What happened to Orbital ATK stock?

– June 6, 2018 – Northrop Grumman Corporation (NYSE: NOC) today announced it has closed the acquisition of Orbital ATK Inc. Orbital ATK is now Northrop Grumman Innovation Systems, a new, fourth business sector.

What does Orbital ATK make?

The new company, to be called Orbital ATK Inc., will serve U.S. and international customers with leading positions in the markets for space launch vehicles and propulsion systems, tactical missiles and defense electronics, satellites and space systems, armament systems and ammunition, and commercial and military …

Who bought out Orbital ATK?

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.

When did orbital merge with ATK?

On 18 September 2017, Northrop Grumman announced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt, and on 6 June 2018, the acquisition was completed, and Orbital ATK became Northrop Grumman Innovation Systems.

Did Northrop buy ATK?

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 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.

How much did Northrop pay for Orbital ATK?

Northrop Grumman announced the $9.2 billion deal on September 18. To buy Orbital ATK, it paid $7.8 billion in cash and assumed $1.4 billion in debt. Executives from both firms have pushed back on the idea that the combination reduces competition in the defense and space sectors.

Did Northrop Grumman buy ATK?