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CHANTILLY, Va., Dec. 31 (UPI) -- TASC Inc. announced it has completed its move to become an independent and non-conflicting company of U.S. defense contractor Northrop Grumman.
Virginia-based TASC, an adviser services provider for the intelligence and defense market, was acquired from Northrop Grumman by a General Atlantic-led investor group for $1.65 billion.
Since the TASC acquisition announcement in early November, company officials have been working to separate ties to Northrop Grumman and demonstrate it is in full compliance with U.S. government organizational conflict of interest policies.
"Today, we begin a new and exciting chapter in our long history … as an independent company, we are well positioned for continued growth," Wood Parker, TASC president and chief executive officer, said in a statement.
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