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Orbital Sciences Closes Merger with ATK’s Aerospace, Defense Groups

Orbital Sciences (NYSE: ORB) has completed its merger with the aerospace and defense groups of ATK (NYSE: ATK) to create a new company that will operate as Orbital ATK. Orbital ATK will start “regular-way” trading on the New York Stock Exchange Tuesday under the ticker symbol “OA, ” Orbital and ATK said Tuesday. …

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Orbital Sciences to Support NASA Ionosphere Monitoring Spacecraft Launch

Orbital Sciences Corp. (NYSE: ORB) has won a $56.3 million task order to help NASA launch a satellite intended to study the boundary region between Earth’s upper atmosphere and space. The company will process the Ionospheric Connection Explorer satellite as well as integrate payloads and install telemetry, data and tracking …

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Orbital Sciences to Operate NASA Balloon Program Facilities

Orbital Sciences Corp. (NYSE: ORB) has won a potential $186.3 million contract to operate NASA‘s balloon program. Orbital Sciences will perform the work at the Goddard Space Flight Center and three other facilities in Virginia,  New Mexico and Texas, NASA said Thursday. The task is schedule to take place between Feb. 1, 2015, and Sept. 30, 2016, under a basic core contract …

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Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that …

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Orbital Sciences to Build Navy Target Base Vehicles

Orbital Sciences Corp. has won a $29, 862, 025 contract to produce eight base vehicles for the U.S. Navy and two international governments to fulfill foreign military sales agreements. The Navy will acquire five GQM-163A Coyote Supersonic Sea Skimming Target base vehicles, Australia will buy two vehicles and Japan will …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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Orbital ATK Vet Scott Webster Joins Ensco Board; Greg Young Comments

Scott Webster, a director at Orbital ATK (NYSE: OA) and QinetiQ North America, has been appointed to Ensco‘s board of directors. Ensco said Monday that Webster is an aerospace and defense sector veteran who established Orbital Sciences — a space and rocket systems manufacturer that merged with the former ATK aerospace and defense …

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Orbital ATK to Restate Financials & Delay 2Q Filing on Accounting Review

Orbital ATK (NYSE: OA) said Wednesday it plans to restate almost two years of financial results on accounting issues and will delay the filing of its quarterly report for the most recent quarter as the company carries out an accounting review in its defense segment. The Dulles, Virginia-based space systems and ammunition maker said …

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Orbital ATK 1Q Earnings Meet Street Outlook, Miss on Revenue; Huntington Ingalls 1Q & Maximus 2Q Results Top Analyst Estimates

Three companies listed in Executive Mosaic’s GovCon Index reported quarterly financial results before U.S. financial markets opened Thursday with one in-line against analyst expectations for earnings per share and below on revenue and the other two contractors above Wall Street’s outlook for both figures. Dulles, Virginia-based space vehicle manufacturer Orbital ATK (NYSE: …

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