Author: Jane Edwards|| Date Published: December 7, 2017
The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA).
Northrop said Wednesday it received the request as FTC reviews the transaction as part of the regulatory process.
The request for additional information came a week after Orbital ATK shareholders voted to approve the merger.
Northrop will pay $7.8 billion in cash and assume $1.4 billion in net debt from Orbital ATK under the deal originally announced in September.
Northrop said it expects to close the transaction in the first half of 2018.
The U.S. Space Force plans to modify its Andromeda indefinite-delivery/indefinite-quantity contract to raise the total ceiling to $6.24 billion. Lockheed Martin,…
CACI International has appointed Christopher Monoski as executive vice president of manufacturing. Monoski will report to President and CEO John Mengucci and join…
The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA).
