FALLS CHURCH, Va. – June 6, 2018 (Northrop Grumman PR) – Northrop Grumman Corporation (NYSE: NOC) today announced it has closed the acquisition of Orbital ATK Inc. (“Orbital ATK”), a global leader in aerospace and defense technologies. 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.
Combination enhances capabilities, innovation and competition in critical global security domains
Orbital ATK to become Northrop Grumman Innovation Systems, a new, fourth business sector
Northrop Grumman now expects 2018 sales of approximately $30 billion, EPS of $16.20 to $16.45 and free cash flow1 of $2.3 to $2.6 billion
FALLS CHURCH, Va. – June 5, 2018 (Northrop Grumman PR) – Northrop Grumman Corporation (NYSE: NOC) announced today that the U.S. Federal Trade Commission (FTC) has cleared Northrop Grumman’s proposed acquisition of Orbital ATK Inc. 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 HSR Act has terminated, allowing the companies to complete the merger.
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. The company expects to complete the transaction after market close tomorrow and is issuing the following updated guidance. This updated guidance assumes the completion of the transaction tomorrow.
The world’s launch providers have been extremely busy in the first quarter of 2018, with 31 orbital launches thus far. This is more than one third of the 90 launches conducted last year.
China leads the pack with 10 successful launches. The United States is close behind with a total of nine launches with one failure. The tenth American launch is scheduled for Monday afternoon from Florida.
In the wake of the apparently unsuccessful launch of the secret Zuma payload, there is still some confusion about what exactly happened and who is to blame.
The top secret satellite for an unidentified government agency is believed to have burned up in the Earth’s atmosphere after failing to separate from the second stage of a SpaceX Falcon 9 booster.
However, SpaceX officials say that the Falcon 9 booster performed exactly as planned, so the company is not responsible for any failure that might have occurred.
That would appear to point the finger at Northrop Grumman, which provided the satellite and the adapter that connected it to booster. The company had declined to comment, saying it doesn’t comment on classified missions.
SpaceX President Gwynne Shotwell has issued a statement concerning the Falcon 9 launch of the classified Zuma payload, which reports say was lost:
For clarity: after review of all data to date, Falcon 9 did everything correctly on Sunday night. If we or others find otherwise based on further review, we will report it immediately. Information published that is contrary to this statement is categorically false. Due to the classified nature of the payload, no further comment is possible.
Since the data reviewed so far indicates that no design, operational or other changes are needed, we do not anticipate any impact on the upcoming launch schedule. Falcon Heavy has been rolled out to launchpad LC-39A for a static fire later this week, to be followed shortly thereafter by its maiden flight. We are also preparing for an F9 launch for SES and the Luxembourg Government from SLC-40 in three weeks.
Reports indicate that the satellite’s builder, Northrop Grumman, provided its own payload adapter. So, if the satellite failed to separate from the second stage as reports indicate, the problem lay with the adapter and not the Falcon 9.
The Joint Space Operations Center did enter an object from the launch into its master catalog. That would indicate the satellite did enter orbit; however, it might not still be in orbit.
SpaceX launched a secret U.S. military satellite code named Zuma into space on Sunday evening. The company successfully landed the first stage of the Falcon 9 back at Cape Canaveral.
However, exactly what happened to the mysterious satellite remains a mystery nearly 24 hours after the launch. SpaceX says an analysis of data indicate the Falcon 9’s second stage performed nominally.
However, there are unconfirmed rumors that the satellite was lost. Rumors include the spacecraft being dead on orbit after separation from Falcon 9’s second stage, or re-entering the Earth’s atmosphere still attached to the stage.
Northrop Grumman, which built the spacecraft, is not commenting on the flight. The identity of the government agency the spacecraft was built for is not known. So, nobody from the government has confirmed whether the launch succeeded or not.
Meanwhile, SpaceX rolled out the first Falcon Heavy booster to Pad 39A at NASA’s Kennedy Space Center today. The company plans to conduct a brief static test of the rocket’s 27 first-stage engines for the first time. The rocket is set to make its maiden flight later this month from NASA’s Kennedy Space Center.
SpaceX has slipped the maiden flight of its Falcon Heavy booster to January. The rocket, whose first stage is composed of three Falcon 9 cores with 27 engines, will lift off from Pad 39A at NASA’s Kennedy Space Center. The flight will be preceded by a hold-down test on the launch pad in which all 27 first stage engines will be fired.
DULLES, Va., 29 November 2017 (Orbital ATK PR)– Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that its stockholders overwhelmingly approved the merger agreement providing for the proposed acquisition of Orbital ATK by Northrop Grumman Corporation (NYSE: NOC) at a special meeting of stockholders held on November 29, 2017.
Holders of more than 99% of Orbital ATK’s common stock present at the meeting or represented by proxy voted in favor of approving and adopting the merger agreement, which represented approximately 79% of the total number of outstanding shares of Orbital ATK’s common stock as of the October 10, 2017 record date for the special meeting.
The launch of an Orbital ATK Antares rocket on Saturday morning will be the first of four launches planned over the next five days.
The Antares will launch a Cygnus resupply ship to the International Space Station. It is the second flight of the re-engineered Antares booster, which includes two Russian-made RD-181 engines in its first stage. Launch time is set for 7:37 a.m. EST (1237 GMT) from Wallops Island in Virginia. NASA TV will provide launch coverage.
ULA’s Delta II booster will launch NOAA’s Joint Polar Satellite System 1 (JPSS-1) weather satellite from Vandenberg Air Force Base in California on Tuesday, Nov. 14. The launch window extends from 1:47:03 to 1:48:05 a.m. PST (4:47:03-4:48:05 a.m. EST or 0947:03-0948:05 GMT). NASA TV will provide launch coverage. It will be the penultimate flight of the venerable Delta II rocket.
SpaceX is scheduled to launch the mysterious Zuma payload on Wednesday, Nov. 15 from NASA’s Kennedy Space Center in Florida. Built by Northrop Grumman for the U.S. government, there are no other details about the spacecraft. The launch window extends from 8:00 to 10 p.m. EST (0100-0300 GMT on Nov. 16). It’s not clear whether SpaceX will webcast the flight.
China will launch the Fengyun 3D weather satellite into polar orbit aboard a Long March 4C booster from the Taiyuan Satellite Launch Center on Wednesday, Nov. 15. The launch window is not known.
Solid Rocket Motors: DOD and Industry Are Addressing Challenges to Minimize Supply Concerns Government Accountability Office October 2017 GAO-18-45 [Full Report]
Why GAO Did This Study
DOD relies on a multi-tiered supply chain to provide SRMs, the propulsion systems behind the various missile systems that provide defense capabilities to meet U.S. national security objectives. The SRM industrial base includes manufacturers that turn to an extensive network of suppliers that provide the raw materials, components, and subsystems needed to build SRMs. DOD is responsible for developing a strategy for the national industrial base that ensures that defense contractors and their suppliers are capable of providing the goods and services needed to achieve national security objectives.
FALLS CHURCH Va. and DULLES, Va., Sept. 18, 2017 (Northrop Grumman PR) — Northrop Grumman Corporation (NYSE:NOC), a leading global security company, and Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share.
The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.
Northrop Grumman Corp (NOC.N) neared an agreement to buy Orbital ATK Inc (OA.N) in a transaction that could be announced as soon as Monday, according to a person familiar with the transaction.
The source requested anonymity because the deal has not been disclosed publicly.
Northrop Grumman declined to comment and Orbital did not immediately respond to a request for comment. The Wall Street Journal reported the deal earlier on Sunday.
Northrop is valued at $46.5 billion, while Orbital is valued at $6.3 billion. The acquisition price could not be immediately determined, but could exceed $7.5 billion if a typical premium was attached to it, Wall Street Journal said.
Editor’s Note: If Northrop buys Orbital ATK, it will inherit the Pegasus XL booster and the L-1011 Stargazer aircraft that is used to launch it. Northrop is also is involved through Scaled Composites in the Stratolaunch program, which will also use Pegasus XL boosters.
The cost of maintaining one aging jetliner built in 1974 has got to be fairly high. Then you’ve got Stratolaunch which is a massive, one-of-a-kind aircraft. So, would you want to maintain both of them to launch the same booster?
NASA has released a document listing the 1,206 active Space Act Agreements (SAAs) the agency has with commercial companies, non-profit organizations and state and local governments.
From that list, I’ve extracted agreements with individual companies. Below you will find tables listing SAAs that NASA has signed with Lockheed Martin, Northrup Grumman, Space Systems Loral, Google and Teledyne.
SAAs come in three varieties: reimburseable, non-reimburseable and funded. Under reimburseable agreements, a company or organization will pay NASA for its services. No money exchanges hands under non-reimburseable agrements. And under funded agreements, NASA pays the company to perform work or provide services. (The space agency made substantial use of SAA’s in the Commercial Crew Program.) (more…)