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Northrop wins OK to buy aero firm

Jun 12, 2018 - Star Tribune (Minneapolis, Minnesota)
Board and Executive Moves-Mergers and Acquisitions

Virginia-based Northrop Grumman Corp. completed its $7.8 billion purchase of aerospace and defense company Orbital ATK Inc. after receiving approval from the U.S. Department of Justice antitrust division.

Orbital ATK was created in 2015 after the merger of Alliant Techsystems Inc. - the company spun off from Honeywell, which at one time was based in Eden Prairie - and Virginia-based Orbital Sciences Corp.

For years, Alliant's defense and aerospace business was best known for making p...