Search Results for: Orbital ATK

Orbital ATK Opens West Virginia-Based Tactical Rocket Motor Production Facilities

TYSONS CORNER, VA, Sept. 2, 2016 — Orbital ATK (NYSE: OA) has opened multiple facilities in Rocket Center, West Virginia, to produce advanced tactical propulsion systems, ExecutiveBiz reported Thursday. The company said Wednesday the facilities, located at the Allegany Ballistics Laboratory, are built to help address a demand for insensitive munitions rocket motors in the defense …

Read More »

Lockheed-Boeing JV Rocket Carries Orbital ATK-Built Satellites to Space

TYSONS CORNER, VA, Aug. 22, 2016 — A joint venture of Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) collaborated with the U.S. Air Force to launch the latest Geosynchronous Space Situational Awareness Program satellites built by Orbital ATK (NYSE: OA), ExecutiveBiz reported Friday. The Air Force said Friday the launch aboard United …

Read More »

Orbital ATK, NASA Analyze Data From 2nd SLS Booster Qualification Test

TYSONS CORNER, VA, Aug. 16, 2016 — Orbital ATK (NYSE: OA) continues to work with NASA to analyze data from a second qualification test on the company-built booster engine for the Space Launch System, ExecutiveBiz reported Monday. The space agency said Friday initial test results indicate that the booster functioned according to objectives at 40 degrees Fahrenheit, …

Read More »

Orbital ATK Targets September for Return to Flight of Antares Rocket

TYSONS CORNER, VA, Aug. 15, 2016 —  Orbital ATK (NYSE: OA) has set a goal of launching its Antares flight vehicle in the second half of September after the rocket completed a stage test in May, ExecutiveBiz reported Friday. The company is working with NASA to set the return-to-flight date for Antares along with the OA-5 cargo resupply mission to …

Read More »

August 11 Market Close: GovCon Index Swings Positive on Orbital ATK Rebound & Lockheed Rise

Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the …

Read More »

August 10 Market Close: GovCon Index Falls on Orbital ATK Plunge After Accounting Disclosure

Executive Mosaic’s GovCon Index recorded its worst session in four weeks Wednesday despite gainers as the clear majority after Orbital ATK (NYSE: OA) announced it would restate all financial results dated back to April 2014. Shares in Orbital ATK plummeted 20.25 percent — or $17.987 — at the stock’s biggest one-day loss in nearly a year after the space systems …

Read More »

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 …

Read More »

Orbital ATK Delivers 2 Iridium NEXT Satellites to Vandenberg AFB; Matt Desch Comments

TYSONS CORNER, VA, Aug. 8, 2016 — Orbital ATK (NYSE: OA) has delivered the first two Iridium (Nasdaq: IRDM) NEXT satellites to Vandenberg Air Force Base in preparation for the scheduled satellite launch on Sept. 19, ExecutiveBiz reported Thursday. Spaceflight Now reported Wednesday Orbital ATK transported the Iridium NEXT satellites from its satellite manufacturing …

Read More »

NRO, CIA Vet Bob Brodowski Joins Orbital ATK Space Systems as Advanced Tech Dev’t Director

Bob Brodowski, formerly director of the National Reconnaissance Office‘s advanced systems and technology directorate, has joined Orbital ATK‘s (NYSE: OA) space systems group as director for advanced technology development. Orbital ATK said Friday Brodowski has more than 30 years of experience in programs that align with the company’s research and development efforts. “Bob’s program …

Read More »

Orbital ATK Secures $69M Precision Guidance Kits Contract Option; Dan Olson Comments

Orbital ATK (NYSE: OA) has been awarded a $69 million contract to produce artillery precision guidance kits for the U.S. military. Orbital ATK is scheduled to complete production work for PGK fuzes by 2019 under a second option of a previously awarded full-rate production contract, the company said Thursday. The projectiles …

Read More »