Northrup Grumman to buy M5 Network Security
Wednesday - 6/13/2012, 10:06am EDT
The deal will help Northrup broaden its client portfolio amid dwindling defense sales and concerns about sequestration.
Its cybersecurity unit, Information Systems, saw a nine percent decrease in sales last quarter. Northrup CEO Wes Bush told Next Gov that with the acquisition, the company planned to provide cybersecurity services to Australian customers.
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