Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

European Commission OKs Northrop’s Orbital ATK Purchase

The European Commission has approved a deal for Northrop Grumman (NYSE: NOC) to acquire Orbital ATK (NYSE: OA) for approximately $9.2 billion.

Northrop said Monday it continues to support the Federal Trade Commission in its effort to evaluate the transaction.

The European Commission’s decision came nearly a month after Kathy Warden, Northrop president and chief operating officer and a 2018 Wash100 recipient, announced plans to establish a new innovation systems business once the Falls Church, Virginia-based defense contractor completes the acquisition.

Northrop received from FTC a second request for additional data on the pending merger in December.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles