The transaction is expected to close mid-year 2025, the companies said in a statement announcing the deal.

Breaking Defense

Northrop to sell training services unit to Serco in $327M deal

Herndon, Virginia, Jan. 30, 2025 (GLOBE NEWSWIRE) — Serco, a provider of professional, technology, engineering, and management services, has today announced that it has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S). Adding to Serco’s existing defense capabilities, MT&S provides the U.S. military with advanced mission training services, and software that makes satellite …

citybiz

Serco To Acquire Northrop Grumman’s Mission Training and Satellite Ground Network Communications Software Business

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Media Bias/Fact Check

Northrop Grumman is selling off its training services business to Serco for $327 million, as the prime contractor restructures its defense systems division and focuses its business on innovation.The transaction is expected to close mid-year 2025, the companies said in a statement announcing the deal.“We continuously evaluate the portfolio to ensure that we are investing in the businesses that are core to achieving our strategic vision. This incl…

Dealbreaker

Northrop to Sell Training Services Unit to Serco in $327M DeaI

Serco Group PLC announced Thursday that its subsidiary, Serco Inc., has agreed to acquire Northrop Grumman Corp.’s mission training and satellite ground network communications software business (MT&S) for $327 million. The acquisition will bolster Serco’s presence in the defense sector at a time when global geopolitical tensions continue to rise. The U.K.-based public services company said the purchase will be funded entirely in cash from its re…

USA Herald

Serco to acquire Northrop’s training business for $327M - USA Herald

MT&S provides advanced mission training services and software solutions that enhance the efficiency of satellite ground networks. It supports key US military programmes across the Army, Space Force, Air Force, Navy, Combatant Commands, and international partners. This acquisition will increase Serco’s North American revenue to over $2 billion, with projected annual profits exceeding $200 million. It will also expand Serco’s customer base and cre…

defence-industry.eu

Serco to acquire Northrop Grumman’s mission training and satellite ground network business

Serco Group‘s U.S. subsidiary will acquire MT&S, Northrop Grumman‘s mission training and satellite ground network communications software business, for $327 million in cash. MT&S has almost a thousand workforce and supports U.S. military programs through advanced mission training services and software engineering, Serco said Thursday. Expanding Serco Inc.’s Capabilities and Reach The acquisition is expected

GovCon Wire

Serco Inc. to Acquire Northrop's MT&S Business for $327M - GovCon Wire

Britain’s Serco Group on Thursday said it agreed to acquire Northrop Grumman’s [NOC] Mission Training and Satellite Ground Network Communications Software Business (MT&S) for $327 million, expanding its U.S. presence, […]

Defense Daily

Serco Expanding U.S. Business With Acquisition Of Northrop Grumman’s Training And Software Unit - Defense Daily

Government service provider Serco Inc, a subsidiary of Serco Group, announced on 30 January 2025 that it has agreed to … mehr... The post Serco agrees to acquire Northrop Grumman’s MT&S business appeared first on European Security & Defence.

European Security & Defence

Serco agrees to acquire Northrop Grumman’s MT&S business - European Security & Defence

Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., announced a definitive agreement for Serco Inc. to acquire Northrop Grumman's training services business for $327 million in cash. The transaction is expected to close mid-year 2025, subject to regulatory approvals and customary closing conditions. This divestiture reflects Northrop Grumman's strategy to focus on growing core businesses where technology and innovation are key differentiato…

Northrop to sell training services unit to Serco in $327M deal

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