Bold Move By Northrop Grumman

Northrop Grumman to Buy Builder of SpaceShipOne, First Manned Commercial Space Rocket, AP

"Northrop Grumman Corp. has agreed to buy the company that built the first private manned rocket to reach space, it was announced Friday. Northrop earlier this month agreed to increase its stake in Mojave, Calif.-based Scaled Composites LLC from 40 percent to 100 percent, said company spokesman Dan McClain."

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This page contains a single entry by Keith Cowing published on July 22, 2007 11:44 PM.

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