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Commercialization

ATK and Orbital Still Plan To Tie The Knot

By Keith Cowing
November 19, 2014
Filed under , ,

ATK and Orbital Continue to Support Plans for Merger
“Following this announcement on October 28, 2014, a failure occurred during Orbital’s Antares launch.  Since the incident, the companies have conducted a thorough review and analysis of the launch failure and Orbital’s proposed recovery plan and long-term competitive position.  Following this review, ATK’s board of directors continues to support the strategic merits of the transaction and recommends that ATK stockholders vote to approve the issuance of shares to Orbital stockholders. Orbital’s board of directors also continues to recommend that Orbital stockholders vote to approve the proposed transaction.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.