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Military


20 April 2001 Military News

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Defense Industry

  • Northrop Grumman to Acquire Aerojet-General's Electronics Group Northrop Grumman 20 Apr 2001 -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has signed a definitive agreement to acquire the Electronics and Information Systems Group of Aerojet-General Corporation for $315 million in cash. Aerojet-General is a wholly owned subsidiary of GenCorp Inc. (NYSE:GY).
  • Northrop Grumman Global Hawk Prepares for Deployment to Australia Northrop Grumman 20 Apr 2001 -- The U.S. Air Force's Global Hawk unmanned reconnaissance system is expected to set an aviation record on Sunday, April 22, when it crosses the Pacific Ocean, flying nonstop from Edwards AFB, Calif., to Edinburg Air Base in Australia. Northrop Grumman Corporation's (NYSE:NOC) Integrated Systems Sector (ISS) is the prime contractor for Global Hawk.

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