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Tag Archives: Orbital ATK

August 5 Market Close: GovCon Index Climbs, US Stocks Neutral on Oil Losses & Tech Earnings Reports

The GovCon Index showed strong movement after three days of flat activity to record a gain of 0.672 points and close at 76.807. Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates. U.S. stocks traded in …

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Aug. 3 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index recorded a one-day gain of 0.240 points to close at 76.270 Friday,  up 1.85 percent from its July 24 closing figure of 74.888. The Dow Jones Industrial Average declined 55.52 points to 17, 690.46, the S&P 500 composite index lost 4.71 points to 2, 103.92 and the NASDAQ composite index closed …

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July 31 Market Close: GovCon Index Closes Up, US Stocks Trade Down on Energy Earnings News

The GovCon Index rebounded from losses in Thursday’s trading session to record a gain of 0.240 points and close at 76.270 Friday. For the week, the Index rose 1.85 percent from its July 24 closing figure of 74.888. A loss of 2.5 percent in the S&P 500 composite index’s energy sector weighed …

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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million …

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space …

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Orbital ATK Extends Airbus Parts Contract to Include A350-1000 Variant

TYSONS CORNER, VA July 24, 2015 — Airbus has chosen to extend Orbital ATK’s (NYSE: OA) contract as the maker of composite frames and stringers for the Airbus A350 program, ExecutiveBiz reported Thursday. The new work includes components for the 1000 variant of the aircraft and opens up jobs at …

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Orbital ATK to Enter Full Rate Production on Abrams Tank Ammo

TYSONS CORNER, VA July 21, 2015 — ExecutiveBiz reported Monday on Orbital ATK (NYSE: OA) announcing that full rate production will begin on the fifth-generation M829E4 120mm advanced kinetic energy cartridge for use on the U.S. Army’s Abrams main battle tank. Work to develop and quantify the kinetic energy cartridge falls …

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Orbital ATK Lands Cape Launch Work for Air Force SensorSat

TYSONS CORNER, VA July 15, 2015 — Orbital ATK (NYSE: OA) will launch the ORS-5 SensorSat spacecraft aboard a Minotaur IV rocket in 2017 under a $23.6 million contract from the U.S. Air Force, ExecutiveBiz reported Tuesday. Rich Straka, vice president and general manager of Orbital ATK’s launch vehicles division, …

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Orbital ATK Selected for Tibbetts Small Business Research Award by SBA

The U.S. Small Business Administration (SBA) has selected Orbital ATK to receive the Tibbetts Small Business Research Award. The award recognizes Orbital ATK’s work on the Advanced Anti-Radiation Guided Missile (AARGM), a supersonic, air-launched tactical missile system, upgrading legacy AGM-88 HARM systems with advanced sensors and algorithms. Mike Kahn, president of …

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Orbital ATK Concludes Safety, Reliability Tests for Precision Guidance Kit

TYSONS CORNER, VA July 1, 2015 — ExecutiveBiz reported Tuesday on Orbital ATK’s (NYSE: OA) precision guidance system for 155mm artillery projectiles reaching safety and reliability benchmarks during its first production lot acceptance test, recording less than 10 meters median accuracy. Mike Kahn, president of Orbital ATK Defense Systems Group and …

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