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Defense contractor Northrop Grumman Corp. (NYSE:NOC) said Sunday it is selling its military intelligence unit Tasc Inc. for $1.65 billion in cash to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.In a similar deal last year, Carlyle Group paid $2.5 billion for...
Posted on November 8, 2009 5:47 PM
Defense and technology company Northrop Grumman Corp. said its shipbuilding division is creating a joint venture with France's Areva SA to build a manufacturing and engineering facility in Newport News, Va., to supply the American nuclear energy sector. As the U.S. searches for energy independence -- or something close...
Posted on October 24, 2008 3:53 PM
James Tapp didn't plan on a career in corporate development when he retired from the Air Force with the rank of colonel in 1994. After spending six years in Washington as liaison to the U.S. Senate and in other government roles for the military, Tapp was mostly interested in getting...
Posted on September 16, 2008 1:43 PM
Northrop Grumman Corp. has tapped a veteran employee to lead corporate development. James B. Tapp has been with the defense contractor since 1994 in a variety of roles, including as vice president of corp dev for the company's Integrated Systems sector. He's spent the last year realigning development activities across...
Posted on August 14, 2008 12:16 PM
Like companies in pharma, oil and a few other industries, defense contractors partner a lot. Tuesday's case in point: Northrop Grumman Corp. and Oshkosh Truck Corp., the latest team to enter the competition to build a vehicle to succeed the Humvee. Northrop would be the prime contractor and systems...
Posted on January 8, 2008 1:48 PM
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