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...years,” it added, noting the most exposed companies included ManTech International, and DynCorp, while highly leveraged companies less resilient to declining margins include Alion Science and Technology, TASC...
...Last November, Northrop Grumman agreed to sell TASC, its advisory services division, for about $1.7bn to a group including Kohlberg Kravis Roberts & Co....
...TASC is part of Northrop Grumman’s Information Systems sector and advises the US military. It has about 5,000 employees. The division expects 2009 revenue of about $1.6bn....
...Northrop Grumman has agreed to sell TASC, its advisory services division, for $1.65bn to buy-out firms General Atlantic and KKR....
...In other deals, Northrop Grumman, one of the largest US defence contractors, agreed to sell TASC, its advisory services unit, for $1.65bn to private equity groups General Atlantic and Kohlberg Kravis Roberts...
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