Northrop Grumman Acquires Qantas Defence Services
Northrop Grumman Australia announced that it has completed the acquisition of Qantas Defence Services, now called Northrop Grumman Integrated Defence Services Pty Limited (IDS).
IDS will operate as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services. The acquisition is not material to Northrop Grumman's 2014 financial outlook.
"Northrop Grumman IDS enhances our in-country footprint and local capabilities, and demonstrates our commitment to the Australian and regional defence markets. We expect this to be an important platform for international growth in our key focus areas of unmanned, cyber, C4ISR, and logistics and modernization," said Ian Irving, Northrop Grumman chief executive forAustralia.
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