Aerospace Corporation

Aerospace Corporation Overview

Aerospace Corporation is located in Los Angeles, CA. The organization was established in 1961. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 09/2020, Aerospace Corporation employed 4,961 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2020, Aerospace Corporation generated $1.2b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.1b during the year ending 09/2020. While expenses have increased by 2.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OUR PURPOSE IS TO ASSIST THE GOVERNMENT AND OTHER CUSTOMERS IN CONCEPTION, DESIGN, ACQUISITION AND OPERATIONS OF SPACE AND OTHER COMPLEX SYSTEMS. MISSION: WORKING TO IMPROVE EFFECTIVENESS FOR SPACE OPERATIONS AND END-USER COMMUNITIES, CONTRIBUTING TO ACQUISITION SUCCESS AND TO 100% MISSION SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION'S PRIMARY CUSTOMER IS THE SPACE AND MISSILE SYSTEMS CENTER (SMC) OF THE AIR FORCE SPACE COMMAND. THE CORPORATION FULFILLS THE FUNCTIONS OF AN ARCHITECT-ENGINEER FOR SPACE SYSTEMS. IT ASSISTS WITH ENGINEERING TASKS REQUIRED TO DEVELOP SPACE SYSTEMS, FROM INITIAL CONCEPT AND DESIGN TO DEPLOYMENT AND OPERATION. PROGRESS IS MONITORED, ALTERNATIVES AND TESTS ARE ANALYZED, AND PROBLEMS ARE RESOLVED IN COOPERATION WITH INDUSTRIAL CONTRACTORS AND GOVERNMENT LABORATORIES.AEROSPACE LABORATORY RESEARCH IS DIRECTED TOWARD ADVANCEMENTS IN MILITARY SPACE SYSTEMS, ENGINEERING FEASIBILITY STUDIES OF NEW SYSTEM CONCEPTS, ANOMALY RESOLUTION, AND ANALYSES AND FORECAST OF DOMESTIC AND FOREIGN TECHNOLOGIES. IN FULFILLING THIS ARCHITECT-ENGINEER ROLE, AEROSPACE STRIVES TO MINIMIZE SYSTEM DEVELOPMENT AND OPERATIONAL RISKS, WHICH IN TURN PROTECTS ACQUISITION SCHEDULES AND AIDS IN COST CONTAINMENT.


AEROSPACE CIVIL SYSTEMS GROUP SUPPORTS CUSTOMERS IN THREE PRIMARY AREAS: NASA PROGRAMS, NOAA (NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION) PROGRAMS AND COMMERCIAL, INTERNATIONAL AND HOMELAND SECURITY PROGRAMS. THE CIVIL SYSTEMS GROUP WORK ENHANCES OUR MISSION ASSURANCE CAPABILITIES FOR OUR NATIONAL SECURITY SPACE CUSTOMER, SMC.


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Aerospace Corporation Board, Officers & Key Employees

Name (title)Compensation
S J Isakowitz
President & CEO
$1,282,396
W H Goodman
Vice President
$1,116,706
M R Clinton
Vice President
$1,040,061
E M Beatty
Vice President
$827,269
R L Kendall
Vice President
$761,443
E M Swallow
Vice President
$724,960

Aerospace Corporation Vendors

Vendor Name (Service)Compensation
Andrews Intl Government Services Inc
Security Services
$7,525,381
Servicon Systems Inc
Facilities Maint Services
$1,844,825
Equinix Inc - #774252
Data Center Mgmt
$2,083,564
Digital Intelligence Systems Llc
Computer & Software
$17,384,117
Chipton-ross
Contract Labor
$2,611,853
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$126,020
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$126,020
Total Program Service Revenue$1,153,093,811
Investment income $679,396
Tax Exempt Bond Proceeds $0
Royalties $66,600
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,155,829,000

Aerospace Corporation Grants Awarded

Over the last fiscal year, Aerospace Corporation has awarded $189,774 in support to 6 organizations.

Grant RecipientAmount

SMITHSONIAN

|

|

$100,000

AMERICAN INSTITUTE OF AERONAU

|

|

$29,500

WASHINGTONEXEC

|

|

$22,104

CONSTITUTIONAL RIGHTS FOUNDAT

Org PageRecipient Profile

Los Angeles, CA

|

$16,500

AMERICAN ASTRONAUTICAL SOCIET

Org PageRecipient Profile

Springfield, VA

|

$12,500

NATIONAL DEFENSE INDUSTRIAL A

|

|

$9,170
View Grant Profile

Aerospace Corporation Grants Recieved

Over the last fiscal year, we have identified 1 grants that Aerospace Corporation has recieved totaling $40,367.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$40,367
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$588,287
Earnings$4,730
Net Contributions$126,020
Other Expense$6
Grants$15,000
Ending Balance$704,031

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