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Northrop Grumman Corp to acquire Orbital ATK

Northrop Grumman Corporation, a leading global security company, and Orbital ATK, Inc., 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.

You can find out more about this acquisitoin via this link.

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Space Race

The future of mankind is in Space, and it is necessary to ensure safe, cheap and without great stress on the body transport of people and goods from Earth to the first station in orbit. It is still a long way to fulfill these conditions, but the steps in that direction are underway, the founding of our association A3 is precisely on that trajectory. More about the efforts to realize that vision