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8-K - FORM 8-K - NORTHROP GRUMMAN CORP /DE/ | v54694e8vk.htm |
EX-10.1 - EX-10.1 - NORTHROP GRUMMAN CORP /DE/ | v54694exv10w1.htm |
EX-10.2 - EX-10.2 - NORTHROP GRUMMAN CORP /DE/ | v54694exv10w2.htm |
Exhibit 99.1
News Release
Contact: | Dan McClain (Media) | |||
(310) 201-3335 | ||||
dan.mcclain@ngc.com | ||||
Paul Gregory (Investors) (310) 201-1634 paul.gregory@ngc.com |
Northrop Grumman Completes Sale of Advisory Services Business
LOS ANGELES Dec. 18, 2009 Northrop Grumman Corporation (NYSE:NOC) announced today that
it has completed the sale of TASC, Inc., its advisory services business, for $1.65 billion in cash
to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.
L.P.
Goldman Sachs and Credit Suisse represented Northrop Grumman in the transaction. Fried,
Frank, Harris, Shriver & Jacobson LLP served as legal advisor to Northrop Grumman.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees
provide innovative systems, products, and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial customers worldwide.
# # #
1209-609
Northrop Grumman Corporation
1840 Century Park East Los Angeles, CA 90067
www.northropgrumman.com/media
1840 Century Park East Los Angeles, CA 90067
www.northropgrumman.com/media