News
LOS ANGELES, Oct. 3, 2008 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed the acquisition of 3001 International, Inc.
3001 International provides geospatial data production and analysis, including airborne imaging, surveying, mapping and geographic information systems for domestic and international government intelligence, defense and civilian customers. 3001 is now part of Northrop Grumman's Information Technology sector. Financial terms of the transaction were not disclosed.
Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
CONTACT: Dan McClain (Media)
Northrop Grumman Corporation
(310) 201-3335
dan.mcclain@ngc.com
Gaston Kent (Investors)
Northrop Grumman Corporation
(310) 201-3423
gaston.kent@ngc.com
Expands Role in Geospatial Business
LOS ANGELES and FAIRFAX, VA – Sep.10, 2008 – Northrop Grumman Corporation (NYSE: NOC) and 3001 International, Inc. announced today that they have signed a definitive merger agreement under which Northrop Grumman will acquire 3001. Financial terms of the agreement are not disclosed.
The transaction is expected to close in the fourth quarter of 2008. Following the close of the transaction, 3001 will be part of Northrop Grumman’s Information Technology (IT) sector. Completion of the transaction is subject to customary conditions and approval.
"The addition of 3001 will significantly complement our current core geospatial business," said Linda A. Mills, corporate vice president and president of Northrop Grumman IT. "Its strong geospatial data collection, processing and production capabilities help us further address the critical needs and priorities across civilian, defense, intelligence, homeland security, energy and environmental business areas, from both domestic and international perspectives."
3001, owned by its management and CM Equity Partners, provides geospatial data production and analysis, including airborne imaging, surveying, mapping and geographic information systems for domestic and international government intelligence, defense and civilian customers. Among 3001’s federal customers are the National Geospatial Intelligence Agency, U.S. Army Corps of Engineers, U.S. Navy Facilities Command, and the U.S. Department of Agriculture. 3001 also has numerous contracts supporting state and local governments.
CM Equity Partners is a private equity investment firm, which makes investments in private middle-market companies that operate primarily in the federal services sector
Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
Note: Certain statements and assumptions in this release contain or are based on "forward-looking" information that Northrop Grumman Corporation (the "Company") believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, and include, among others, statements in the future tense and all statements accompanied by terms such as "expect" and "guidance" or variations thereof. This information reflects the Company’s best estimates when made, but the Company expressly disclaims any duty to update this information if new data become available or estimates change after the date of this release.
For a statement of the risk factors and uncertainties that may affect future performance, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, Forms 10-K and 10-Q.
Contact: For Northrop Grumman:
Dan McClain (Media)
(310) 201-3335
dan.mcclain@ngc.com
Gaston Kent (Investors)
(310) 201-3423
gaston.kent@ngc.com
For 3001 International, Inc.:
Bart Bailey
(703) 574-2623
bbailey@3001inc.com
3001, the geospatial company® gathers a team of aerial data collection companies to collect aerial imagery over the U.S./Canada and Mexico borders.
August 12, 2008 - Fairfax, VA - 3001, Inc. today announced an award by the National Geospatial-Intelligence Agency (NGA) to support the Department of Homeland Security (DHS) office of Customs and Border Protection (CPB) for the collection of aerial data over the U.S./Canada and Mexico borders. For the vast expanse of this project, 3001 as prime contractor has assembled a large team of aerial data collection companies. The 3001 Team will use their combined fleet of fifteen airborne sensors, including the Leica Airborne Digital Sensor and the Zeiss/Intergraph Digital Mapping Camera (DMC) for digital aerial data collection.
“We are pleased to be working with the best geospatial firms in the industry,” offered Bart Bailey, 3001 CEO. “Not only is this the largest aerial data collection team in the history of the geospatial industry, many of these firms are our long-time partners and leaders in their particular field. Our combined resources and experience will enable us to provide high quality data in an efficient and timely manner to NGA.”
3001 will supplement their large fleet of aircraft, sensors, and processing capacity with support from teammates, BAE Systems, Bohannan-Huston Inc., Continental Mapping Consultants (CMC), Fugro-Earthdata, MJ Harden, A GeoEye Company, Intergraph Services Corporation (ISC), Photo Science, and Woolpert, Inc. “We are very proud NGA selected 3001 and our team for this project,” said Andy Dougherty, Vice President of Business Development for 3001.
3001 has experience bringing strong teams of geospatial firms together for large state and federal contracts. In addition to this new contract, 3001 is also one of six prime contractors providing geospatial services for the NGA’s Global Geospatial Intelligence (GGI) program. They are also a prime contractor to the U.S. Navy, Naval Facilities Engineering Command Atlantic Area (NAVFAC) and are currently under contract to six U. S. Army Corps of Engineers districts.
Team competency and experience collecting and analyzing hyperspectral data, hydrographic, and topographic lidar data aids contract win.
July 17, 2008 – Fairfax, VA – 3001, the geospatial company®, today announced an award of an indefinite delivery contract (IDC) for surveying and mapping services by the U.S. Corps of Engineers (USACE) Mobile District, which supports the Joint Airborne Lidar Bathymetry Technical Center of Expertise (JALBTCX) National Coastal Mapping Program and other programs assigned to the Mobile District and South Atlantic Division. The IDC has a maximum value of $7.5 million dollars ($7.5M) over a three-year period.
3001 has built a comprehensive and talented geospatial support team to provide the depth required to complete this contract. Team 3001, which includes Blom Aerofilms, ITRES Research and others, was selected based on their knowledge and experience collecting and processing airborne hydrographic and topographic lidar, hyperspectral data collection and analysis, and GPS using the USACE Spatial Data Standards for Facilities, Infrastructure and Environment (SDFIE). The project area covers the U.S. coastline and its territories, including high-resolution data capture and processing at federal project sites. The processed data will be used to provide seamless digital terrain models (DTMs) from onshore and offshore data.
June 20, 2008 -- Fairfax, VA – Mike Nettles, Sally Riker, Joe Gawlik, and Denise Sanchez, representing the 3001 Team were Third Flight winners in the annual USACE Mobile Post of SAME Scores for Scholars. The funds raised at the tournament go towards education scholarships that enable young students to attend engineering schools. This year’s event was held at Magnolia Grove in Mobile, Alabama.
3001, as a corporation, is committed to supporting its employees and their communities in times of need, setting an industry example for service. In the three months following the 2005 hurricanes, 3001 raised and disbursed $100,000 to aid its 90 impacted employees and their families, including 33 who were left homeless. They also provide several charity sponsorships each year, including golf tournaments, industry scholarship funds, and summer camp sponsorships throughout the south.
About 3001
Rapid Response by 3001 Helps Assess Flood Damage in Two States
3001 tasked by the U.S. Army Corps of Engineers Little Rock District to capture aerial imagery of flooded rivers during recent record-setting rainstorms.
May 1, 2007 – Fairfax, VA – 3001, the geospatial company ®, today announced the successful completion and delivery of digital aerial imagery to the U.S. Corps of Engineers (USACE) Little Rock District to aid in their emergency response after record-setting rainstorms flooded the banks of two large rivers in sections of Arkansas and Missouri.
On Friday, March 21st, the USACE Little Rock District signed an emergency task order for 3001 to collect aerial photography for the areas of the White River in Arkansas and the Black River, in southeastern Missouri. 3001’s rapid response team mobilized from its working location in southern Louisiana to the junction of the White River and Black River near Newport, Arkansas within twelve hours of notification. On Saturday, March 22nd, they flew forty-one linear flight lines in less than seven hours, covering a 733-mile area and collected almost 100% cloud-free photography.
Using two Z/I Digital Mapping Cameras (DMC), 3001 collected 1,694 frames of imagery to produce 1-foot pixel RGB orthorectified orthophotography and delivered it swiftly to the Corps for their evaluation. Turn around time, from acquisition of the imagery to delivery of raw images made available to the Corps via an FTP site, was five days. One week later, completion of orthorectified data was delivered to the Corps. Dan Burke, Airborne Sensor Operations Manager of 3001 Airborne Solutions remarked, “We have a great team. Communication between ground and flight crews meant both DMC ships could capture the maximum amount of data in the shortest time frame possible allowing us to successfully complete this [acquisition] project in one day.” The Corps supplied the data to the Arkansas Geographic Information Office and it is available for viewing at Geostor ftp://ftp.geostor.arkansas.gov/AR_FLOODS/POST_EVENT_IMAGERY/
3001 is dedicated to supporting the State and Federal Government in disaster preparedness and response. During natural disasters such as Hurricanes Katrina and Rita, state and local government officials required detailed aerial imagery, accurate surveys, and detailed maps to help support disaster recovery efforts. 3001 was contracted to provide services and deliverables including digital imagery, LiDAR, Digital Elevation Models (DEMs), geodetic controls, and topographic surveys.
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