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April 30, 2014
07:19 EDTATK, ORBOrbital Sciences move positive, says Stifel
After Orbital (ORB) and ATK (ATK) announced that their defense and aerospace units would merge, Stifel thinks the transaction will enable Orbital to significantly increase its rocket and satellite capabilities, allowing it to compete more effectively against larger companies. The firm keeps a Buy rating on Orbital.
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