President Trump signs executive order revoking previous competition and antitrust enforcement policies, clearing path for increased corporate consolidation and monopolistic practices without federal oversight.
Donald TrumpDepartment of Justice Antitrust DivisionFederal Trade Commissionmonopoly-powerantitrusteconomic-policyreward-alliescorporate-consolidation+3 more
The Department of the Air Force awarded Northrop Grumman a $13.3 billion contract on September 8, 2020, to develop the Ground Based Strategic Deterrent intercontinental ballistic missile system, initiating the engineering and manufacturing development phase of a program estimated to cost between …
Northrop GrummanU.S. Air ForceDepartment of DefenseBoeingOrbital ATKMilitary-Industrial ComplexDefense ContractorsNuclear WeaponsPentagon ContractsICBMs+1 more
Northrop Grumman completed its $9.2 billion acquisition of Orbital ATK on June 6, 2018, gaining control of the premier supplier of solid rocket motors essential for missile systems and creating anticompetitive market dominance that the Federal Trade Commission warned would “reduce competition …
Northrop GrummanOrbital ATKFederal Trade CommissionDepartment of DefenseBoeingMilitary-Industrial ComplexDefense ContractorsMonopoly PowerMergers and AcquisitionsAntitrust+2 more