Huntington Ingalls Industries, Inc., operator of our former shipbuilding business, comprised largely of a part of Litton Industries and Newport News Shipbuilding;” 10-K for 2025 | divestiture | 2011 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | — | — |
| 2017-12-31 | $0 | — | — |
| 2018-12-31 | −$7.66 billion | — | $6.22 billion |
| 2019-12-31 | $0 | $0 | $37 million |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | — | $3.4 billion | — |
| 2022-12-31 | — | $0 | — |
| 2023-12-31 | — | $0 | — |
| 2024-12-31 | — | $0 | — |
| 2025-12-31 | — | $333 million | — |
Deal filings since 2016
- 2025-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-10-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Northrop Grumman’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-01-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.