Northrop Grumman is eliminating three of its four main business units and creating three new ones under a reorganisation that the US defence contractor unveiled on 18 September.
The new 'operating sectors' are Aeronautics Systems, Defense Systems and Space Systems. Of the four old sectors, Aerospace Systems, Innovation Systems, and Technology Services will disappear, and Mission Systems will continue.
The restructure, which takes effect on 1 January, will align "businesses that have shared markets, customers, and technologies," said Kathy Warden, who became Northrop Grumman's chairman, CEO, and president earlier this year. "It will accelerate our ability to rapidly identify and deliver the technologies, products, and services our customers need, and fuel our continued growth and execution."
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