SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
CANBERRA, Australia, March 30, 2016 -- Northrop Grumman M5 Network Security, an Australian subsidiary of Northrop Grumman Corporation (NYSE:NOC), has announced an agreement with HTC Corporation, a global innovator in smart mobile devices and technology.
With corporate, critical infrastructure and government organisations concerned about the increasingly hostile cybersecurity environment, the collaboration between Northrop Grumman and HTC will bring together market-leading capabilities to set a new standard of data security for mobile devices. The collaboration will enable the continued development of next-generation secure devices, enabling users to access highly sensitive data through intuitive applications on smartphones.
"We are extremely pleased to announce this collaboration with HTC," said Ian Irving, chief executive, Northrop Grumman Australia. "Northrop Grumman Australia has become a global centre of excellence for secure mobile communications across our company. Our proven Secure Communications System earned the prestigious 2015 Eureka Prize for Outstanding Science for Safeguarding Australia. Combining high performance HTC commercial technology with our globally accessible security platform, developed from the Secure Communications System, will build on this success. Together we are a formidable team capable of developing world-leading security solutions to meet current and future requirements of industry and government."
Northrop Grumman M5 Network Security is developing a range of high assurance solutions for Android-based platforms as part of its next-generation secure communications mobile program. In addition to addressing the commercial market, the program includes solutions designed to meet or exceed the highest U.S. government accreditation and certification standards.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernisation to government and commercial customers worldwide. Please visit www.northropgrumman.com/Australia for more information.
CONTACT: Andrew McLaughlin (Australia)
+61 475 969 961 (mobile)
[email protected]
