M&A Deal Summary

Northrop Grumman Acquires Sterling Software - Federal Systems Group

On September 18, 2000, Northrop Grumman acquired information technology company Sterling Software - Federal Systems Group from CAI for 150M USD

Acquisition Highlights
  • This is Northrop Grumman’s 2nd transaction in the Information Technology sector.
  • This is Northrop Grumman’s 8th largest (disclosed) transaction.
  • This is Northrop Grumman’s 3rd transaction in the United States.
  • This is Northrop Grumman’s 1st transaction in Virginia.

M&A Deal Summary

Date 2000-09-18
Target Sterling Software - Federal Systems Group
Sector Information Technology
Buyer(s) Northrop Grumman
Sellers(s) CAI
Deal Type Divestiture
Deal Value 150M USD

Target

Sterling Software - Federal Systems Group

McLean, Virginia, United States
Sterling's Federal Systems Group specializes in the areas of intelligence systems; command, control and communications; air traffic management; weather systems; and modeling and simulation.

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Buyer(S) 1

Buyer

Northrop Grumman

Falls Church, Virginia, United States

Category Company
Founded 1939
Sector Aerospace
Employees101,000
Revenue 39.3B USD (2023)
DESCRIPTION
Northrop Grumman office in Columbia, Maryland.
Northrop Grumman office in Columbia, Maryland.

Northrop Grumman provides technologically advanced, innovative products, services, and integrated solutions in aerospace, electronics, information and services to our global customers. Northrop Grumman participates in many high-priority defense and government services technology programs in the United States and abroad as a prime contractor, principal subcontractor, partner, or preferred supplier. The Company conducts most of its business with the U.S. Government, principally the Department of Defense (DoD) and intelligence community. Northrop Grumman also conducts business with local, state, and foreign governments and domestic and international commercial customers. Northrop Grumman was formed in 1939 and is based in Falls Church, Virginia.


DEAL STATS #
Overall 4 of 21
Sector (Information Technology) 2 of 4
Type (Divestiture) 2 of 4
State (Virginia) 1 of 6
Country (United States) 3 of 17
Year (2000) 1 of 2
Size (of disclosed) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-12 The Aerostructures

Nashville, Tennessee, United States

The Aerostructures Corp. is a worldwide designer, manufacturer, and assembler of large aerostructure components for commercial and military planes.

Sell $843M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-23 Federal Data

Bethesda, Maryland, United States

Federal Data Corp. is a provider of innovative IT solutions targeted at the rapidly growing federal civil marketplace. Its experience as a large- scale systems integrator enhances Logicon's thrust into high-end professional IT services and support.

Buy $302M

Seller(S) 1

SELLER

CAI

Smithfield, Rhode Island, United States

Category Company
Founded 1977
Sector Software
DESCRIPTION

CAI is a provider of specialized enterprise resource planning (ERP) software with industry expertise in several industry sectors, including seafood and other food processing and distribution, lumber and building materials, precious metal refining, and jewelry manufacturing. CAI was founded in 1977 and is based in Smithfield, Rhode Island.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 MultiProcess Computer

Windham, New Hampshire, United States

MultiProcess Computer Corp. is a software development company, that provides solutions for document storage and management, data and database conversion, electronic data delivery, bar-coding, forms processing and data entry on electronic forms. MultiProcess Computer Corp. was founded in 1987 and is based in Windham, New Hampshire.

Buy -