Another aviation mega-merger: Northrop Grumman to buy Orbital ATK for $9 billion
Northrop Grumman announced a $9 billion deal to buy Orbital ATK. early Monday. Orbital is a rocket and defense contractor. It competes with SpaceX and the joint venture between Boeing and Lockheed Martin for the growing commercial satellite launch business. The price Northrop agreed to pay for Orbital represents a 22% premium over Friday’s closing […]