Northrop Grumman acquisition of Orbital ATK
Northrop Grumman bought Orbital ATK, adding solid rocket motors, missile products and space systems. It became the Innovation Systems sector.
- Company
- Orbital ATK
- Type
- M&A
- Status
- Completed
- Date
- 6 Jun 2018
- Value
- US$9.2bn
- Value basis
- US$7.8bn cash plus US$1.4bn of net debt assumed
- Region
- US
- Segment
- Missiles, space and munitions
Parties
- Northrop Grumman buyer
- Orbital ATK shareholders seller
Key terms
- Cash price
- about US$7.8bn
- Net debt assumed
- US$1.4bn
- Announced
- 18 Sep 2017
Sources
- Northrop Grumman 8-K: Northrop Grumman to acquire Orbital ATK sec.gov · 18 Sep 2017
- Northrop Grumman 8-K: Northrop Grumman completes Orbital ATK acquisition sec.gov · 6 Jun 2018
Record DEF-INV-2018-0005. Investments are kept apart from the financings register and never counted in debt totals.
