Orbital ATK owners approves Northrop Grumman acquisition offer

Akij Group

Northrop Grumman Corporation said shareholders of Orbital ATK have approved the company’s proposed acquisition of Orbital ATK.

The company said in a statement that “We are delighted to see that Orbital ATK’s shareholders have approved the proposed acquisition,” said Wes Bush, chairman, chief executive officer and president, Northrop Grumman.  “Bringing together these two great companies will benefit our customers, shareholders and employees.

The combination will provide increased competition, greater innovation and a broader set of capabilities, to help our customers solve their toughest challenges.”

Northrop Grumman continues to expect the acquisition to close in the first half of 2018, after receiving regulatory approvals.

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