Orbital ATK Receives Second Request from Federal Trade Commission
December 06 2017 - 7:25PM
Business Wire
Orbital ATK, Inc. (NYSE: OA) today announced that, as expected,
it has received a request for additional information (“second
request”) from the Federal Trade Commission (FTC). This second
request is part of the regulatory process in connection with the
FTC’s review of Northrop Grumman’s (NYSE: NOC) proposed acquisition
of Orbital ATK.
The company continues to expect the acquisition to close in the
first half of 2018, after receiving regulatory approvals.
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
approximately 13,000 people across the U.S. and in several
international locations. For more information, visit
www.orbitalatk.com.
Cautionary Statement Regarding Forward Looking
Statements
This press release contains forward-looking statements made
pursuant to the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements often
include the words “forecast,” “expect,” “believe,” “will,”
“intend,” “plan,” and words of similar substance.
Such forward-looking statements include the expected completion
and timing of the proposed transaction. Such forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those contemplated by the
forward-looking statements, including the risks described in the
Company’s filings with the SEC, such as its Quarterly Reports on
Form 10-Q and Annual Report on Form 10-K. The Company
assumes no obligation to update the information in this
communication, whether as a result of new information, future
events or otherwise, except as otherwise required by law. Readers
are cautioned not to place undue reliance on these forward-looking
statements that speak only as of the date hereof.
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version on businesswire.com: http://www.businesswire.com/news/home/20171206006404/en/
Media/Investor Contact:Orbital ATK, Inc.Barron Beneski,
703-406-5528Public and Investor
Relationsbarron.beneski@orbitalatk.com
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