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Tag Archives: Orbital ATK

Orbital ATK Lands $79M IDIQ to Help Maintain, Operate Navy Drone Missile Targets

Orbital ATK (NYSE: OA) has secured a potential five-year, $79.4 million contract from the U.S. Navy to manage ground launch drone missile targets for test and evaluation. The company will provide GQM-163A development test, operation and maintenance services to the Naval Air Warfare Center’s Weapons Division through the indefinite-delivery/indefinite-quantity contract, the Defense Department said Wednesday. DoD added that work …

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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, …

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Boeing-Led Team Lands $6.6B MDA Contract Modification for Missile Defense System Devt, Sustainment Services

A Boeing-led (NYSE: BA) team has received a six-year, $6.56 billion contract modification from the Missile Defense Agency to continue the production and sustainment of the Ground-based Midcourse Defense ballistic missile defense system. The modification covers the delivery of a new missile field with 20 additional silos; two additional silos in an …

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Greg Jones to Join Aerojet Rocketdyne as Strategy & Business Devt SVP

Greg Jones, former vice president of corporate business development and international programs at Orbital ATK (NYSE: OA), has been named senior VP of strategy and business development at Aerojet Rocketdyne (NYSE: AJRD) in a move that takes effect Feb. 5. Aerojet Rocketdyne said Monday Jones will oversee strategic planning, customer alignment growth initiatives as well as …

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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 to Mature Extended-Range Anti-Radiation Missile for Navy Aircraft

TYSONS CORNER, VA, Jan. 26, 2018 — Orbital ATK (NYSE: OA) will work to mature an extended-range configuration of a U.S. Navy airborne tactical missile system under a contract that seeks to advance the platform to the engineering and manufacturing development phase, ExecutiveBiz reported Thursday. The company said Wednesday it will develop …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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Orbital ATK-DARPA Project Eyes Combined Engine Cycle Tech for Aircraft Propulsion

TYSONS CORNER, VA, Jan. 24, 2018 — Orbital ATK (NYSE: OA) will collaborate with the Defense Advanced Research Projects Agency to study the potential of combined engine cycle technology for aircraft propulsion systems, ExecutiveBiz reported Tuesday. The company said Tuesday the project seeks to explore the integration of turbine and hypersonic engines …

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Orbital ATK Supplies Composite Structures, Components for Delta IV Rocket

TYSONS CORNER, VA, Jan. 17, 2018 — Orbital ATK (NYSE: OA) has provided spacecraft components for United Launch Alliance‘s Delta IV rocket that recently launched a National Reconnaissance Office payload to space, ExecutiveBiz reported Tuesday. Company-supplied components include two graphite epoxy motors, which it will also supply for the Atlas V …

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Orbital ATK-Built Multimission Satellite Preps for Launch

TYSONS CORNER, VA, Jan. 12, 2018 — The Orbital ATK-built (NYSE: OA) GovSat-1 multimission satellite has been shipped to Cape Canaveral Air Force Station in preparation for its launch aboard a SpaceX Falcon 9 rocket at the end of the month, ExecutiveBiz reported Thursday. GovSat said Thursday the satellite will work to support a …

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