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Northrop Grumman Receives FTC Clearance to Close Acquisition of Orbital ATK and Updates 2018 Financial Guidance

Combination enhances capabilities, innovation and competition in critical global security domains Orbital ATK to become Northrop Grumman Innovation Systems, a new, fourth business sector Northrop Grumman now expects 2018 sales of approximately $30 billion, EPS of $16.20 to $16.45 and free cash flow1 of $2.3 to $2.6 billion FALLS CHURCH, Va., June 05, 2018 (GLOBE […]

Northrop Grumman to Acquire Orbital ATK for $9.2 Billion

Combination enhances capabilities, innovation and competition for customers Meaningful shareholder value creation opportunity driven by strategic fit, revenue synergies from new opportunities, and cost savings Expected to be accretive to EPS and FCF per share in first full year; estimated annual cost savings of $150 million by 2020 Strong combined cash flow generation supports financial […]

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