28 February 2014
Northrop Grumman Corp. (NYSE: NOC) subsidiary Northrop Grumman Australia Pty Ltd. said it has completed the acquisition of Qantas Defence Services Pty Ltd., now called Northrop Grumman Integrated Defence Services Pty Ltd.
IDS operates as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services. The acquisition is not material to Northrop Grumman´s 2014 financial outlook.
“Northrop Grumman IDS enhances our in-country footprint and local capabilities, and demonstrates our commitment to the Australian and regional defence markets. We expect this to be an important platform for international growth in our key focus areas of unmanned, cyber, C4ISR, and logistics and modernization,” said Ian Irving, Northrop Grumman chief executive for Australia.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Visit www.northropgrumman.com for more information.