Serco to Acquire Northrop Grumman’s Training Services Business

Falls Church,Va, February 1, 2025–Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., today announced a definitive agreement for Serco Inc. to acquire Northrop Grumman’s training services business for US$ 327 million in cash. The transaction is expected to close mid-year 2025, subject to regulatory approvals and customary closing conditions.

This divestiture reflects Northrop Grumman’s strategy to focus on growing core businesses where technology and innovation are key differentiators, said the company in a statement.