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Orbital ATK Posts Strong First Quarter Results

By Cal Biesecker

Thursday, May 3rd, 2018

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Orbital ATK Posts Strong First Quarter Results

Orbital ATK [OA] on Thursday reported strong first quarter financial results with solid double-digit increases in the top and bottom lines in what might be the company’s last earnings release ahead of its acquisition by Northrop Grumman [NOC].Sales increased 21 percent to $1.3 billion from $1.1 billion a year ago, with all three of the company’s operating segments contributing to the result. Rampups in major aircraft programs, defense electronics, armament and small caliber systems, and satellite work all factored in…

Congress

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