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Orbital ATK

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Through Rocket engine, Missile and Satellite

History

A merger of Orbital Sciences Corporation and the defense and aerospace divisions of Alliant Techsystems (ATK) was announced on April 29, 2014. The two companies had collaborated on several previous projects, including the use of 400 ATK rocket motors in Orbital's launch vehicles. The deal officially closed on February 9, 2015. ATK's sporting-goods division spun off to form Vista Outdoor on the same day.

On September 18, 2017, Northrop Grumman announced plans to purchase Orbital ATK for US$7.8 billion in cash plus assumption of US$1.4 billion in debt. Orbital ATK shareholders approved the buyout on November 29, 2017. The Federal Trade Commission (FTC) approved the acquisition with conditions on June 5, 2018, and on June 6, 2018, Orbital ATK was renamed Northrop Grumman Innovation Systems.

With Northrop Grumman's reorganization of its divisions effective January 1, 2020, Northrop Grumman Innovation Systems was split, with most of the sector merging with other Northrop Grumman businesses into a new Space Systems sector.

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