mergers
Op-Ed | Preserving NewSpace innovation while championing M&A in our ecosystem
The NewSpace sector is expected to grow from a $350 billion global industry in 2018 to a trillion dollar one by 2040, according to a Morgan Stanley report. Given these forecasts it is not clear how the market will expand, will there be more mergers and acquisitions, initial public offerings, initial coin offerings or just companies remaining private?
Defense and security contractor Parsons to acquire geospatial intelligence firm OGSystems
With the acquisition of OGSystems, Parsons gets immediate access to highly skilled geospatial intelligence analysts.
Boeing to acquire Millennium Space Systems
Millennium Space Systems was founded in 2001 and has approximately 260 employees. It has developed satellites ranging from 50 kg to more than 6,000 kg.
Acquisition of Orbital ATK approved, company renamed Northrop Grumman Innovation Systems
The U.S. Federal Trade Commission has cleared Northrop Grumman's $7.8 billion purchase of defense and space contractor Orbital ATK.
MDA withdraws, resubmits paperwork for DigitalGlobe acquisition
Satellite manufacturer and hardware provider MDA Corp. and Earth-observation company DigitalGlobe have re-submitted paperwork to the Committee on Foreign Investment in the United States (CFIUS) after cancelling the original version.
KBR acquiring NASA contractor Wyle
NASA contractor Wyle is being acquired by Houston-based KBR Inc. under a deal announced May 23.
Orbital ATK Org Charts Detail the Newly Merged Company
Orbital Sciences Corp. and ATK completed their merger Feb. 9, forming a $4.5 billion aerospace and defense company employing 12,500 people across 17 states.
Harris Corp. Buying Exelis in Deal Worth $4.75 Billion
Harris Corp. is buying Exelis, Inc. in a cash and stock deal valued at approximately $4.75 billion. Both companies have broad defense electronics portfolios, with a significant amount of space-related work.
ATK and Orbital Shareholders Approve Merger
Shareholders of ATK and Orbital Sciences Corp. approved the merger of the two companies in separate votes Jan. 27, clearing the way for the merger to close in early February.
Justice Department Approves ATK-Orbital Merger
The U.S. Department of Justice has cleared the planned merger of ATK and Orbital Sciences Corp.
ATK, Orbital Sciences Postpone Merger Vote to Late January
ATK on Nov. 17 said its special due-diligence assessment of Orbital Sciences following the Oct. 28 failure of Orbital’s Antares rocket has concluded that the merger of ATK’s Aerospace and Defense group with Orbital remained a good idea.
Comtech Looking at Sale or Merger Options
The New York-based satellite ground communications equipment manufacturer has been refocusing its business away from the U.S. government since its 2010 loss of a big U.S. Army communications contract.
With ATK Merger, Orbital Would Bring More Satellite and Rocket Work In-House
Thompson says Orbital will bring more satellite and rocket work in-house after union.
Aerojet Rocketdyne Could Lay Off 225 Due to Merger
Aerojet Rocketdyne could lay off as many as 225 employees by March as it streamlines operations.
Spacecom Readies Itself for Possible Sale, Merger
Israeli satellite fleet operator Spacecom has hired an investment bank to evaluate sale or merger options.
U.S. Regulators Clear Aerojet-Pratt & Whitney Rocketdyne Merger
Aerojet parent company GenCorp Inc. purchased Pratt & Whitney Rocketdyne in a $550 million transaction that will leave just two major players standing after more than a decade of consolidation in the U.S. rocket propulsion industry.
