Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, and IMI Systems Ltd. have announced a teaming agreement in which Orbital ATK will produce and supply a U.S. version of IMI’s 500-lb Multi-Purpose Rigid Bomb (MPR500) and the MPR family of bombs for the United States. With today’s warfighting landscape shifting to an increasingly asymmetric environment, there is a growing demand for high versatility, high reliability and low collateral damage precision weapons with a ...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today reported financial results for the first quarter ended April 1, 2018. Orbital ATK generated revenues of $1,312 million in the first quarter of 2018, up 20.9% from $1,085 million in the first quarter of 2017. Income from operations(1) and operating margin were $153.6 million and 11.7%, respectively, compared to $121.1 million and 11.2%, respectively, in the first quarter of 2017. The company reported first ...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that its Board of Directors has declared a dividend of $0.32 per share to be paid on May 17, 2018 to shareholders of record as of the close of business on May 11, 2018. Orbital ATK’s previous dividend of $0.32 was paid on March 1, 2018. About Orbital ATK Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviat...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, announced today that the company has produced 25,000 M1156 Precision Guidance Kits (PGK) for the United States Army and Marine Corps. The GPS guidance kit reduces the ballistic dispersion of conventional 155mm artillery projectiles - transforming them into near-precision weapons. “PGK is an example of how leveraging existing weapons systems and transforming them with incremental technology enhancements can deliver ...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, announced today the successful completion of three consecutive ground-based static firings of a tactical, air-launched high performance propellant rocket motor – the first-ever and one of the largest of its class to be designed, built and static tested at hot and cold extreme conditions. With this test, Orbital ATK has successfully demonstrated materials and technologies applicable to future air-launched, high speed weapon sys...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced that it will report its first quarter 2018 financial results on Thursday, May 3, 2018, prior to the opening of the market. The company will not conduct a conference call to discuss the quarterly results due to the pending acquisition of Orbital ATK by Northrop Grumman. About Orbital ATK Orbital ATK is a global leader in aerospace and defense technologies. The company designs, buil...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, has successfully demonstrated its new advanced missile warhead designed to survive in high temperature environments and function at hyper velocities. Using decades of experience in developing and fielding advanced warheads, Orbital ATK designed, built and validated the new missile warhead for hypersonic speeds in less than 60 days. This press release features multimedia. View the full release here: https://www.businesswire.com...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, announced that the Transiting Exoplanet Survey Satellite (TESS), built by the company for NASA, was successfully launched today aboard a SpaceX Falcon 9 rocket. As the first-ever exoplanet satellite to perform a survey of the entire sky, TESS will identify planets ranging from Earth-sized to Jupiter-sized, orbiting a wide range of stellar types and in various orbital regimes. The principal goal of the TESS mission is to use fo...
DULLES, Va.--(BUSINESS WIRE)-- During the 34th annual Space Symposium in Colorado Springs, Colorado, Orbital ATK (NYSE:OA), a global leader in aerospace and defense technologies, today provided a detailed update on the important progress being made on its Next Generation Launch System. The company reaffirmed its commitment to the U.S. Air Force’s Evolved Expendable Launch Vehicle (EELV) program for national security space missions with the announcement of the name of the rocket, OmegA, and the selection of its upper stage propulsion s...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, designed the EAGLE (ESPA Augmented Geostationary Laboratory Experiment) experimental satellite for the U.S. Air Force’s AFSPC-11 mission that successfully launched on United Launch Alliance’s Atlas V vehicle April 14 from Cape Canaveral Air Force Station, Florida. The AFSCPC-11 mission included a second company designed satellite, Mycroft, which is among several Department of Defense experiments hosted on the EAGLE platform as...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, announced today that it has received new orders totaling more than $115 million to produce small-caliber ammunition for the U.S. Army. The Army placed orders for a variety of 5.56mm, 7.62mm and .50 caliber ammunition, which will be manufactured at the U.S. government-owned, Orbital ATK-operated Lake City Army Ammunition Plant in Independence, Missouri. Orbital ATK is the largest manufacturer of small-caliber ammunitio...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, today announced the HYLAS 4 commercial communications Ka-band satellite, built by the company for Avanti Communications Group plc (Avanti), was successfully launched aboard an Arianespace rocket. HYLAS 4 is the third GEOStar-3™ satellite to be completed by Orbital ATK and will provide high speed and affordable broadband communications to Europe and Africa. This press release features multimedia. View the full release here: htt...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, and Arizona Governor Doug Ducey, today announced the expansion of the company’s production facility in Mesa, Arizona. “Orbital ATK is engineering products that are critical to keeping our nation safe, and the State of Arizona is very proud of our longstanding partnership with the company,” said Governor Doug Ducey. “I thank Orbital ATK for continuing to invest in Arizona and create new, high-wage opportunities for our...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, has been given approval to begin building the NASA Landsat 9 spacecraft after completing a comprehensive design review of the mission. Landsat 9, a land surface mapping satellite, will collect space-based images and data that serve as valuable resources for researchers in areas that include agriculture, land use mapping, and disaster relief. Orbital ATK is designing and manufacturing the satellite, integrating two government-f...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, today announced its plan for the company’s next generation of satellite life extension and in-space servicing products. During a keynote address at the SATELLITE 2018 Conference and Exhibition in Washington, D.C., Orbital ATK President and Chief Executive Officer David W. Thompson and SpaceLogistics President Tom L. Wilson introduced a new robotic servicing system that provides additional options for customers to enhance the v...
DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK, Inc. (NYSE:OA), a global leader in aerospace and defense technologies, today reported financial results for the fourth quarter and full year ended December 31, 2017. Orbital ATK reported revenues of $1,348 million in the fourth quarter of 2017, up 6.0% from $1,272 million in the fourth quarter of 2016. Income from operations(2) and operating margin were $140.4 million and 10.4%, respectively, compared to $113.1 million and 8.9%, respectively, in the fourth quarter of 2016. The compa...
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