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Northrop Sells It Services Unit To Veritas For 3 4 Billion Bloomberg
Northrop Grumman Corp.
Northrop grumman technology services. Northrop Grumman Defense Systems supports a broad array of civil defense and international customers through an innovative portfolio of solutions including. Aircraft Sustainment Modernization and Services. Is considering a sale of its technology services business which could fetch at least 3 billion according to people with knowledge of the matter.
Agreed to sell a technology-services business to Veritas Capital for 34 billion as part of the contractors effort to sharpen its focus on defense-related products. Is considering a sale of its technology services business which could fetch at least 3 billion according to people with knowledge of the matter. Northrop Grumman Technical Services is a part of Northrop Grumman Corporation which is one of the leading global defense and technology companies of the world and offers innovative systems products and solutions to government and commercial customers worldwide.
Northrop Grumman Technology Services Activity. NOC said that it agreed to sell its federal IT and mission support services business to Veritas Capital for 34 billion in cash. Northrop Grumman Corporation major American manufacturer specializing in defense and commercial aerospace electronics and information-technology products and services.
Northrop Grumman has completed the divestment of its IT services business to an affiliate of US-based private equity firm Veritas Capital for 34bn. Northrop Grumman Technology Services Dec 2009 - Present 11 years 6 months Responsible for the overall contractual and compliance posture of the Technology Services Sector. Just over a year ago Northrop consolidated its businesses from four to three segments.
Defensive Cyber and Information Operations. Northrop Grumman Corp. Northrop Grumman Technology Services.
Technology services reported 457 million in operating income on sales of 41 billion in 2019 compared with 443 million in operating income on 43 billion in sales during the previous year according to its annual report. RTTNews - Northrop Grumman Corp. The current company was formed in 1939 as Northrop Aircraft Inc and was renamed Northrop Corporation in 1958.
Northrop Grumman solves the toughest problems in space aeronautics defense and cyberspace to meet the ever evolving needs of our customers worldwide. Northrop Grumman Said to Explore Technology Services Unit Sale. As previously agreed the divested business will combine with Peraton which focuses on providing intelligence communications and other services to select federal agencies and commercial entities.
A representative for Northrop Grumman declined to comment. Advanced Weapons Munitions and Propulsion Systems. Gator Harvey of Northrop Grumman Technology Services will serve as the moderator for an expert panel featuring Casie Antalis and Eric Peters.
Northrop Grumman is continuing to realign its technology services business to better match the units capabilities with customer needs the contractors chief executive said Thursday. Integrated Air and Missile Defense. Northrop Grumman Italia is an autonomous operating company specialized in Integrated Navigation Systems within the Mission Systems Division of Northrop Grumman Corporation a multi-industry leader on high-technology advanced electronics and defence systems operating through its.
Sector Headquarter 2340 Dulles Corner Blvd. Bloomberg -- Northrop Grumman Corp. Herndon VA 2017 703 713-4000.
Dec 7 2020 915PM EST. Contractor 2340 Dulles Corner Blvd Herndon VA 20171 USA 1 703-561-3102. 610 Watson Blvd B Warner Robins GA 31093.
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