Amid a growing war of words between Northrop Grumman and TRW, the Pentagon is still in the process of determining the scale and scope of its review of Northrop's proposal to acquire TRW, a Defense Department spokesman told InsideDefense.com today. TRW's board of directors yesterday once again repeated its opposition to Northrop Grumman's bid to acquire TRW, recommending that the company's shareholders reject the offer. In a March 25 statement, TRW reiterated its position that Northrop's offer of $47 per...
