Orbital ATK inks deal with Space Systems/Loral for satellite propellant tanks

Orbital ATK, Inc. (NYSE: OA) said it recently signed a contract with Space Systems/Loral (SSL) to produce flight sets consisting of two propellant tanks for the SSL 1300, a space-proven platform designed to accommodate evolving technology and innovation in satellite services.

The five-year contract continues a 27-year relationship with SSL for satellite fuel tanks produced by Orbital ATK´s Space Components Division in Commerce, California.

The SSL 1300 is a world-leading platform for commercial satellites, which are used for services such as direct-to-home television, video content distribution, broadband internet and mobile communications.

Since the early 1990s, Orbital ATK has supplied all of the flight sets for the SSL 1300.

Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs more than 12,000 people in 18 states across the US and in several international locations.