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Northrop Grumman to Close Orbital ATK Acquisition

Northrop Grumman headquarters in Falls Church, Virginia. Photo: Northrop Grumman.

Northrop Grumman headquarters in Falls Church, Virginia. Photo: Northrop Grumman.

Northrop Grumman has announced that the U.S. Federal Trade Commission (FTC) has cleared its proposed acquisition of Orbital ATK. The FTC’s Bureau of Competition has completed its review of the merger, and the Premerger Notification Office has informed the company that the waiting period under the Hart–Scott–Rodino (HSR) Act has terminated, allowing the companies to complete the merger.

As part of that clearance, the FTC issued a decision and order providing for solid rocket motors to be available on a non-discriminatory basis under specified circumstances and under processes defined in the order. The company expects to complete the transaction after market close today.

The post Northrop Grumman to Close Orbital ATK Acquisition appeared first on Via Satellite.

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