Following its divestiture from Northrop Grumman, BluVector will be able to target a larger market and take on riskier research and development efforts, according to its chief. Earlier this week, private-equity firm LLR Partners said it had acquired BluVector from Northrop for an undisclosed sum. Kris Lovejoy, who headed the business unit at Northrop, was tapped to lead BluVector under LLR's ownership. BluVector's technology was developed initially as part of a Northrop program before being moved into a...
