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. Blake Larson will serve as corporate vice president and president of Northrop Grumman Innovation Systems.

    As a condition for the approval of the merger, the company will have to supply solid rocket motors "on a non-discriminatory basis under specified circumstances," the FTC ruled.

posted by francopoli: 343 days ago