Home / M&A Activity / European Commission OKs Northrop’s Orbital ATK Purchase

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.

Check Also

DLA Orders $217M in Boeing F/A-18 Spare Parts

The Defense Logistics Agency has awarded Boeing (NYSE: BA) a potential $217M delivery order to supply aircraft spare …

Kevin Wideman Named Koniag Government Services Head

Kevin Wideman, a three-decade government contracting veteran, has been named CEO of Chantilly, Va.-based Koniag Government …