Northrop Grumman to acquire Orbital ATK to expand capabilities and accelerate innovation

Northrop Grumman Corp., Falls Church, Va., a leading global security company; and Orbital ATK Inc., Dulles, Va., a global leader in aerospace and defense technologies, announce that they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt.