Orbital ATK Inc.was an Americanaerospace manufactureranddefense industrycompany. It was formed in February 9, 2015 from the merger ofOrbital Sciences Corporationand parts ofAlliant Techsystems(ATK). Orbital ATK designed, built, and deliveredrocket engines,military vehicles,firearms,autocannons,missiles,ammunition,precision-guided munitions,satellites,missile approach warning systems,launch vehiclesandspacecraft.The company was acquired byNorthrop Grummanon June 6, 2018. The former Orbital ATK operations were renamed Northrop Grumman Innovation Systems and operated as a division until January 1, 2020 when a reorganization merged the operations into the company's other divisions.

Orbital ATK Inc.
Company typePublic
NYSE:OA
IndustryAerospace,Defense
Predecessors
FoundedFebruary 9, 2015(2015-02-09)
DefunctJune 6, 2018(2018-06-06)
FateAcquired byNorthrop Grumman
Headquarters,
United States
Key people
David W. Thompson (PresidentandCEO)
RevenueIncreaseUS$1,348 million(2017)
DecreaseUS$61.2 million(2017)
Total assetsIncreaseUS$2,542 million(2017)
Total equityIncreaseUS$2,045 million(2017)
Number of employees
13,900 (2017)
Websiteorbitalatk.com(Archived)
Footnotes / references
Financials as of December 31, 2017(final fiscal year end)
References:[1][2]

History

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A merger ofOrbital Sciences Corporationand the defense and aerospace divisions ofAlliant 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. ATK's sporting-goods division spun off to formVista Outdooron the same day.[4]

On September 18, 2017,Northrop Grummanannounced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt.[5]Orbital ATK shareholders approved the buyout on November 29, 2017.[6]TheFederal Trade Commission(FTC) approved the acquisition with conditions on June 5, 2018, and on June 6, 2018, Orbital ATK was renamed Northrop Grumman Innovation Systems.[7][8]

With Northrop Grumman's reorganization of its divisions effective January 1, 2020, Northrop Grumman Innovation Systems was split, with most of the sector merging with other Northrop Grumman businesses into a new Space Systems sector.[9]

Organization

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Flight Systems Group

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Based inChandler, Arizona,[4]the Flight Systems Group includes thePegasus,Minotaur,andAntareslaunch vehicles as well as solid-propulsion and aerostructures programs.[2]The company also operates aLockheed L-1011 TriStarwide body jetliner, which is namedStargazerand is used to air launch Pegasus rockets carrying payloads into space.[10]TheStargazeraircraft is also used for testing under specific programs. The Flight Systems Group became part of Northrop Grumman Space Systems on January 1, 2020.

Defense Systems Group

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The Defense Systems Group, based in theBaltimore, Maryland[4]area, produces tactical missiles, defense electronics, and medium- and large-caliber ammunition. The division also produces fuzing and warheads for both tactical missiles and munitions; precision metal and composite structures for medium and large-caliber ammunition, military aircraft, ground vehicles, and missile systems; load, assembly, and pack (LAP) of medium caliber munitions; and propellants and powders for the canister and commercial markets. The Defense Systems Group became part of Northrop Grumman Defense Systems on January 1, 2020.

Space Systems Group

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Orbital ATK's Space Systems Group provides satellites forcommercial,scientific, and security purposes.[2]This group also produces theCygnusspacecraft, which delivers cargo to theInternational Space Station.The group was based at the company's headquarters on Warp Drive inDulles, Virginia.[4]

Products

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Rockets

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Antares rocketlaunches theOrb-2mission.

Rocket engines

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A GEM 40 solid rocket motor being prepared for integration with a Delta II launch vehicle

Spacecraft

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The spacecraftCygnustransporting cargo to theISSon behalf ofNASA.

Munitions

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Firearms

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See also

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References

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  1. ^"Annual report Form 10-K 2017 Orbital ATK Inc".February 21, 2018.RetrievedJune 24,2024.
  2. ^abcBerger, Brian (February 12, 2015)."Orbital ATK Org Charts Detail the Newly Merged Company".SpaceNews.Archivedfrom the original on February 13, 2015.RetrievedFebruary 19,2015.
  3. ^Aitoro, Jill R. (April 29, 2014)."Why the merger of ATK and Orbital Sciences makes sense".Washington Business Journal.Archivedfrom the original on February 20, 2015.RetrievedFebruary 19,2015.
  4. ^abcdWall, Mike (February 10, 2015)."Orbital ATK, Merger of Orbital Sciences and ATK, Begins Operations".Space.com.Archivedfrom the original on April 19, 2019.RetrievedFebruary 19,2015.
  5. ^"Northrop Grumman to Acquire Orbital ATK for $9.2 Billion"(PDF)(Press release). Falls Church and Dulles, Virginia: Northrop Grumman Corporation. September 18, 2017. Archived fromthe original(PDF)on January 27, 2018.
  6. ^"Orbital ATK Shareholders Vote to Approve Acquisition by Northrop Grumman".news.northropgrumman.com(Press release). Falls Church, Virginia: Northrop Grumman Corporation. November 29, 2017.Archivedfrom the original on June 12, 2018.RetrievedJuly 23,2018.
  7. ^"FTC Imposes Conditions on Northrop Grumman's Acquisition of Solid Rocket Motor Supplier Orbital ATK, Inc"(Press release). Federal Trade Commission. June 5, 2018.Archivedfrom the original on June 12, 2018.RetrievedJune 6,2018.This article incorporates text from this source, which is in thepublic domain.
  8. ^Erwin, Sandra (June 5, 2018)."Acquisition of Orbital ATK approved, company renamed Northrop Grumman Innovation Systems".SpaceNews.RetrievedJuly 23,2018.
  9. ^"Northrop launches new divisions focused on space, cyber, unmanned tech".September 20, 2019.Archivedfrom the original on September 23, 2019.RetrievedApril 17,2020.
  10. ^"Orbital ATK".www.orbitalatk.com.Archivedfrom the original on June 1, 2018.RetrievedAugust 23,2020.
  11. ^"30mm & 20mm x 173mm Munition System".www.orbitalatk.com.Archived fromthe originalon July 2, 2017.RetrievedNovember 28,2017.
  12. ^"Brochure"(PDF).orbitalatk.com.Archived(PDF)from the original on March 29, 2017.RetrievedNovember 28,2017.