Pension Fund

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Northrop Grumman Pension Plan

The Northrop Grumman Pension Plan was established in 2000 as the defined benefit vehicle for employees of Northrop Grumman Corporation. It operates separately...

Northrop Grumman Pension Plan logo

Northrop Grumman Pension Plan

The Northrop Grumman Pension Plan was established in 2000 as the defined benefit vehicle for employees of Northrop Grumman Corporation. It operates separately from the sponsor's 401(k) savings plans while sharing the same corporate parent. Allocations include private equity commitments through NG DB MT Alternative Investments Fund to vehicles such as Edgewater Growth Capital Partners IV, Blackstone Core Equity Partners, and KKR Americas Fund XII. Real estate exposure appears via EW Real Estate Fund LP in Singapore and India. Energy and metals futures provide hedging across global markets. The plan also holds direct real assets including the Colorado Springs Campus and Space Park facilities. Assets total 19616 million USD. The plan uses State Street Bank and Trust Company as trustee and custodian and Deloitte & Touche LLP as auditor. Kathy Warden serves as Chair and CEO of the sponsor corporation. The plan's structure ties investment decisions to the sponsor's corporate treasury function rather than an independent family office or external CIO mandate.

General information

Firm type

Pension Fund

Year founded

2000

Location

Region

North America

Country

United States

City

Falls Church

Corporate office

2980 Fairview Park Drive, Falls Church, VA, United States

Principals

Andy Ward

Corporate Director of Investments

Sector focus

Private EquityInfrastructureReal Estate

Frequently asked questions

Who runs investment decisions at Northrop Grumman Pension Plan?

Andy Ward serves as Corporate Director of Investments. Decisions occur within the sponsor's treasury function.

Does Northrop Grumman Pension Plan participate in fund commitments or only direct deals?

The plan acts as limited partner in multiple external funds including private equity, credit, and real estate vehicles through NG DB MT Alternative Investments Fund.

What asset classes receive allocations from Northrop Grumman Pension Plan?

Private equity, real estate debt, infrastructure, energy futures, and sponsor equity form the disclosed mix.

Where does the underlying wealth come from for Northrop Grumman Pension Plan?

Assets derive from contributions by Northrop Grumman Corporation on behalf of its employees under a defined benefit structure.

How is Northrop Grumman Pension Plan related to Northrop Grumman Corporation?

Northrop Grumman Corporation is the plan sponsor and primary employer. The plan holds a portion of the sponsor's common stock.

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