Investment Summary

Northrop Grumman Invests In American Australian Association

On August 19, 2022, Northrop Grumman invested in education company American Australian Association

Investment Highlights
  • This is Northrop Grumman’s 1st transaction in the Education sector.
  • This is Northrop Grumman’s 17th transaction in the United States.
  • This is Northrop Grumman’s 2nd transaction in New York.

Investment Summary

Date 2022-08-19
Target American Australian Association
Sector Education
Investor(s) Northrop Grumman
Deal Type Stake Purchase

Target

American Australian Association

New York, New York, United States
American Australian Association privately funded, non-profit organization dedicated to broadening, strengthening, and developing ties across the Pacific through its business, innovation, education, veterans, and arts programs. American Australian Association was founded in 1948 and is based in New York City.

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Investor(S) 1

Investor

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 21 of 21
Sector (Education) 1 of 1
Type (Stake Purchase) 1 of 1
State (New York) 2 of 2
Country (United States) 17 of 17
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Deepwave Digital

Philadelphia, Pennsylvania, United States

Deepwave Digital, Inc. enables the incorporation of artificial intelligence (AI) in radio frequency (RF) and wireless systems by supplying customers with an integrated hardware and software solution. Deepwave Digital was founded in 2017 and is based in Philadelphia, Pennsylvania.

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