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Tag Archives: Orbital ATK

Orbital ATK, Aerojet to Test Lockheed-Built Rocket’s Propulsion System

TYSONS CORNER, VA, March 8, 2016 — Orbital ATK (NYSE: OA) and Aerojet Rocketdyne have received separate contracts from the U.S. Army to test propulsion systems for the Lockheed Martin-built (NYSE: LMT) Guided Multiple-Launch Rocket System, ExecutiveBiz reported Monday. The Defense Department said Friday the Army awarded a $17.8 million contract to …

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USAF Unveils Northrop’s 7 Teammates on B-21 Bomber Aircraft Development Program

The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the Pentagon …

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March 2 Market Close: GovCon Index Marginally Up on February Payroll Report, Rate Hike Odds Rise

The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy. The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics …

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Orbital ATK Records 16% Profit Bump for 2015 as Full-Year, 4Q EPS Exceed Street Outlook

Orbital ATK (NYSE: OA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a profit increase of 16.28 percent for the full 2015 calendar year compared to 2014 and a 15.33-percent hike for the fourth quarter. Full-year profit was stated as $289.9 million, or $5.02 per share, for 2015 …

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Aerojet Rocketdyne, ULA Join Air Force’s EELV Propulsion Tech Development Program

Aerojet Rocketdyne and United Launch Alliance have won separate “other transaction” agreements worth a combined $161.9 million to build rocket engine prototypes under the U.S. Air Force‘s Evolved Expendable Launch Vehicle initiative. The Air Force said Monday the $115.3 million OTA with Aerojet Rocketdyne centers on the development of the company’s liquid oxygen/kerosene-based propulsion system AR1. Aerojet …

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Visiongain Names Key Players in Projected $22B Military Smart Weapons Market

TYSONS CORNER, VA, February 25, 2016 — A report by Visiongain indicates that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA) and Raytheon (NYSE: RTN) are some of the key players in the global military smart weapons market, ExecutiveBiz reported Wednesday. Visiongain said Monday the market will be worth $22.32 …

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NASA Books SpaceX for 5 More ISS Cargo Resupply Flights; Cheryl Warner Comments

SpaceX has been awarded five additional flights by NASA to transport cargo to and from the International Space Station under a contract signed in December 2015, Space News reported Wednesday. Peter B. de Selding writes the flights are valued at approximately $700 million total and raises to 20 the number of …

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February 24 Market Close: GovCon Index Cuts AM Decline, Falls Short of Positive Close as US Stocks Gain

The GovCon Index climbed back from a more than 1-percent fall in morning trade Tuesday but fell short of a full turnaround in the final hour, down 0.059 points to 71.756 in activity that mirrored U.S. stocks’ reversals as oil prices held positive. Crude oil futures in New York settled up 28 cents to …

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February 23 Market Close: GovCon Index Falls, Oil Decline & Consumer Index Miss Weigh on US Stocks

The GovCon Index failed to carry over momentum from Monday’s sharp gain and posted a decline of 0.417 points to 71.815 Tuesday as U.S. stocks also suffered losses driven by another decline in oil prices and a new Consumer Confidence Index reading that fell below economists’ expectations. Intelsat (NYSE: I) posted a second …

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Boeing-Lockheed JV’s Rocket Launches NRO National Security Payload

TYSONS CORNER, VA, February 12, 2016 — A rocket built by the joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) carried a national security payload to space as part of the NROL-45 mission, ExecutiveBiz reported Thursday. United Launch Alliance said Wednesday an Aerojet Rocketdyne (NYSE: AJRD) RS-68A engine and Orbital ATK (NYSE: …

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