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Syndication
Monday, August 27, 2007
Northrop Grumman Completes Acquisition of Scaled Composites, LLC
By FlyingNews @ 2:57 PM :: 158 Views ::
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Aerospace
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Business Aircraft Manufacturers
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Small Aircraft Manufacturers
Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40 percent to 100 percent.
Scaled Composites is an aerospace and specialty composites development company located in Mojave, Calif., with broad experience in vehicle design, tooling, and manufacturing; specialty composite structure design, analysis and fabrication; and developmental flight test.
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