Author Topic: Orbital ATK Marks First Day of Operations Following Completion of Merger  (Read 3145 times)

Online Chris Bergin

Following on from:
http://www.nasaspaceflight.com/2014/04/orbital-atk-form-space-flight-super-group/

And we have been included in their launch with a couple of ad placements! :)

Release:

ORBITAL ATK MARKS FIRST DAY OF OPERATIONS

FOLLOWING COMPLETION OF MERGER

Combination Creates Major Aerospace and Defense Company Focused on
Reliability, Innovation and Affordability

Shares of Orbital ATK to Trade on New York Stock Exchange

Under Stock Symbol “OA”


(Dulles, Virginia 10 February 2015) – Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today marks its first full day of operations following the completion yesterday of the merger between Orbital Sciences Corporation and the Aerospace and Defense Groups of Alliant Techsystems Inc.  The merger brings into existence a new $4.5 billion* space, defense and aviation systems manufacturer that employs more than 12,000 people in 20 states across the U.S.  Shares of the new company will begin trading on the New York Stock Exchange under the ticker symbol “OA” when markets open later today.

“As separate enterprises, Orbital and ATK each established proud legacies as customer-focused companies known for innovation and affordability,” said Orbital ATK President and CEO David W. Thompson. “Now, with our two organizations coming together under the Orbital ATK banner, we begin operations with substantially greater technical and industrial capabilities and increased financial resources.  Orbital ATK’s commitment is to provide our customers with reliable and affordable products and systems that enable them to successfully carry out their most critical missions in aerospace and defense applications.  Likewise, we are committed to delivering long-term value to our shareholders as we focus on realizing the maximum synergies created by the merger and capitalizing on a broader spectrum of new market opportunities than we could have addressed as independent companies.”

Headquartered in Dulles, Virginia, Orbital ATK will conduct its business in three operating groups that serve customers in the U.S. government, commercial and international markets:

 

·         Flight Systems Group – Headquartered in Chandler, Arizona, the Flight Systems Group (FSG) designs, manufactures, tests and operates space launch vehicles, rocket propulsion systems, missile defense systems and advanced aerospace structures.  FSG employs approximately 4,500 people and operates major facilities in Arizona, Utah, Virginia, Ohio, Alabama and Mississippi.

·         Defense Systems Group – The Defense Systems Group (DSG) is headquartered in Baltimore, Maryland, and supplies advanced missile products, defense electronic systems, armament systems and small caliber ammunition systems to U.S. military and allied defense customers. DSG employs approximately 4,900 people and operates major facilities in Maryland, West Virginia, Virginia, Missouri, Minnesota, California, Arizona, Texas and Florida.

·         Space Systems Group – Based in Dulles, Virginia, the Space Systems Group (SSG) focuses on commercial communications and imaging satellites; national security, scientific and human exploration spacecraft; space components and subsystems; and space-related technical services.  SSG employs approximately 2,700 people and operates major facilities in Virginia, Maryland, California, Arizona, Texas and Utah.

Blake E. Larson, Orbital ATK’s Chief Operating Officer, said, “The Orbital ATK team is ready to support our customers’ critical defense, space and aviation missions.  As we begin operations of the new company, the many years of close collaboration and similar technical approaches to development, production and testing give us a head start on combined operations. No matter the business area, we are all united to deliver operational excellence for our customers and shareholders.”

The company has posted a presentation with additional information for investors and analysts on its web site at www.orbitalatk.com.

About Orbital ATK

Orbital ATK is a global leader in aerospace and defense technologies.  The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier.  Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs more than 12,000 people in 20 states across the U.S. and in several international locations.  For more information, visit www.orbitalatk.com.

Offline Rocket Science

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As soon as I clicked on NSF this morning the Orbital ATK ad immediately grabbed my attention, well done!! Now as for the rest of you aerospace corporations... Let’s advertise on the best space information site on the net!
"The laws of physics are unforgiving"
~Rob, Physics instructor, aviator, vintage auto racer

Offline edkyle99

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I suppose that this will have to be renamed the "Orbital ATK" forum section now.

 - Ed Kyle
« Last Edit: 02/11/2015 12:06 AM by edkyle99 »

Offline yg1968

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I guess this means the end of Liberty.

But the merger should allow Orbital ATK to better compete with ULA and SpaceX.
« Last Edit: 02/11/2015 03:33 PM by yg1968 »

Offline Lobo

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I guess this means the end of Liberty.

But the merger should allow Orbital ATK to better compete with ULA and SpaceX.

No!....they can't take our Liberty!

Freedom!

;-)
« Last Edit: 02/11/2015 04:15 PM by Lobo »

Offline Alpha Control

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This org chart was nice to see. Our very own AntonioE, Dr. Elias, he's the Executive Vice President and Chief Technical Officer!

I don't know what his previous title was, but if this is a promotion, then many congratulations to him!  I've enjoyed reading his posts here at NSF over the years. They've always been enlightening and a pleasure to read.

http://spacenews.com/orbital-atk-org-charts-detail-the-newly-merged-company/
Space launches attended:
Antares/Cygnus ORB-D1 Wallops Island, VA Sept 2013 | STS-123 KSC, FL March 2008 | SpaceShipOne Mojave, CA June 2004

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