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In 2014, Orbital merged with Alliant Techsystems (ATK) to create a new company called Orbital ATK, which in turn was purchased by Northrop Grumman in 2018. Orbital was headquartered in Dulles, Virginia and publicly traded on the New York Stock Exchange with the ticker symbol ORB .
The spinoff was immediately followed by an all-stock merger of ATK's Aerospace and Defense Groups with Orbital Sciences; Orbital shareholders received ATK common stock as consideration. The combined company was named Orbital ATK Inc. [7] On October 28, 2014, ATK announced that it would be seeking approval of issuance of shares to Orbital ...
The company became a subsidiary of Orbital Sciences Corporation (OSC) from the United States on 17 November 1995. [3] MDA was primary contractor for, and took ownership of, the RADARSAT-2 Earth observation satellite. [4] MDA bought the space robotics division of Spar Aerospace—manufacturer of the Canadarm—in March 1999, renaming it MD Robotics.
Margins matter. The more Orbital Sciences (NYS: ORB) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, rocket and space system manufacturer Orbital Sciences (NYS ...
A merger of Orbital Sciences Corporation and the defense and aerospace divisions of Alliant Techsystems (ATK) was announced on April 29, 2014. The two companies had collaborated on several previous projects, including the use of 400 ATK rocket motors in Orbital's launch vehicles. [3] The deal officially closed on February 9, 2015.
There's no foolproof way to know the future for Orbital Sciences (NYS: ORB) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your ...
The company is a Fortune 100 company, and was ranked No. 94 in 2022. [ 3 ] Formed in February 21, 1952 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair , [ 4 ] the corporation today consists of ten subsidiary companies with operations in 45 countries.