TASC, Northrop Grumman’s Systems Engineering and Technical Assistance (SETA) business unit, is being sold to KKR and General Atlantic for $1.65 billion. Northrop Grumman’s CEO Ronald Sugar said in a statement that the sale “reflects Northrop Grumman’s desire to align quickly with the government’s new organizational conflict- of-interest standards, while preserving TASC’s unique organizational culture.” [...]
Northrop Grumman has just announced that Chairman and Chief Executive Ronald Sugar, who’s been in his current role since 2003, will retire June 2010. Sugar will be replaced by Wesley Bush, 48, who joined the company in 1987 and currently serves as president and chief operating officer. Sugar is 61 years old, still below Northrop’s [...]
Now that the results of the 60-day cyber security review led by Melissa Hathaway are in, what’s next? ExecutiveBiz recently brought that question to leading figures in the cyber security discussion — everyone from think tanks to industry — to get their take on what the report may portend for public-private efforts in strengthening cyber [...]
