Northrop Grumman to buy missile maker Orbital for $7.8 billion

U.S. defense contractor Northrop Grumman Corp (NOC.N) said on Monday it would buy Orbital ATK Inc (OA.N) for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets.

U.S. defense contractor Northrop Grumman Corp (NOC.N) said on Monday it would buy Orbital ATK Inc (OA.N) for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets.