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Counter-Interference Force

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2010-03-08

Orbital Sciences announced last week it was purchasing the satellite manufacturing unit of General Dynamics. Orbital is paying $55 million in cash, and officials expect to close the deal by early April, according to Garrett Pierce, Orbital vice chairman and chief financial officer. Orbital leaders said the acquisition will add about $50 million in revenue this year, plus up to $100 million to the company's bottom line in 2011.
Posted by rlssec
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