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Who is ATK owned by?
Northrop Grumman
Northrop Grumman its acquisition of Orbital ATK on June 6, 2018. WASHINGTON ― Northrop Grumman won U.S. antitrust approval to complete its $7.8 billion acquistion of rocket maker Orbital ATK on June 5, and is expected to complete the transaction by market close today.
What companies does ATK own?
Subsidiaries
- ATK Missile Systems Company.
- Alliant Integrated Defense Co.
- Ammunition Accessories INC.
- ATK Elkton LLC.
- ATK Gun Systems Company LLC.
- ATK Thiokol INC.
- ATK, Ordnance and Ground Systems.
- Composite Optics, INC.
Does Northrop Grumman own Alliant Techsystems?
Alliant Techsystems Inc. Merged with Orbital Sciences Corporation to form Orbital ATK, Orbital ATK bought by Northrop Grumman in 2018.
Who bought Alliant Techsystems?
Northrop Grumman Corp.
Virginia-based Northrop Grumman Corp. completed its $7.8 billion purchase of aerospace and defense company Orbital ATK Inc. after receiving approval from the U.S. Department of Justice antitrust division. Orbital ATK was created in 2015 after the merger of Alliant Techsystems Inc.
Is Orbital ATK part of Northrop Grumman?
Northrop Grumman’s $9.2 billion acquisition of Orbital ATK, announced in September 2017, closed last June. When the deal was announced, the companies said they expected a variety of benefits, from cost savings to new business opportunities, from incorporating Orbital ATK into Northrop Grumman.
What happened Alliant Techsystems?
Alliant Techsystems Inc. Merged with Orbital Sciences Corporation to form Orbital ATK, Orbital ATK bought by Northrop Grumman in 2018. Arlington, Virginia, U.S. On April 29, 2014, ATK announced that it would spin off its Sporting Group and merge its Aerospace and Defense Groups with Orbital Sciences Corporation.
What does ATK do for NASA?
ATK produces avionics for NASA’s Space Launch System program. The Space Launch System is designed for deep space operations, including missions to Mars. After ATK finishes testing, avionics will be delivered to NASA’s Marshall Space Flight Center. The first launch is expected in 2017.
What does ATK stand for?
Alliant Techsystems Inc. (ATK) was an American aerospace, defense, and sporting goods company with its headquarters in Arlington County, Virginia, in the United States. The company operated in 22 states, Puerto Rico , and other countries.
What does the Orbital ATK spinoff mean for ATK shareholders?
The spinoff will be immediately followed by an all-stock merger of ATK’s Aerospace and Defense Groups with Orbital Sciences; Orbital shareholders will receive ATK common stock as consideration. The combined company will be named Orbital ATK Inc.
What does ATK Defense Group do?
ATK’s Defense Group produced ammunition, precision and strike weapons, missile-warning solutions and tactical rocket motors across air, sea and land-based systems. ATK Defense Group develops products and services for: As of April 2014, ATK had a three-year contract with Lockheed to develop a warhead for the Guided Multiple Launch Rocket System.