Against a backdrop of a booming defence sector, Northrop Grumman plans to acquire satellite builder Orbital ATK for US$7.8bn in cash, plus US$1.4bn in debt. The companies’ boards have unanimously approved a deal that will see… Against the backdrop of a booming defence sector, Northrop Grumman (NYSE:NOC) plans to buy satellite and aerospace manufacturer Orbital ATK (NYSE:OA) for US$7.8bn […]