$OA (Orbital ATK, Inc.)

$OA {{ '2016-07-26T10:49:50+0000' | timeago}} • Announcement

$OA said it signed an agreement with leading European green propulsion technology firm ECAPS to fully develop, demonstrate and market a high performance green propulsion (HPGP) system. The HPGP system is aimed at both attitude control and main propulsion.

$OA {{ '2017-09-19T14:01:25+0000' | timeago}} • Announcement

$OA received $123MM in orders under production contract Option 2 for the Precision Guidance Kit (PGK) that will continue to deliver PGK’s to the warfighter from the U.S. Army. $OA had previously signed a $69MM production option in July 2016 under the same Option 2.

$NOC {{ '2017-09-18T11:47:52+0000' | timeago}} • Announcement

$NOC has signed an agreement to buy aerospace company $OA for $7.8Bil in cash, plus the assumption of $1.4Bil in debt. Orbital shareholders will get all-cash consideration of $134.50 per share. The transaction, which is expected to close in 1Q18, will be accretive to earnings in first full year, and generate annual cost savings of $150MM by 2020.

$OA {{ '2017-09-05T13:50:07+0000' | timeago}} • Announcement

$OA entered into a partnership agreement with the U.S. Air Force Sustainment Center to help support the nation's most advanced military aircraft. This partnership agreement will facilitate strategic teaming to address future composite aerostructure needs on new aircraft platforms or the Maintenance, Repair and Overhaul (MRO) of existing platforms.

$OA {{ '2017-08-10T14:30:11+0000' | timeago}} • Announcement

$OA, an aerospace and defense technology firm, has declared a dividend of $0.32 per share on its common stock. The dividend is payable on September 21, 2017, to shareholders of record on September 6, 2017.

$OA {{ '2017-07-12T17:06:01+0000' | timeago}} • Announcement

$OA has signed multiple, long-term agreements with premier commercial ammunition suppliers, valued about $400MM over a three-year period. The agreements span from 2018 to 2020 and provide flexibility to optimize factory operations and best support customer needs and market demands.

$OA {{ '2017-07-12T12:54:51+0000' | timeago}} • Announcement

$OA received a follow-on Rocket Motor Technical Services (RMTS) contract from the U.S. Missile Defense Agency (MDA) Targets and Countermeasures Directorate. Under the contract, $OA will primarily support MDA in the sustainment of Trident I (C4) and Orion motors for use in MDA targets and interceptor vehicles.

$OA {{ '2017-06-29T13:46:25+0000' | timeago}} • Announcement

$OA has received a contract from the US government to repair trainer aircraft for the Iraqi Air Force to continue their security mission. The trainer aircraft include 12 Cessna 172 Skyhawks and five Cessna Caravans.

$OA {{ '2017-06-21T12:51:49+0000' | timeago}} • Announcement

$OA completed testing and characterization of its ShotFinder Acoustic Hostile-Fire Indication System on a fixed-wing aircraft. The ShotFinder system, installed on Cessna Grand Caravan aircraft configured for intelligence, surveillance and reconnaissance, collected ambient acoustic data while aircraft was being subjected to operating scenarios.

$OA {{ '2017-06-21T10:44:45+0000' | timeago}} • Announcement

$OA closed analysis of the critical components demonstrated in the Orion Launch Abort System Attitude Control Motor (ACM) test conducted at the company's Elkton, Maryland, facility. Results from the test indicate the motor's HT-11 'High Thrust' test was fully successful.

$OA {{ '2017-06-19T13:07:19+0000' | timeago}} • Announcement

Aerospace and defense technologies company $OA appointed Rick Mastracchio as the Senior Director of Operations for the Commercial Resupply Services program of its Space Systems Group. Mastracchio will also support other Human Space Systems programs, including $OA's exploration pursuits beyond low earth orbit.

$OA {{ '2017-06-06T14:25:41+0000' | timeago}} • Announcement

Aerospace technology firm $OA has entered into a partnership agreement with US Air Force Ogden Air Logistics Complex in Clearfield, Utah. Under the deal, complimentary and composite aerostructure design, manufacturing and inspection capabilities will be brought together at the OO-ALC and Orbital’s Clearfield-based Aerospace Structures Division.

$OA {{ '2017-06-05T12:41:24+0000' | timeago}} • Announcement

$OA announced that its Cygnus spacecraft successfully unberthed from the International Space Station, beginning the next phase of its mission before it reenters Earth’s atmosphere. The OA-7 mission began on April 18 when Cygnus launched aboard a United Launch Alliance Atlas V rocket from Cape Canaveral Air Force Station.

$OA {{ '2017-05-30T12:48:24+0000' | timeago}} • Announcement

$OA has received an initial $90MM contract from $NOC to produce composite components for the B-2 Spirit stealth bomber with an option for follow-on orders. The contract is valid for five years.

$OA {{ '2017-05-24T13:07:54+0000' | timeago}} • Announcement

$OA received orders totaling $76MM for .50 caliber ammunition from the U.S. Army. The orders were placed under $OA's supply contract to produce small-caliber ammunition for the U.S. government at the Lake City Army Ammunition Plant in Independence, Missouri.

$OA {{ '2017-05-15T12:48:46+0000' | timeago}} • Announcement

$OA has received contracts valued at $53MM to produce large caliber training ammunition for the US Army. The contracts include production of new M1002 and M724A2 rounds to fill inventories and the recapitalization of existing M865 and M1002 rounds to extend their service life.

$OA {{ '2017-05-11T17:20:00+0000' | timeago}} • Webcast

$OA stated that the weakness in the commercial satellite sector has been largely offset by stronger government demand both in the defense market and in the civil and scientific areas. The company believes the outlook on the commercial side is going to be fairly weak in the near future.

$OA {{ '2017-05-11T17:08:05+0000' | timeago}} • Webcast

$OA said international orders have contributed about 40% of total bookings to date in 2017. The company expects it will represent 25-30% of full-year 2017 orders and this would be a substantial improvement from 2016 when international orders accounted for only about 15% of new bookings.

$OA {{ '2017-05-11T10:46:14+0000' | timeago}} • Announcement

$OA's revenues from Flight Systems Group increased 4.8% to $371MM in 1Q17, due to higher activity in the Aerospace Structures Division. In Defense Systems Group, revenue rose to $451MM from $431MM in the year-ago period. Meanwhile, Space Systems Group revenue spiked 5.2% to $301MM.

$OA {{ '2017-05-11T10:40:44+0000' | timeago}} • Announcement

In FY17, $OA sees revenue in the range of $4.55-4.625Bil and earnings in the range of $5.80-6.20 per share. Capex is projected to be about $225MM during the period.

$OA {{ '2017-05-11T10:36:29+0000' | timeago}} • Announcement

In 1Q17, $OA booked approx $1.64Bil in new firm and option orders. In addition, it received about $410MM in option exercises under existing contracts. As of April 2, 2017, $OA's firm backlog was approx $9.8Bil, up 12% YoY.

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