ATK and Orbital Sciences, two major players in the defense industry's relatively limited space systems sector, announced April 29 that they will merge into a single company. Orbital, which provides the Defense Department with space launch and satellite support, among other services, said in a statement that the combined company brought in $4.5 billion in revenue in calendar year 2013. A nearly identical notice from ATK indicates that the company will spin off a portion of its business relating to...
