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NORTHROP GRUMMAN INTENDS TO BUY AEROJET

USA, Northrop Grumman intends to buy the space division of Aerojet for 315 USDm. The announcement was given on Friday. Northrop said that the acquisition will give a further boost to the space sensors and space warning systems sector, and would also stregthen its business focus on systems involving advanced battlefield management technology. Aerojet, wholly owned subsidiary of Gen.Corp....

AVIONEWS - World Aeronautical Press Agency - 11502
Rome, Italy, 04/23/2001 14:21
AVIONEWS - World Aeronautical Press Agency

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