Technology | 2010.03.04
Orbital to Acquire General Dynamics’ Satellite Development and Manufacturing Business
DULLES, Va.--(BUSINESS WIRE)--Orbital Sciences Corporation (NYSE: ORB), one of the world’s leading space technology companies, today announced that it has reached a definitive agreement to acquire the spacecraft development and manufacturing business of General Dynamics Corporation’s (NYSE: GD) subsidiary, GD Advanced Information Systems. The transaction is subject to customary closing conditions and is expected to close in approximately four weeks. Houlihan Lokey advised Orbital in
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