Following a public comment period, the Federal Trade Commission has approved a modified final order settling charges that Northrop Grumman’s $7.8 billion acquisition of aerospace and defense contractor Orbital ATK likely would be anticompetitive. According to the complaint, which was first announced in June 2018, the acquisition would provide Northrop with the incentive and ability […]
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FTC Imposes Conditions on Northrop Grumman’s Acquisition of Solid Rocket Motor Supplier Orbital ATK, Inc.
The Federal Trade Commission will require Northrop Grumman to supply solid rocket motors, or SRMs, to competitors on a non-discriminatory basis as part of a settlement resolving charges that Northrop’s $7.8 billion acquisition of aerospace and defense contractor Orbital ATK likely would be anticompetitive. The proposed settlement requires Northrop to separate the operation of its […]