Northrop-TRW deal on track

Northrop Grumman Corp.'s acquisition of TRW Inc. remains on track to close by the end of the year, the company said Oct. 16. The 30-day antitrust waiting period imposed by the Justice Department ended at midnight the day before.

The waiting period was related to a request for information under the Hart-Scott-Rodino Anti-Trust Improvements Act. The Justice Department, however, continues to review the proposed transaction.

Northrop Grumman has agreed to give the Justice Department notice of 10 business days before Northrop Grumman or TRW shareholders meet regarding the acquisition. The shareholders will vote Dec. 11 on the merger.

The acquisition of TRW is valued at about $7.8 billion and will create a defense contractor with about $26 billion in annual revenue. The IT portion of the business will be about $7 billion.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.