Type
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Public |
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Traded as | NYSE: OA S&P 400 Component |
Industry |
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Predecessors |
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Founded | February 9, 2015 (2015-02-09) |
Headquarters | 45101 Warp Drive, Dulles, Virginia, United States |
Area served
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Worldwide |
Key people
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|
Revenue | US$4.455 billion (2016) |
Net income
|
US293 million (2016) |
Total assets | US5.418 billion (2016) |
Total equity | 1.817 billion (2016) |
Number of employees
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~12,500 (2016) |
Website | www.orbitalatk.com |
Orbital ATK Inc. is an American aerospace manufacturer and defense industry company. It was formed in 2015 from the merger of Orbital Sciences Corporation and parts of Alliant Techsystems. Orbital ATK designs, builds and delivers space, defense and aviation-related systems to customers around the world both as a prime contractor and as a merchant supplier. It has workforce of approximately 12,000 employees dedicated to aerospace and defense including about 4,000 engineers and scientists; 7,000 manufacturing and operations specialists; and 1,000 management and administration personnel.
A merger of Orbital Sciences Corporation and the defense and aerospace divisions of Alliant Techsystems (ATK) was announced on April 29, 2014. The two companies had collaborated on several previous projects, including the use of 400 ATK rocket motors in Orbital's launch vehicles. The deal officially closed on February 9, 2015. ATK's sporting-goods division spun off to form Vista Outdoor on the same day.
On September 18, 2017, Northrop Grumman announced plans to purchase Orbital ATK for $7.8 billion in cash plus assumption of $1.4 billion in debt, pending approval by Orbital ATK shareholders and regulators.
Based in Chandler, Arizona, the Flight Systems Group includes the Pegasus, Minotaur, and Antares launch vehicles as well as solid-propulsion and aerostructures programs. The company also operates a Lockheed L-1011 TriStar wide body jetliner which is named Stargazer and is used to air launch Pegasus rockets carrying payloads into space. The Stargazer aircraft is also used for testing under specific programs.
The Defense Systems Group, based in the Baltimore, Maryland area, produces tactical missiles, defense electronics, and medium- and large-caliber ammunition. The division also produces fuzing and warheads for both tactical missiles and munitions; precision metal and composite structures for medium and large-caliber ammunition, military aircraft, ground vehicles, and missile systems; load, assembly, and pack (LAP) of medium caliber munitions; and propellants and powders for the canister and commercial markets.
Orbital ATK's Space Systems Group provides satellites for commercial, scientific, and security purposes. This group also produces the Cygnus spacecraft, which delivers cargo to the International Space Station. The group is based at the company's headquarters in Dulles, Virginia.
2016-05-25 | Reiterated Rating | Argus | Buy | |
2016-05-08 | Reiterated Rating | Jefferies Group | Buy | |
2016-04-12 | Boost Price Target | Goldman Sachs | Buy | $103.00 to $107.00 |
2016-04-12 | Boost Price Target | Cowen and Company | Outperform | $90.00 to $93.00 |
2016-04-12 | Boost Price Target | Goldman Sachs Group Inc. | Buy | $103.00 to $107.00 |
2016-03-02 | Lower Price Target | Goldman Sachs | Buy | $109.00 to $103.00 |
2016-03-02 | Lower Price Target | Credit Suisse | Outperform | $102.00 to $100.00 |
2016-03-02 | Lower Price Target | Cowen and Company | Outperform | $96.00 to $90.00 |
2016-03-02 | Lower Price Target | Stifel Nicolaus | Buy | $100.00 to $95.00 |
2016-03-02 | Lower Price Target | Credit Suisse Group AG | Outperform | $102.00 to $100.00 |
2016-02-26 | Boost Price Target | Goldman Sachs | $106.00 to $109.00 | |
2016-02-08 | Upgrade | KeyBanc | Sector Weight to Overweight | $85.16 to $106.00 |
2016-02-08 | Upgrade | KeyCorp | Sector Weight to Overweight | $85.16 to $106.00 |
2016-01-15 | Boost Price Target | Credit Suisse | $99.00 to $102.00 | |
2016-01-14 | Reiterated Rating | Jefferies Group | Buy | $100.00 |
2016-01-04 | Upgrade | Goldman Sachs | Buy to Conviction-Buy | $109.00 to $104.00 |
2016-01-04 | Boost Price Target | Barclays | Overweight | $100.00 to $109.00 |
2016-01-04 | Boost Price Target | Barclays PLC | Overweight | $100.00 to $109.00 |
2015-12-28 | Initiated Coverage | CL King | Buy | |
2015-12-22 | Initiated Coverage | CL King | Buy | $102.00 |
2015-12-13 | Reiterated Rating | Cowen and Company | Buy | |
2015-12-11 | Boost Price Target | Cowen and Company | Outperform | $90.00 to $95.00 |
2015-10-25 | Reiterated Rating | Cowen and Company | Buy | $86.00 to $96.00 |
2015-10-23 | Boost Price Target | Cowen and Company | $86.00 to $90.00 | |
2015-09-08 | Upgrade | Goldman Sachs | Neutral to Buy | $80.00 to $91.00 |
2015-08-11 | Upgrade | Argus | Hold to Buy | $95.00 |
2015-07-02 | Reiterated Rating | Barclays | Overweight | $100.00 |
2015-05-23 | Reiterated Rating | Jefferies Group | Buy | $77.00 to $90.00 |
2015-05-07 | Initiated Coverage | Cowen and Company | Outperform | $86.00 |
2015-03-25 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | $85.00 to $80.00 |
2015-03-25 | Downgrade | Wells Fargo | Outperform to Market Perform | $85.00 to $80.00 |
2015-03-11 | Boost Price Target | Credit Suisse | Outperform | $61.04 to $87.00 |
2015-03-10 | Upgrade | Barclays | Equal Weight to Overweight | $145.00 to $100.00 |
2015-02-20 | Boost Price Target | Jefferies Group | Buy | $74.00 to $77.00 |
2015-02-11 | Initiated Coverage | Stifel Nicolaus | Buy | $75.00 |
2015-02-11 | Initiated Coverage | Wells Fargo & Co. | Outperform | |
2015-02-11 | Initiated Coverage | Wells Fargo | Outperform | |
2015-02-09 | Reiterated Rating | Jefferies Group | Hold | $150.00 to $154.00 |
2015-01-26 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $150.00 to $145.00 |
2015-01-26 | Boost Price Target | Jefferies Group | Hold | $126.00 to $150.00 |
2014-11-17 | Upgrade | Monness Crespi & Hardt | Neutral to Buy | $153.00 |
2014-11-13 | Downgrade | Argus | Buy to Hold | |
2014-11-05 | Reiterated Rating | Credit Suisse | Outperform | $177.00 to $131.00 |
2014-11-03 | Reiterated Rating | Barclays | Equal Weight | $160.00 to $145.00 |
2014-11-03 | Downgrade | RBC Capital | Outperform to Sector Perform | $155.00 to $125.00 |
2014-11-03 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $155.00 to $125.00 |
2014-08-01 | Lower Price Target | RBC Capital | $170.00 to $155.00 | |
2014-08-01 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $150.00 to $158.00 |
2014-05-29 | Lower Price Target | JPMorgan Chase & Co. | $162.00 to $150.00 | |
2014-05-19 | Downgrade | Monness Crespi & Hardt | Buy to Neutral | |
2014-05-19 | Downgrade | Goldman Sachs | Buy to Neutral | $146.00 |
2014-05-16 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $158.00 to $162.00 |
2014-05-08 | Boost Price Target | Argus | Buy | $165.00 to $178.00 |
2014-04-30 | Reiterated Rating | Barclays | Equal Weight | $160.00 |
2014-04-30 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $147.00 to $158.00 |
2014-04-10 | Boost Price Target | Cowen and Company | Market Perform | $140.00 to $150.00 |
2014-04-04 | Boost Price Target | Monness Crespi & Hardt | $140.00 to $157.00 | |
2014-03-18 | Boost Price Target | RBC Capital | $170.00 | |
2014-03-13 | Upgrade | Barclays | Underweight to Equal Weight | $95.00 to $157.00 |
2014-02-14 | Downgrade | Cowen and Company | Outperform to Market Perform | $150.00 to $140.00 |
2014-01-31 | Boost Price Target | Credit Suisse | $148.00 to $160.00 | |
2014-01-31 | Boost Price Target | FBR & Co. | $115.00 to $145.00 | |
2014-01-31 | Boost Price Target | Jefferies Group | $130.00 to $147.00 | |
2014-01-31 | Boost Price Target | RBC Capital | Outperform | $148.00 to $160.00 |
2014-01-10 | Upgrade | Argus | Hold to Buy | $125.25 to $139.00 |
2013-12-09 | Boost Price Target | Monness Crespi & Hardt | Buy | $120.00 to $140.00 |
2013-12-04 | Boost Price Target | RBC Capital | Outperform | $134.00 to $142.00 |
2013-11-13 | Boost Price Target | Jefferies Group | Hold | $100.00 to $130.00 |
2013-11-13 | Upgrade | Credit Suisse | Neutral to Outperform | $111.00 to $148.00 |
2013-11-08 | Boost Price Target | RBC Capital | Outperform | $122.00 to $134.00 |
2013-11-08 | Boost Price Target | FBR & Co. | Market Perform | $90.00 to $115.00 |
2013-10-23 | Boost Price Target | Monness Crespi & Hardt | Buy | $104.00 to $120.00 |
2013-10-22 | Upgrade | Cowen and Company | Market Perform to Outperform | |
2013-10-17 | Upgrade | RBC Capital | Sector Perform to Outperform | $109.00 to $122.00 |
2013-10-14 | Reiterated Rating | JPMorgan Chase & Co. | Buy | $115.00 |
2013-10-14 | Boost Price Target | Barclays | Underweight | $90.00 to $95.00 |
2016-05-25 | Reiterated Rating | Argus | Buy | |
2016-05-08 | Reiterated Rating | Jefferies Group | Buy | |
2016-04-12 | Boost Price Target | Goldman Sachs | Buy | $103.00 to $107.00 |
2016-04-12 | Boost Price Target | Cowen and Company | Outperform | $90.00 to $93.00 |
2016-04-12 | Boost Price Target | Goldman Sachs Group Inc. | Buy | $103.00 to $107.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In OA 27 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 2.74M |
BlackRock Institutional Trust Company, N.A. | 1.69M |
MANAGED ACCOUNT ADVISORS LLC | 0.57M |
BlackRock Investment Management, LLC | 0.21M |
RUSSELL FRANK CO/ | 0.10M |
KEELEY ASSET MANAGEMENT CORP | 94581 |
JANUS CAPITAL MANAGEMENT LLC | 35700 |
BLACKROCK ADVISORS LLC | 34158 |
BlackRock Group LTD | 25156 |
Cantab Capital Partners LLP | 21336 |
Airain ltd | 14772 |
Matterhorn Capital Management, LLC | 12857 |
STERNE AGEE GROUP, INC. | 12626 |
CITY NATIONAL BANK | 11855 |
VTL Associates, LLC | 9692 |