Sign In
Search
Business/Financial

Orbital ATK Posts Strong Fourth Quarter Results

Cal Biesecker By
SHARE:
Orbital ATK Posts Strong Fourth Quarter Results
An Orbital ATK Antares launch vehicle lifts off from Wallops Island, Va. Photo: Orbital ATK

Orbital ATK [OA] on Wednesday posted preliminary results for its fourth quarter with double-digit increases in both earnings and sales.Net income rose 17 percent to $62.1 million, $1.08 earnings per share (EPS), from $53.3 million (89 cents EPS) a year ago. Sales increased 11 percent to a record $1.3 billion from $1.1 billion a year ago. Operating margin was 9 percent, up from 8.2 percent a year ago.Excluding costs associated with the merger of the Orbital Sciences and Alliant Techsystems…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

Pentagon Plans $65 Million Effort To Integrate PAC-3 MSEs Onto Navy Destroyers

Business/Financial

Trump Says Defense CEOs Agree To Rapidly Quadruple Production Of ‘Exquisite Class’ Weapons

Defense Watch

Defense Watch: Parts Framework, Canadian CCA, PWSA Ideas, Startup Raises

Air Force

Significant Department Of Air Force Readiness Boost May Come from Process Automation, Epsilon3 Exec Says

Trending

U.S. CENTCOM Confirms First Combat Use Of Lockheed-Built PrSM In Iran Strikes
AeroVironment Investing In Albuquerque Expansion As SCAR Negotiations Continue
X-Bow Begins Hot-Firings Of Large Solid Rocket Motor For Hypersonic Applications
RG-XX To Highlight New Space Force Acquisition Approach
Defense Watch: Black Arrow and Blackbeard, Jordan KuMRFS, Epirus and DFT

Congress Updates

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume