COVID Stimulus Watch Individual Entry
Recipient Company:
Northrop Grumman Corp
Loan or Loan Guarantee Amount:
$2,186,104
Recipient Details
Ownership Structure: publicly traded (ticker symbol NOC)
Award Details
Award Date: Nov 17, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Northrop Grumman
Headquartered in: Virginia
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 90,000
Accountability Issues Since 2010
Employment-related Penalties: $17,637,838
Government-contracting-related Penalties: $103,627,160
Environmental / Healthcare / Safety Penalties: $878,147
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 177 to 1
CEO Compensation: $20,307,994
Worker Median Pay: $114,667
Total Federal, State, and Local Subsidies: $1,227,660,844
Federal Corporate Income Tax Rate: 7.9%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues