Breaking News | Northrop Grumman to acquire Orbital ATK

September 18, 2017 View this email in your browser Northrop Grumman to acquire Orbital ATK Northrop Grumman will acquire Orbital ATK in a $9.2 billion deal the companies announced Sept. 18. Under the terms of the deal, Northrop Grumman will pay $7.8 billion in cash and assume $1.4 billion in debt to acquire Orbital ATK. Northrop Grumman is paying $134.50 per share of Orbital ATK stock, a premium of more than 20 percent over the stock's price of $110 per share at the close of trading Sept. 15. News of the deal was first reported Sept. 17 by the Wall Street Journal. The companies, in a statement announcing the deal, described Northrop's acquisition of Orbital as a complementary one. Orbital ATK will operate as a fourth division of Northrop Grumman, alongside aerospace systems, mission systems and technology services. See Full Story Sponsored by Delivering Affordable, Intelligent Solutions: Honeywell has unequalled expertise in developing and manufacturing hardware and systems to meet the high performance demands of space missions. We are helping to create the next generation of space flight excellence. Copyright © 2017 SpaceNews Inc., All rights reserved. Our mailing address is: SpaceNews Inc. 1414 Prince St, Suite 204 Alexandria, VA 22314