Home / Press Releases / Northrop Reports Synergies Amid Continued Integration of Acquired Orbital ATK Business

Northrop Reports Synergies Amid Continued Integration of Acquired Orbital ATK Business

TYSONS CORNER, VA, February 5, 2019 — Northrop Grumman (NYSE: NOC) has pointed to progress in cost, operational and revenue synergy goals as it continues to integrate the Orbital ATK business it acquired in 2018, ExecutiveBiz reported Monday.

SpaceNews reported Thursday that Northrop CEO Kathy Warden told analysts in an earnings call the business, which has since operated as Northrop Grumman Innovation Systems, had $3.28B in sales and a $343M operating income in 2018.

Warden, a 2019 Wash100 awardee, said in the call that synergies in cost and operations are “on target” while revenue synergies are “trending favorably.”

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Check Also

The Boy Scouts of America to Honor Mac Curtis, President and CEO of Perspecta, During the Annual Good Scout Technology Award Luncheon in May

Mac Curtis, president and chief executive officer of Perspecta, will be honored during the Boy …

ECS Unveils Cybersecurity Innovation & Tech Ops Center in Virginia; George Wilson Quoted

TYSONS CORNER, VA, April 17, 2019 — ECS opened a new facility earlier this month …