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Tag Archives: Orbital ATK

Kathryn Hambleton: NASA to Award ISS Cargo Resupply Service Contracts Jan. 30

NASA has rescheduled the awarding of a new series of contracts to transport supplies to and from the International Space Station, Reuters reported Thursday. The agency was previously scheduled to name winners for its Commercial Resupply Services 2 competition Thursday and now expects to hand down a decision Jan. 30, 2016, according …

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Orbital ATK Receives $790M Air Force Ballistic Missile Sustainment Contract

Orbital ATK (NYSE: OA) has won a $790.3 million contract to sustain the U.S. Air Force’s intercontinental ballistic missile propulsion subsystem. The company will perform engineering and program management services in order to retain the system-level performance of the ICBM propulsion subsystem following modifications, the Defense Department said Thursday. Orbital …

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David Thompson: Orbital ATK’s $150M Buyback Plan Gets Board Approval

Orbital ATK‘s (NYSE: OA) board of directors has approved a plan to buy back an additional $150 million of the company’s common stock through the end of 2016. The company said Monday it may repurchase shares in the open market depending on factors such as market condition and that transactions …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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Orbital ATK Lands $426M Navy Fuze Testing Contract; Pat Nolan Comments

Orbital ATK (NYSE: OA) has been awarded a $426 million contract to start production and testing work on fuzes and fuze accessories for the U.S. Navy. Orbital ATK will work with its Plymouth, Minnesota-based design team to produce the fuzes at the company’s Allegany ballistics laboratory facility in Rocket Center, West Virginia, Orbital ATK …

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October 27 Market Close: GovCon Index Closes Down, Stocks Decline on Goods Data

The GovCon Index failed to recover from morning session losses Tuesday and closed with a nominal decline of 0.052 points to 75.304. Textron (NYSE: TXT) led all Index gainers at 4.15 percent to $40.43 after the conglomerate reported a 9-percent profit increase in its third quarter and earnings that exceeded Wall Street analyst forecasts despite …

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Orbital ATK 3Q Earnings, Revenue Top Wall Street Forecasts; Company Raises 2015 Outlook

Orbital ATK (NYSE: OA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.35 per share, 25 cents above Wall Street analyst forecasts. The Dulles, Va.-based space systems and ammunition maker also posted $1.135 billion in revenue for the quarter on strong …

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October 26 Market Close: GovCon Index, US Stocks Mixed on Apple & Energy Declines

The GovCon Index closed at a nominal gain of 0.058 points to 75.356 after a strong close to the previous week as declines in energy shares and Apple weighed on U.S. markets. The Index is up 7.8 percent for the month of October so far after a choppy September and third-quarter decline of 3.8 percent. …

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October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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October 20 Market Close: GovCon Index Neutral as Lockheed, UTC Kick Off 3Q Defense Earnings Season

The GovCon Index continued to reflect a narrow range of trading activity across U.S. stock markets Tuesday with a nominal decline of 0.052 points to 73.241 as Lockheed Martin (NYSE: LMT) and United Technologies Corp. started the first full week of third quarter earnings season for many Index and other defense-GovCon companies. …

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