“Months after one reorganization centered around its services work, Northrop Grumman is making some more changes but remaining a company with four segments.”
“Falls Church, Virginia-based Northrop said Wednesday its new segment names will be aeronautic systems, defense systems, mission systems and space systems. The current segments are aerospace systems, mission systems, innovation systems and technology services.”
“This new structure is effective Jan. 1, 2020, and does not change Northrop’s forecast of $34 billion in revenue for this year…”
“On the surface, the most significant change is regarding the technology services business which becomes part of the new defense systems…” Read the full article here.
Source: Northrop shuffles businesses with reorg – By Ross Wilkers, September 19, 2019. Washington Technology.