Northrop Grumman Nears Deal to Buy Orbital ATKDeal could be announced Monday, may be worth more than $7.5 billion Northrop Grumman Corp. is nearing a deal to buy Orbital ATK Inc. in a transaction that could be worth upward of $7.5 billion, as acquisition activity in the aerospace industry ramps up.
Northrop Grumman Corp neared an agreement to buy Orbital ATK Inc, in a transaction that could be announced as soon as Monday, according to a person familiar with the transaction...
and they recently also bought Scaled Composites.
This would be pretty important, because it means Northrop Grumman will be getting into the launch business
Quote from: Coastal Ron on 09/18/2017 04:04 amThis would be pretty important, because it means Northrop Grumman will be getting into the launch business I thought they don't want to getting into launch business because the profit margin is thin...
Quote from: Coastal Ron on 09/18/2017 04:04 amand they recently also bought Scaled Composites.If 10 years ago is recently, sure.
I wonder how this can work. Northrop Grumman is competing for the Minuteman replacement. With this move, it would control much of the U.S. solid motor propulsion, potentially denying these motors to its competitors. Can that even happen?Sad to see Orbital slipping away, if true, but times always change.
Quote from: edkyle99 on 09/18/2017 03:06 amI wonder how this can work. Northrop Grumman is competing for the Minuteman replacement. With this move, it would control much of the U.S. solid motor propulsion, potentially denying these motors to its competitors. Can that even happen?Sad to see Orbital slipping away, if true, but times always change.I think what's amazing is how quiet the whole thing has been. Usually when multi $Bn companies are thinking about M&A it's all over the financial press, but this seems to be happening without a ripple.Given the players it's inconceivable that the DoD has not been kept in the loop. And they are talking about an all cash deal as well?? No share swapping. NG must have quite a war chest to do that.
That's what you get when you win a potential $50 billion deal for the B-21, I imagine the profit on that alone must be extremely healthy for their bottom line over a number of years. They also have a good cut of the F-35 work. It's funny that before they won the B-21 competition there was much talk of them being taken over by someone like Boeing or LM, that's now stopped.
Quote from: Star One on 09/18/2017 07:10 amThat's what you get when you win a potential $50 billion deal for the B-21, I imagine the profit on that alone must be extremely healthy for their bottom line over a number of years. They also have a good cut of the F-35 work. It's funny that before they won the B-21 competition there was much talk of them being taken over by someone like Boeing or LM, that's now stopped.I knew the USAF had some sort of "Next Generation Bomber" programme running on for years, but I didn't know they'd finally awarded it. Any bets on how late it will be or how much it will be cut down by?
Discussion about B-21 is off-topic. Not just for this thread, but for this entire forum.
Quote from: woods170 on 09/18/2017 09:40 amDiscussion about B-21 is off-topic. Not just for this thread, but for this entire forum.Surely how NG are funding this funding this purchase is on topic.
