Northrop Grumman Corp. agreed to sell a technology-services business to Veritas Capital for $3.4 billion as part of the contractor’s effort to sharpen its focus on defense-related products. For Veritas, the acquisition will bolster its footprint in the government technology market. After the deal closes, the New York-based private equity firm expects to combine the operation with Peraton.
Peraton is a national security company that drives missions of consequence spanning the globe and extending to the farthest reaches of the galaxy. As the world’s leading mission capability integrator and transformative enterprise IT provider, we deliver trusted, highly differentiated solutions and technologies that protect our nation and allies from threats across the digital and physical domains. Peraton supports every branch of the US Armed Forces, and we serve as a valued partner to essential government agencies who sustain our way of life. Every day, our employees do the can’t be done by solving the most daunting challenges facing our customers. Visit peraton.com to learn how we’re safeguarding your peace of mind.
Lynelle Haugabrook
Media Relations