No formal Northrop/Scaled announcement yet; perhaps today?

Although Virgin Galactic’s Alex Tai said Saturday that a formal announcement of Northrop Grumman’s acquisition of Scaled Composites would come on Monday, none of the companies involved made a press release or other official announcement about the deal on Monday. It is possible, though, that the announcement may come today, since Northrop will release its second quarter financial results and hold a conference call with financial analysts. Expect the deal to come up in the Q&A if the company doesn’t mention it in its earnings release.

Update: It turns out the Scaled acquisition did not come up during Tuesday’s conference call. So much for my predictive skills…

2 comments to No formal Northrop/Scaled announcement yet; perhaps today?

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