The all-cash deal comes as North Korea tests threatening missiles and nuclear weapons, heightening tensions with the United States and its allies. “Clearly, as we watch what’s happening around our globe, the rather rapid advance of some of our potential adversaries is quite concerning,” Northrop Chief Executive Wes Bush said on a call with analysts. Although Northrop already has a significant presence in payloads, it has not had launcher capability, an area that Orbital brings for both space and missile defence, Vertical Research Partners analyst Robert Stallard said on Monday.

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