Northrop Grumman to buy space firm Orbital for $9.2 bn

US defense group Northrop Grumman will buy out the rocket and missile maker Orbital ATK in a deal worth $9.2 billion, the firms said on Monday. The announcement comes around two weeks after industrial conglomerate United Technologies acquired aerospace supplier Rockwell Collins in a $30 billion deal. "Northrop Grumman will acquire...

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