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From 1990 to 2003, before the merger with Grumman in 1994, Kent Kresa was the CEO of the company, who led the serial-acquisition strategy with a total of 15 additional acquisitions from 1994 to 2003, including Litton, Logicon, Westinghouse's defense electronics business, Ryan Aeronautical and Newport News Shipbuilding, and TRW. He then retired ...
TASC, Inc. TASC, Inc., formerly known as The Analytic Sciences Corporation, is an American private defense contractor based outside Washington, D.C., in Chantilly, Virginia. Northrop Grumman owned TASC from 2001 to 2009, when it sold the unit to comply with new government conflict of interest rules. In February 2015, Engility Holdings announced ...
The Federal Trade Commission (FTC) approved the acquisition with conditions on June 5, 2018, and on June 6, 2018, Orbital ATK was renamed Northrop Grumman Innovation Systems. [ 7 ] [ 8 ] With Northrop Grumman's reorganization of its divisions effective January 1, 2020, Northrop Grumman Innovation Systems was split, with most of the sector ...
The spinoff of the Sporting Group to create Vista Outdoor and the merger leading to the creation of Orbital ATK were completed on February 9, 2015. The companies began operations as separate entities on February 20, 2015. [3] [4] Orbital ATK was bought by Northrop Grumman in 2018. [5]
The merger was completed on 9 February 2015 and Orbital Sciences ceased to exist as an independent entity. [ 4 ] On 18 September 2017, Northrop Grumman announced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt, [ 5 ] [ 6 ] and on 6 June 2018, the acquisition was completed, and Orbital ATK ...
Both companies said Northrop Grumman's acquisition would not affect Scaled Composites' strategy or involve replacing Burt Rutan as senior manager. [2] The acquisition by Northrop Grumman was completed on August 24, 2007. [3] Rutan retired in April 2011. [4] Ben Diachun, a long time employee, was president of Scaled from Oct 31, 2015, [5] until ...
The company was called Thompson Ramo Wooldridge Inc., after the 1958 merger of the Ramo-Wooldridge Corporation and Thompson Products. This was later shortened to TRW. The company was founded in 1901 and lasted for just over a century until being acquired by Northrop Grumman in 2002.
The Lockheed Martin Corporation is an American aerospace and defense manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including ...