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defence sector hit shares hard at the opening bell. "With this quarter's addition of Innovation Systems to our portfolio, along with robust internal investment, we continue to strengthen our foundation for long-term profitable growth. Northrup Grumman shares fell 4.9% in early New York trading to change hand at $301.65 each, a move that takes the stock into negative territory for the year values the Falls Church, Va.-based group at just under $51 billion.
Examining Orbital ATK Inc’s (NYSE:OA) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceed expectations,Read More...
Shares of major U.S. defense contractors declined on Jun 12 following a conflict-free settlement of the denuclearization deal.
Moody's Investors Service ("Moody's") has confirmed the Ba3 senior unsecured note ratings of Orbital ATK, Inc. ("OA" or the "company") following the acquisition of the company by Northrop Grumman. While competition has risen within some of OA's markets, higher US defense spending and greater strategic focus on space programs combined with OA's innovation and productivity should position the company to be a solid contributor of cash flow to Northrop Grumman. OA has been renamed as Northrop Grumman Innovation Systems.
Northrop Grumman (NOC) sees an opportunity to enhance its product portfolio and capability in manufacturing advanced combat platforms with Orbital ATK's acquisition.
NEW YORK , June 6, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Ollie's Bargain Outlet Holdings Inc. (NASD: OLLI) will replace Orbital ATK Inc. (NYSE: OA) in the S&P MidCap 400, and Berkshire Hills ...
The FTC clearance remains subject to condition that Northrop Grumman (NOC) shall supply the solid rocket motors to competitors for missile contracts.
U.S. defense contractor Northrop Grumman (NOC.N) won U.S. antitrust approval to buy solid rocket motor supplier Orbital ATK Inc (OA.N) with conditions, the Federal Trade Commission said on Tuesday. The $7.8 billion deal was approved on condition that Northrop supply the solid rocket motors to competitors for missile contracts and to separate the two companies' operations with a firewall, the FTC said in a statement. Northrop said in a statement it expects the transaction will be completed after market close on Wednesday.
An end to U.S.-North Korea tensions means less procurement of weaponries by the U.S. government, which in turn, will affect U.S. defense contractors' profit.
Orbital ATK (OA) continues to win supply orders, courtesy of its track record of delivering science and environmental satellites to customers.
Orbital ATK (OA), a global leader in aerospace and defense technologies, today announced that NASA has exercised options for two additional Joint Polar Satellite System (JPSS) spacecraft to be built by the company. Orbital ATK is currently producing the JPSS-2 spacecraft, which is scheduled to be launched in 2021. All three satellites are to be operated by the National Oceanic and Atmospheric Administration (NOAA) to provide critical weather forecasting data and to advance environmental and oceanographic science.
Orbital ATK (OA), a global leader in aerospace and defense technologies, today announced that the “S.S. J.R. Thompson” CygnusTM spacecraft successfully completed its rendezvous and berthing maneuvers with the International Space Station earlier this morning. Cygnus launched into orbit aboard an Orbital ATK Antares™ rocket at NASA’s Wallops Flight Facility on May 21. The spacecraft then executed a series of thruster burns over the next couple of days to raise its orbit and reach the space station.
SpaceX is set to launch Tuesday afternoon from California in its latest mission for NASA and satellite communications company Iridium.
Orbital ATK , a global leader in aerospace and defense technologies, congratulates GySgt. Jonathon E. Thornton of the Marine Wing Support Squadron 372 for receiving the Marine Corps Aviation Association’s Jack W.
One of NASA's prime shippers, Orbital ATK, launched a fresh load of supplies to the International Space Station from Virginia on Monday. NASA's Orbital ATK team members celebrated the launch from Houston. (May 21)