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TASC, Inc., formerly known as The Analytic Sciences Corporation, is an American private defense contractor based outside Washington, D.C., in Chantilly, Virginia. Northrop Grumman owned TASC from 2001 to 2009, when it sold the unit to comply with new government conflict of interest rules.
In 1998, Litton Industries bought TASC, Inc. [6] In 2000, TASC sold three stand-alone commercial operations: Adesso Software, WSI (Weather Services International) Corporation [7] and Emerge. The company reported sales of $5.6 billion and a net income of $218 million for the 2000 fiscal year.
Northrop Grumman Corporation is an American multinational aerospace and defense company. With 97,000 employees [3] and an annual revenue in excess of $40 billion, it is one of the world's largest weapons manufacturers and military technology providers.
The entities include units of Lockheed Martin, Raytheon, General Dynamics and other companies. Senior executives of Northrop Grumman Corporation and General Dynamics also were targeted.
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
The big shareholder groups in Northrop Grumman Corporation (NYSE:NOC) have power over the company. Large companies...
After Litton Industries acquired TASC, he served as senior vice president and strategic business unit director, information management. With the acquisition of Litton by Northrop Grumman in 2001, Shea served as vice president as the general manager, Space and Intelligence Business Unit.
That sounds good, until you realize that at a $73.9 billion market capitalization, it means Northrop Grumman stock currently costs nearly 30 times this year's free cash flow -- which seems quite a ...