News Northrop Grumman acquires Orbital ATK

[IronRain]

Northrop Grumman has announced that the U.S. Federal Trade Commission (FTC) has cleared its proposed acquisition of Orbital ATK. The FTC’s Bureau of Competition has completed its review of the merger, and the Premerger Notification Office has informed the company that the waiting period under the Hart–Scott–Rodino (HSR) Act has terminated, allowing the companies to complete the merger. Orbital ATK is now Northrop Grumman Innovation Systems, a new, fourth business sector.

Northrop Grumman’s board of directors has elected Blake Larson as corporate vice president and president of Northrop Grumman Innovation Systems, reporting to Kathy Warden, Northrop Grumman’s president and chief operating officer. Larson previously served as the chief operating officer of Orbital ATK.

As part of that clearance, the FTC issued a decision and order providing for solid rocket motors to be available on a non-discriminatory basis under specified circumstances and under processes defined in the order.

Source:
https://www.satellitetoday.com/business/2018/06/06/northrop-grumman-to-close-orbital-atk-acquisition

 

[boogabooga]

:huh:

Wow. That's a lot of mergers in four years. Dust hadn't even settled from the Orbital Sciences -ATK merger.

 

[Andy44]

Hmm. That gives Northrop Grumman a taste of the US launch vehicle business, so far dominated by Lockheed Martin, Boeing, and lately the upstart SpaceX. Orbital ATK has maintained a foot in the door at least.

 

[Urwumpe]

Hmm. That gives Northrop Grumman a taste of the US launch vehicle business, so far dominated by Lockheed Martin, Boeing, and lately the upstart SpaceX. Orbital ATK has maintained a foot in the door at least.

Well, you can't say NG didn't try.


http://www.astronautix.com/c/cevnorthrop.html

http://www.spacedaily.com/reports/Northrop_Grumman_Proposes_Rapid_Response_Launch_Vehicle.html

astronautix.com/s/shuttleh33.html

 

[IronRain]

Northrop Grumman completes Orbital ATK acquisition: https://spaceflightnow.com/2018/06/07/northrop-grumman-completes-orbital-atk-acquisition/

 

[GLS]

Hungry folks...