Northrop Grumman Corporation is an American aerospace and defense Technology Company & the fourth largest defense contractor in the world apart from being the largest builder of naval vessels. Northrop Grumman employs over 122,000 people worldwide & generated about US$ 33.88 billion as 2008 annual revenues. The company ranks #76 on the 2008 Fortune 500 list of U.S. industrial companies & is headquartered in Los Angeles, California.
SWOT Analysis is a framework used extensively for an assessment of the internal as well as external business environment as part of the strategic or corporate planning process. The framework generates a snapshot of the firm’s strengths & weaknesses as part of internal environment assessment and opportunities & threats as part of the external environment assessment that aids strategic decision making.
This SWOT analysis of the Northrop Grumman Corporation will be useful for
- Strategic decision making process at any level - Assessment & evaluation of the firm’s responsiveness to the external environment - Identifying areas where strategic changes & improvements are necessary - Assessing the firm’s change readiness - Assessment of the firm’s strategies - Gaining insights into the potential upcoming strategic changes at the firm & market level
The analysis will be essential for those having strategic interest in the company’s operations.
