ATK Reviewing Merger with Orbital after Failed Rocket Launch

摘要

ATK senior managers are reviewing the planned merger of the company’s aerospace and defense divisions withrnOrbital Sciences after Orbital’s Antares rocket exploded during liftoff on Oct. 28 at Wallops Island, Va. ATK CEOrnMark DeYoung delivered the information during the company’s Oct. 30 Q2 FY15 investor earnings conference call. ATK—whose defense arm manufactures propulsion systems for Minuteman 3 and Trident 2 missiles, andrnwhose Launch Systems division is one of four businesses composing the Consolidated Nuclear Security team thatrnmanages the Y-12 and Pantex facilities—is currently expected to acquire Orbital by Jan. 31, 2015, according tornSEC filings.