Northrop Grumman Innovation Systems
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Nearly a year after Northrop Grumman’s acquisition of Orbital ATK closed, company executives say they’re getting the benefits they expected from the deal in terms of cost savings and new business.
“For the first time since the initial launch of the system over 20 years ago, zero traffic is going through the old satellites,” Matt Desch, CEO of Iridium, said Feb. 6 at the National Press Club here.
Northrop Grumman executives said Jan. 31 that the integration of the former Orbital ATK into the company is largely going according to plan but warned there could be financial impacts to the company if there is another government shutdown.
Maxar Technologies' SSL, Sierra Nevada Corp. and Northrop Grumman Innovation Systems were selected to compete for future small satellite development contracts that could be worth up to $750 million.
Faced with growing competition from startups entering the field, Northrop Grumman Innovation Systems is looking to reduce costs on its existing Pegasus and Minotaur rockets.
Whoever signs up for one of two certification flights for the Omega rocket, will get a ride “at a reduced rate."
In the wake of Northrop-Orbital merger, Aerojet’s solid rocket engine business teetering on the brink
There are now technically two companies that still manufacture large solid rockets for military ICBMs. The industry is poised to become a monopoly, however, as Aerojet’s large solid rocket motor business is on not-so-solid ground.
The U.S. Federal Trade Commission has cleared Northrop Grumman's $7.8 billion purchase of defense and space contractor Orbital ATK.