Did Northrop Grumman buy orbital TK?

Credit: Orbital ATK WASHINGTON — The U.S. Federal Trade Commission on Tuesday announced it has cleared Northrop Grumman’s $7.8 billion purchase of defense and space contractor Orbital ATK. Orbital ATK will become Northrop Grumman’s fourth business sector, named Northrop Grumman Innovation Systems.

Will Orbital ATK become Northrop Grumman's fourth business sector?

Orbital ATK will become Northrop Grumman’s fourth business sector. OmegA, the rocket formerly known as Next Generation Launch system, is Orbital ATK's answer to intermediate and heavy-lift launchers in the works at ULA, SpaceX and Blue Origin. Credit: Orbital ATK

What is Northrop Grumman's fourth business sector?

Orbital ATK will become Northrop Grumman’s fourth business sector, named Northrop Grumman Innovation Systems. The other three are Aerospace Systems, Mission Systems and Technology Services. With the addition, Northrop Grumman’s sales for 2018 should reach $30 billion.