in

Manufacturer of munitions, rockets and space stations: Orbital ATK (OA)-delisting

Orbital ATK, Inc. (NYSE:OA) is a new company formed by the merger of the original pipeline science company Orbital Sciences Corporation (NYSE:ORB) and Alliant Techsystems (NYSE:ATK) on February 9, 2015 Headquartered in Dulles, Virginia, with 12,300 full-time employees, it is currently one of the world’s largest arms manufacturers and also produces rockets and space stations.

Update :

On June 6, 2018, Northrop Grumman won U.S. antitrust approval to acquire Orbital ATK . The latter is about to delist!

Orbital ATK OA Logo

Orbital ATK (OA):

Orbital ATK, Inc. is a global aerospace and defense systems company that produces rockets, satellites and other aerospace and defense systems. Orbital ATK provides customers with space launch vehicles and propulsion systems, tactical missiles and military electronics, satellites and space systems, ordnance systems and ammunition, commercial and military aircraft structures and other related components.

OA has three main group companies , namely: Flight Systems Group in Arizona, Defense Systems Group in Maryland, and Space Systems Group in Virginia. ).

Orbital ATK (OA) history:

As mentioned above, Orbital ATK, Inc. was formed by the merger of the original Pipeline Science Company and Alente Technology Systems in February 2015. Therefore, the history of the two companies will be discussed separately.

Part 1: Orbital Sciences Corporation

Orbital Sciences Corporation LogoOrbital Sciences Corporation (English: Orbital Sciences Corporation, Orbital, abbreviation: OSC) is an American company that specializes in the manufacture and launch of artificial satellites. Its launch department also actively participates in the development of the national missile defense system. Orbital Sciences’ stock code on the New York Stock Exchange is ORB and is headquartered in Loudoun County, Dulles, Virginia, USA.

In the past, Orbital Sciences also managed ORBIMAGE, the predecessor of GeoEye satellite company, and Magellan, an important global positioning system manufacturing company, but later both became independent. Orbital Sciences has manufactured 569 launch vehicles and 174 satellites since its official establishment in 1982, of which more than 82 rockets and 24 satellites are planned to be delivered in 2015. According to statistics, the products launched by Orbital Sciences accounted for 40% of the orbital interceptor market, 55% of the small communications satellite market, and 60% of the small launch vehicle market. Orbital Sciences plans to expand its influence in the medium-sized carrier rocket and satellite market by developing Antares rockets and acquiring General Dynamics Advanced Information System satellites.

Orbital Sciences was founded in 1982 by David Thompson, Bruce Ferguson, and Scott Webster. By 2006, Orbital Sciences conducted 500 missions .

On April 2, 2010, Orbital Sciences completed the acquisition of General Dynamics Advanced Information Systems and its satellite division for USD 55 million.

On April 21, 2013, Orbital Sciences successfully conducted the first test flight of the Antares rocket carrying a virtual payload at the launch base on Wallops Island in Virginia. This test flight made Orbital Science the second company capable of transporting goods to the International Space Station in a commercial service. It is estimated that the test flight has invested more than 100 million US dollars.

At 20:15 on the 19th U.S. Eastern Time on November 19, 2013, the Orbital Science Corporation Minotaur rocket ignited from the NASA base on Wallops Island off the east coast of the United States. A record number of 29 satellites were put into earth orbit at the same time using a rocket. The most interesting of these is a microsatellite and a mobile phone satellite made by students from Thomas Jefferson High School of Science and Technology in Virginia, USA.

Orbital Science Company Department:

  1. Space system: The main business of Orbital Science’s space system department is the development of small and medium-sized artificial satellites. Since its establishment in 1982, more than 110 artificial satellites have been delivered to commercial, military and civilian customers around the world and launched into orbit.
  2. Launch system: Orbital Science’s launch system department mainly provides launch vehicles that carry small payloads to space orbit. The main launch method is to launch a modified Lockheed L-1011 Stargazer as a Pegasus rocket Platform, and Orbital Sciences has performed 40 missions in this way since 1990. In addition to the Pegasus rocket, Orbital Sciences has also introduced the Taurus and Minotaur series of launch vehicles to government or commercial customers. The first rocket engine of the two can send larger loads to orbit. Among them, Minotaur IV is the latest carrier rocket provided by Orbital Science Company, using the rocket engine technology of the decommissioned LGM-118A Peace Guardian missile, and the electronic equipment and fairing developed by Orbital Science Company. Become. In addition, Orbital Science Corporation’s launch system department also provides suborbital launch vehicle designs for some national missile defense systems. In the past 10 years, it has cooperated with the US Missile Defense Agency, the US Air Force, the US Army and the US Navy. Jointly develop, test and strengthen the national missile defense system, and for this purpose, more than 50 launch vehicles have been launched to perform missions.
  3. Development Engineering: The Development Engineering Department of Orbital Science Company mainly conducts research for manned aerospace, commercial transportation, aviation research and space transportation.
  4. Technical Services

Part 2: Alliant Techsystems

Alliant Techsystems LogoAlliant Technical Systems (or translation: Alliant Technical Systems, Alliant Technical Systems) (ATK) is an American aerospace, defense and sporting goods company headquartered in Arlington County, Virginia, USA. The company has operations in 22 states in the United States and Puerto Rico. ATK’s 2014 revenue was approximately $4.78 billion.

  • In 1995, ATK entered the aerospace market by acquiring the aerospace division of Hercules Inc.;
  • In 2001, ATK acquired Thiokol and renamed it ATK Launch Systems in 2006. Thiokol is a manufacturer of reusable solid rocket motors used to launch NASA space shuttles;
  • Also in 2001, ATK entered the sports and law enforcement ammunition market through the acquisition of the arms and ammunition business of Blount International. This acquisition made ATK the largest ammunition manufacturer in the United States;
  • In 2009, ATK acquired Eagle Industries;
  • In 2010, ATK acquired Blackhawk Industries Products Group Unlimited, LLC, thus entering the security and law enforcement market;
  • On April 29, 2014, ATK announced that it would divest the group’s sports business and merge the group’s military and defense businesses with Orbital Sciences Corporation. As a result, two new listed companies were born: sports business Vista Outdoor (NYSE: VSTO) As well as Orbital ATK, Inc. (NYSE:OA), a military and aerospace business company, the transaction was completed in February 2015.

Part III: Orbital ATK, Inc. (NYSE:OA)

  • On June 6, 2018, Northrop Grumman won U.S. antitrust approval to acquire Orbital ATK .

Orbital ATK (OA) investment:

Delisted due to acquisition!

Rating record:

2016-2-8

KeyBanc Capital Mkts

upgrade

From: Industry consistent

To: Overweight

2015-12-22

CL King

Initial Comment

To: buy

2015-12-17

UBS

Initial Comment

To: buy

2015-9-8

Goldman

upgrade

From: Neutral

To: buy

2015-8-11

Argus

upgrade

From: hold

To: buy

2015-3-10

Barclays

upgrade

From: hold

To: Overweight

2015-2-11

Stifel

Initial Comment

To: buy

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all Intels

REIT Company: Transcontinental Realty Investors (TCI)

Leading asset management company: T. Rowe Price Group (TROW) (1937)