Falls Church, go. – January 30, 2025 – Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., announced today a final agreement for Serco Inc. to acquire the Northrop Grumman training service activity for 327 million dollars in cash. The transaction is expected to close the middle of 2025, subject to regulatory approvals and usual closing conditions. This transfer reflects the strategy of Northrop Grumman to focus on the growth of main companies where technology and innovation are key differentiators.
Northrop Grumman is a global aerospace and defense technology company. Our pioneer solutions equip our customers with the capacity they need to connect and protect the world, and push the limits of human exploration through the universe. Pushed by a common goal to solve the most difficult problems of our customers, our employees define every day possible.
Note: The declarations of this announcement contain or may contain declarations which constitute “prospective declarations” within the meaning of the 1995 law on the reform of the dispute of private securities. “” May “,” could “,” should “,” plan “,” project “,” forecast “,” believing “,” estimate “,” guidance “,” perspective “,” trends “,” goals “and similar Expressions generally identify these prospective declarations. Prospective declarations include, among other things, declarations relating to the time of the sale offered. These prospective declarations only speak on the date on which the date is made, and the company does not guarantee any obligation to update or publicly revise the prospective declarations after the date of this version, unless required by the Act applicable . Prospective declarations are not future performance guarantees and intrinsically involve a wide range of risks and uncertainties that are difficult to foresee. The specific risks which could ensure that real results differ significantly from those expressed or implicit in these prospective declarations include, but without limiting the exercise ended on December 31, 2023 and from time to time in our other deposits with the Securities and Exchange Commission; The possibility that the conditions for closing the proposed sale are not satisfied in a timely time, or at all; and other events or circumstances that may have a negative impact on the completion of the proposed sale and other political or economic conditions of our control.