Northrop Grumman Corporation is an American global aerospace and defense technology company formed by the 1994 purchase of Grumman by Northrop. The company was the fourth-largest defense contractor in the world as of 2010, and the largest builder of naval vessels. Northrop Grumman employs over 75,000 people worldwide. Its 2010 annual revenue is reported at US$34 billion. Northrop Grumman ranks #72 on the 2011 Fortune 500 list of America's largest corporations and ranks in the top ten Military Friendly employers. It has its headquarters in Falls Church, Virginia.
The MIT Media Lab is an interdisciplinary research laboratory at the Massachusetts Institute of Technology devoted to projects at the convergence of technology, multimedia and design. Staff and students have backgrounds ranging from electrical engineering and computer science to sociology and music and others.[1] The Media Lab has been widely popularized since the 1990s by business and technology publications such as Wired and Red Herring for a series of practical inventions in the fields of wireless networks, field sensing, web browsers and the World Wide Web. More recently, it has also focused particularly on design and technologies that address social causes.[2] The One Laptop per Child (OLPC) was one of the notable research efforts which grew out of the Media Lab.