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17-54 Deciphering Financial Statements (Northrop Grumman) Northrop Grumman is a leading aerospace/defense company. The company has developed the F-16...
17-54 Deciphering Financial Statements (Northrop Grumman)Northrop Grumman is a leading aerospace/defense company. The company has developed the F-16 fighter, the Apache helicopter, the AWACS early warning airborne radar, and the B-2 Stealth bomber. Grumman, one of the predecessor companies of Northrop Grumman, was the primary contractor for the Lumar Excursion Module (LEM) that landed Neil Armstrong and Buzz Aldrin on the moon in 1969. Information relating to Borthrop Grumman’s pension and other postretirement benefit plans follows:
