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OA $134.5

OA target price
134.50
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Orbital ATK Inc.
Type
Public
Traded as NYSE: OA
S&P 400 Component
Industry
  • Aerospace
  • Defense
Predecessors
  • Alliant Techsystems
  • Orbital Sciences Corporation
Founded February 9, 2015 (2015-02-09)
Headquarters 45101 Warp Drive, Dulles, Virginia, United States
Area served
Worldwide
Key people
  • David W. Thompson (President and CEO)
  • Blake E. Larson (COO)
  • Garrett E. Pierce (CFO)
  • Antonio L. Elias (CTO)
Revenue DecreaseUS$4.455 billion (2016)
Net income
IncreaseUS293 million (2016)
Total assets IncreaseUS5.418 billion (2016)
Total equity Increase1.817 billion (2016)
Number of employees
~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.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

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

Major Shareholders

Name Relationship Total Shares Holding stocks