By Emelie Rutherford More large defense firms may emulate Northrop Grumman [NOC] and sell off advisory-services units because of amplified concerns in Washington about organizational conflicts of interest, industry observers said. When President Barack Obama signed the Weapon Systems Acquisition Reform Act of 2009 in May, defense executives said they were anxious to see how the Pentagon would revise federal acquisition regulations, as the law directs, to tighten requirements for organizational conflicts of interest (OCI) by contractors in major defense…
New Law May Spur Firms Beyond Northrop Grumman To Divest Units
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