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On 29 April 2014, Orbital Sciences announced that it had entered into a definitive agreement with Alliant Techsystems to combine Orbital and ATK's Aerospace and Defense (A&D) Groups to create a US$4.5 billion (combined calendar year 2013 annual revenue), 13000-person company. The new company was called Orbital ATK, Inc. [3]
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.
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 ...
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.
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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.
bought by General Dynamics: Surrey Satellite Technology Ltd: United Kingdom now part of Airbus Defence & Space: Swales Aerospace: United States bought by Alliant Techsystems, now Orbital ATK: TRANSPACE Technologies [16] India On-Board Satellite Systems Fabrication, Testing and Reliability Analysis TRW: United States nearly 200 [17]