Northrop–Orbital ATK approved with conditions (2018)
Northrop Grumman bought Orbital ATK, a leading solid-rocket-motor maker, for $9.2 billion. The FTC feared Northrop could cut off rival missile bidders. It approved the deal anyway, with strings attached.
The FTC required Northrop to supply rocket motors to competitors on non-discriminatory terms, watched by a compliance monitor.
The behavioral remedy became a template for clearing defense mergers where a prime absorbs a critical parts supplier.
It maps the middle path for the Ultra deal: not a block, but a supply guarantee to keep rivals in the game.
