Northrop Grumman Corp., Falls Church, Va., plans to make about $577 million in contributions to its U.S. defined benefit plans in 2015.
The company announced the expected contributions in its 10-K filing on Monday, the minimum required of which is about $77 million, along with an additional voluntary contribution of about $500 million.
The company contributed $78 million to the plans in 2014, and $579 million in 2013.
As of Dec. 31, the plans had $25.06 billion in assets and $30.53 billion in projected benefit obligations, for a funding ratio of 82.1%, according to the 10-K.
The plans' asset allocation also as of that date, which includes VEBA trust fund assets, was 35.9% fixed income, 18.6% domestic equities, 18% international equities, 10.5% real estate, 7.7% private equity, 6.8% cash and cash equivalents, 2.4% hedge funds, and 0.1% other.
Randy Belote, company spokesman, declined to comment.