Rumor: Northrop Grumman dumping Aerospace division?

Northrop Grumman is rumored to have plans to spin-off Aerospace division. Spin-off will be either Aero or Space, but based on the number of backlog contracts it looks like Space will be cut. But! in note to senior finance people, Sector VP Tom Vice specifically thanked F18 chief for great work. F18 fab real estate (adjacent to LAX) is worth at least $3B.....

Sector VP Tom Vice met with Citi, Wells, and Goldman last week.

Anyone with information please reply or PM me. Thanks.

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