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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 next-generation national security company that drives missions of consequence spanning the globe and extending to the farthest reaches of the galaxy. As one of the world’s leading mission capability integrators and transformative enterprise IT providers, we deliver trusted, highly differentiated solutions and technologies to protect our nation and allies from threats across the digital and physical domains. Peraton supports every branch of the U.S. Armed Forces, and we serve as a valued partner to essential government agencies that sustain our way of life.
Dan Drummond
Head of External Communications