Orbital Sciences Corporation, now part of Northrop Grumman Innovation Systems (itself acquired by Northrop Grumman), was a prominent American aerospace manufacturer and space transportation company. While you can no longer find a dedicated “Orbital Sciences” listing on Google Finance, understanding its historical performance and how to interpret similar information for its successors is still valuable. Here’s a breakdown:
Why No Direct Listing?
Orbital Sciences was acquired by Alliant Techsystems (ATK) in 2015, forming Orbital ATK. Subsequently, in 2018, Northrop Grumman acquired Orbital ATK, renaming it Northrop Grumman Innovation Systems. This division is now deeply integrated within Northrop Grumman (NYSE: NOC). Therefore, Orbital Sciences ceased to exist as a separate, publicly traded entity.
Finding Related Financial Information Today
To get insights into the business formerly conducted by Orbital Sciences, you need to examine the financial reports and data for Northrop Grumman (NOC). Here’s how to leverage Google Finance and other resources:
- Search for Northrop Grumman (NOC): On Google Finance, search for “Northrop Grumman” or its stock ticker “NOC.” This will provide you with real-time stock prices, charts, news, and financial statements.
- Analyze Financial Statements: Focus on Northrop Grumman’s quarterly and annual reports (10-Q and 10-K filings with the SEC). Look for segments related to space systems, launch vehicles, or defense technology. These sections often contain information about the performance of the businesses that were formerly part of Orbital Sciences.
- Review Earnings Call Transcripts: Northrop Grumman holds quarterly earnings calls with analysts. Transcripts of these calls, often available on investor relations websites or through financial news providers, can provide valuable insights into the performance and future outlook of specific business units, including those with roots in Orbital Sciences. Listen for mentions of key contracts, technological advancements, or market trends related to space and defense.
- Explore Analyst Reports: Financial analysts who cover Northrop Grumman often publish reports that break down the company’s performance by segment. These reports can offer detailed analysis and projections for the business units that have evolved from Orbital Sciences. While some reports require subscriptions, many summaries and key insights are often available for free.
- Track Relevant News: Monitor news articles and press releases related to Northrop Grumman’s space systems, launch vehicles, and defense technology. This can provide context for understanding the company’s current activities and future plans in areas that were previously central to Orbital Sciences’ business.
Key Areas to Focus On
When researching Northrop Grumman’s financials for information related to Orbital Sciences’ legacy, pay attention to:
- Space Systems Segment: This segment is the most likely to include businesses that were originally part of Orbital Sciences, such as satellite manufacturing and launch services.
- Government Contracts: Orbital Sciences was heavily reliant on government contracts. Track Northrop Grumman’s awards and performance in this area.
- Technology Development: Look for news and reports on advancements in areas like rocket propulsion, satellite technology, and defense systems. These technologies are critical to the long-term success of the former Orbital Sciences businesses.
By combining information from Google Finance (for NOC) with in-depth research of Northrop Grumman’s financial statements, analyst reports, and news coverage, you can gain a comprehensive understanding of the financial performance and future prospects of the businesses that once comprised Orbital Sciences Corporation.