#Orbital

Orbital ATK, the defense contractor who manages and operates the Lake City Army Ammunition Plant, will soon be bought by defense giant Northrop Grumman, according to an article released on Reuters. The purchase price is expected to be close to $8 billion USD. From Reuters:

In a new twist to the ongoing story of the US Army’s XM25 CTDE “Punisher” airburst infantry grenade launcher, Orbital ATK, a technology partner on the program, has sued fellow partner Heckler & Koch for failure to deliver 20 units of the new weapon. Orbital ATK is seeking more than $27 million in damages from H&K, and transfer of some intellectual property to another contractor. Orbital ATK says that Heckler & Koch’s failure to deliver the weapons has jeopardized its contract with the US government, raising the chance of program termination, and at least causing a substantial delay.