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Northrop Grumman (NYSE: NOC) has secured a $115.5 million contract option from the U.S. Navy to provide weapon replaceable assemblies and support services needed for the integration of Large Aircraft Infrared Countermeasures technology onto military aircraft. The company will perform studies, analysis and systems engineering services to install the ...
Stu Shea, president, CEO and chairman of Peraton and a 2021 Wash100 winner, said he believes adding Northrop Grumman’s (NYSE: NOC) information technology services business and Perspecta (NYSE: PRSP) would better position Peraton in the federal IT services market, the Washington Business Journal reported Friday. “Where Peraton will land is, we wi...
Northrop Grumman (NYSE: NOC) has received a $236.9 million contract option to manufacture eight gallium nitride active electronically scanned array radar systems for the U.S. Marine Corps. USMC exercised a firm-fixed-price portion covering three line items on its contract with the company to procure the additional GaN Ground/Air Task Oriented Radars...
Executive Mosaic is pleased to introduce Stu Shea, chairman, president and CEO of Peraton, as an inductee into the 2021 Wash100 for his leadership in company expansion efforts through acquisitions and contract awards from government and military customers for technology development, maintenance and support work. This marks Shea’s fifth Wash100 Awa...
Executive Mosaic is pleased to introduce Stu Shea, chairman, president and CEO of Peraton, as an inductee into the 2021 Wash100 for his leadership in company expansion efforts through acquisitions and contract awards from government and military customers for technology development, maintenance and support work. This marks Shea’s fifth Wash100 Aw...
Peraton has reorganized its operations into four business sectors, created three new executive positions and added five new members to the company's executive leadership team. The realignment comes after Peraton's private equity owner Veritas Capital acquired the information technology and mission support business from Northrop Grumman (NY...
Northrop Grumman (NYSE: NOC) has been selected to compete for task orders under a basic ordering agreement support the U.S. Air Force’s LevelUp Code Works Platform One team in product development projects....
France will procure an updated variant of Northrop Grumman's (NYSE: NOC) airborne command and control aircraft platform from the U.S. Navy for approximately $2B after two countries signed into a letter of offer and acceptance....
Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchInte...
Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton ...
