By Elias Schisgall
Northrop Grumman petitioned the Federal Trade Commission to drop a 20-year consent order imposed on the company in connection with its acquisition of Ortibal ATK.
In 2018, the FTC issued an order that alleged that there was a duopoly in the market to supply solid rocket motors. It noted that the acquisition would make Northrop Grumman both an SRM supplier and a player in the missile system prime contract market. As a result, it imposed non-discrimination and information protection obligations in certain markets as a condition of clearing the $7.8 billion acquisition.
Since 2018, the SRM market has changed substantially, going from "a market with two major suppliers into one filled with new entrants and competitively funded by both government and private investment," Northrop Grumman said in its petition.
"Given these developments, setting aside the Order will not harm competition," the defense contractor said. "These changed conditions spurred by market participants overcoming barriers to entry and increased demand have eliminated any possible incentive Northrop Grumman may have had to discriminate in the provision of SRMs."
The company's petition was published by the FTC on Thursday, opening a 30-day public comment period.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
April 02, 2026 17:15 ET (21:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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