Northrop Grumman Agrees to Buy Orbital ATK

Posted on 09/18/2017


Defense giant Northrop Grumman Corporation agreed to acquire Dulles, Virginia-based Orbital ATK, a rocket and missile manufacturer, for roughly US$ 7.8 billion in cash (not including US$ 1.4 billion in assumed debt) – US$ 9.2 enterprise value deal. The deal gives Northrop Grumman access to more products in the rocket propulsion and munitions space. Orbital […]