Orbital ATK reports flat sales

Orbital ATK, adjusting to reflect the merger that took place last year, said today that 2015 sales hit $4.5 billion, up about 2 percent from the prior year.

Adjusted profit for the year reached $298.9 million, up from $249.3 million in 2014.

The company was buoyed by its space systems group, which saw bolstered sales and revenue. The defense systems group, on the other hand, saw sales for the year decline about 4 percent.