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.
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
This summer many fires raged Adriatic coast in Croatia, the most famous is the one that came close to burn Split. At the same time another two were visible from the Space. The power of satellite observation could be used for detecting fires at the earliest stage thus preventing disasters that come after they get out of control. Another problem is detecting ember which are hidden dangers for instigating new fires after the main one was put out.
The welcome word was given by the Director of the Ruđer Bošković Institute, PhD. Tome Antičić, followed by the lectures of the members of our association on the themes of their expertise.
Major General Aviation (UM) Viktor Koprivnjak, “The Air Force of the Republic of Croatia”
mr. Sc. Frane Milos (Amphinicy d.o.o), “Satellite Communication”
prof. Dr. Sc. Bojan Jerbić (FSB), “Intelligent Machines”
Dr. Siniša Marijan (Končar Institute), “Built-in Computers & Examinations in Accredited Laboratories”
prof. Dr. Sc. Ivica Smojver (FSB), “The Potential of International Co-operation of the Republic of Croatia in Aviation”
An overview of the Association’s assignments was given by prof. Dr. Slobodan Danko Bosanac, “A3 – Activities Direction”