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Orbital ATK Up 20% On News Of Northrop Grumman Deal
Monday, September 18, 2017 - 8:22am | 344Read More...Defense giant Northrop Grumman Corporation (NYSE: NOC) confirmed Monday it will buy Orbital ATK Inc (NYSE: OA), the maker of the Pegasus rocket and a vast array of other aerospace and defense systems, in a $7.2 billion deal. Orbital shares rocketed 19.32 percent in pre-market trading to $131.30....
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Orbital ATK Up After Analysts Defend Stock Following Mixed Earnings
Wednesday, March 2, 2016 - 2:41pm | 160Read More...Shares of Orbital ATK Inc (NYSE: OA) plunged on Tuesday following the company's fourth quarter results. Orbital ATK said it earned $1.45 per share in the fourth quarter on revenue of $1.137 billion. Wall Street analysts expecting the company to earn $1.30 per share on revenue of $1.15 billion. The...
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Orbital ATK Wins New 8-Year Contract With NASA Valued At Up To $1.5 Billion
Friday, January 15, 2016 - 9:43am | 196Read More...Orbital ATK Inc (NYSE: OA), an aerospace and defense company, announced on Thursday it has won a second contract with NASA that is valued at $1.2 to $1.5 billion. Orbital ATK noted that it was selected by NASA to provide commercial cargo delivery and disposal services to and from the...
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A Defense Sector Pair Trade From Goldman Sachs
Tuesday, September 8, 2015 - 1:04pm | 280Read More...Harris Corporation (NYSE: HRS) gained 5.7 percent year-to-date, while Orbital ATK Inc (NYSE: OA) and L-3 Communications Holdings, Inc. (NYSE: LLL) have declined 34 and 16 percent, respectively. Goldman Sachs' analyst Noah Poponak upgraded Harris and Orbital ATK to Buy from Neutral, while he...
