Veritas Capital (Peraton) acquisition of Northrop Grumman IT and mission support services
Veritas bought Northrop Grumman's federal IT services unit and combined it with Peraton.
- Company
- Northrop Grumman IT and mission support services business
- Type
- M&A
- Status
- Completed
- Date
- 1 Feb 2021
- Value
- US$3.4bn
- Value basis
- US$3.4bn cash
- Region
- US
- Segment
- Government services
Parties
- Veritas Capital (Peraton) buyer
- Northrop Grumman seller
Key terms
- Price
- US$3.4bn cash
Sources
- Business Wire: Veritas Capital completes acquisition of Northrop Grumman's IT and mission support services business businesswire.com · 1 Feb 2021
- Washington Technology: Veritas completes $3.4B Northrop IT acquisition washingtontechnology.com · 1 Feb 2021
Record DEF-INV-2021-0002. Investments are kept apart from the financings register and never counted in debt totals.
