Date: 19 November, 2007
Northrop Grumman Corporation announced today that it has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40% to 100%.
Scaled Composites is an aerospace and specialty composites development company located in Mojave, Calif., with broad experience in vehicle design, tooling and manufacturing; specialty composite structure design, analysis and fabrication; and developmental flight test.
Northrop Grumman Corporation is a US$ 30 billion global defense and technology company whose 120,000 employees provide systems, products and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.