
ATK [ATK] President and CEO Mark DeYoung on Wednesday said his company and its board of directors believe that Orbital Sciences [ORB] has a sound recovery plan for NASA’s cargo resupply missions to the International Space Station following a launch vehicle failure in October and that the financial risks to Orbital going forward are minimal. Both companies announced on Tuesday that plans for a merger of the two remains on track, although it will be delayed about two months until…