Northrop to sell $1.65 billion unit to private equity
Defense contractor Northrop Grumman has agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co KKR.UL, for $1.65 billion, the companies said on Sunday.
Reuters
Thales wants larger share of naval systems company
Thales is keen to raise its stake in naval systems company DCNS to 35 percent from 25 percent, as systems integration plays an increasingly important part in the design and building of modern warships, said Marc Darmon, head of Thales' naval division.
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UKDF Defence Viewpoints is intended as a forum for political discussion and debate on security, defence, peace and strategic issues. The views of authors are theirs alone, and publication of them here should not be interpreted as an endorsement by the U K Defence Forum, which holds no views of its own, or any of its associates. We are grateful to thinktanks, academics and publications for permission to reproduce their material. Copyright remains with original authors even when anonymous.
UKDF Defence Viewpoints is intended as a forum for political discussion and debate on security, defence, peace and strategic issues. The views of authors are theirs alone, and publication of them here should not be interpreted as an endorsement by the U K Defence Forum, which holds no views of its own, or any of its associates. We are grateful to thinktanks, academics and publications for permission to reproduce their material. Copyright remains with original authors even when anonymous.
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