An Introduction to Orbital ATK, Inc. Company Overview Presentation - PDF document

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 An Introduction to Orbital ATK, Inc. Company Overview Presentation to the Aerospace and Defense Forum Arnie Streland 20 February 2015 Orbital ATK, Inc. – Overview Feb2015 1 Introducing the New Orbital ATK Aerospace Systems Defense Systems Innovation… Delivered The Partner You Can Count On � $4.5 Billion (2013 Pro-Forma Revenue) Global Aerospace and Defense Systems Company Innovative, Affordable Products for Government and Commercial Customers � � Launch Vehicles, Propulsion Systems and Aerospace Structures � Missile Products, Defense Electronics, Armament Systems and Ammunition � Satellites, Space Components and Technical Services 12,500 Employees, Including 4,300 Engineers and Scientists � � R&D, Production and Test Facilities in 17 States Orbital ATK, Inc. - Overview Feb2015 2 1

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 Core Values and Guiding Principles Safety , reliability and integrity are our highest priorities, the three absolutes in all our activities. We are also intensely focused on affordability , achieved through continuing investment in innovation and sustained commitment to execution excellence. For our customers , we will always For our investors , we will act with integrity and responsiveness, manage our business with working to earn and maintain their discipline and deploy its capital loyalty every day. to enhance long-term returns to shareholders. For our employees , we will For our suppliers , we will be encourage the highest levels of honest and fair, seeking engagement , diligence and opportunities for beneficial creativity, and reward their collaboration in long-term dedication and teamwork. alliances. For our country , we are proudly patriotic and deeply grateful to those who defend our freedom. In addition, we are an involved and responsible corporate citizen of the communities where we live and work. Orbital ATK, Inc. - Overview Feb2015 3 Major Customers and Market Segments 26% Commercial/ International 56% 18% National Security NASA/Civil Government Orbital ATK, Inc. - Overview Feb2015 Approximate Revenue Distribution 4 2

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 Three Operating Groups and 12 Product Lines Flight Systems Group Defense Systems Group Space Systems Group • Space Launch Vehicles • Tactical Missile Products • Commercial Satellites • Rocket Propulsion Systems • Defense Electronic Systems • Government Satellites • Missile Defense Systems • Armament Systems • Spacecraft Components • Aerospace Structures • Ammunition and Energetics • Space Technical Services 42% 27% 31% Orbital ATK, Inc. - Overview Feb2015 5 Approximate Revenue Distribution Organizational Structure and Leadership David Thompson – President & CEO Blake Larson – Chief Operating Officer Garrett Pierce – Chief Financial Officer Antonio Elias – Executive Vice Thomas McCabe – Senior Vice President/Chief Technical Officer President/General Counsel Chris Wolf – Senior Vice President/ Edward Fortunato – Senior Vice Human Resources President/Government Relations Space Systems Group Flight Systems Group Defense Systems Group Frank Culbertson – Group President Michael Kahn – Group President Ronald Grabe – Group President Michael Larkin– Senior Vice President Scott Lehr – Senior Vice President � Propulsion Systems – Charles Precourt � Missile Products – Cary Ralston � Commercial Satellites – Chris Richmond � Launch Vehicles – Rich Straka � Defense Electronics – Bill Kasting � Government Satellites – Jean Floyd � Antares Program – Mike Pinkston � Armament Systems – Dan Olson � Space Components – David Shanahan � Aerospace Structures – Joy de Lisser � Ammunition – Kent Holiday � Technical Services – John Pullen Orbital ATK, Inc. - Overview Feb2015 6 3

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 Extensive Human and Physical Resources � Over 12,500 Employees Dedicated to Aerospace and Defense Customers � 4,300 Engineers and Scientists � 7,250 Manufacturing and Operations Specialists � 1,100 Management and Administration Personnel � Facilities in 17 States With Over 19 Million Sq. Ft. of R&D, Manufacturing, Test, Operations and Office Space � 6.1 Million Sq. Ft. Owned � 5.3 Million Sq. Ft. Leased � 8.1 Million Sq. Ft. Government Owned Orbital ATK, Inc. - Overview Feb2015 7 A History of Innovation and Operations Excellence Flight Systems Defense Systems Space Systems � First Private Developer and � Pioneer in Tactical Missile � Major Builder of Satellites for Operator of Space Launch Propulsion, Precision-Guided Commercial and Government Vehicles… More Than 85 Flown Munitions and Advanced Weapons Customers… Over 165 Delivered or in Production and Another 95 in Production � World’s Largest Manufacturer � Leading Producer of Solid Rocket of Small- and Medium-Caliber � Pioneer in Human and Robotic In- Propulsion Systems… Over 16,000 Ammunition… More Than 8 Space Satellite Servicing and Motors Built to Date Billion Rounds Produced in Logistics Systems Last 5 Years � Primary Supplier of Long-Range � Industry-Standard Supplier of Missile Defense Interceptors and � Principal Supplier of Medium- Spacecraft Components and Target Systems… More Than 300 Caliber Gun Systems for U.S. Subsystems… Products on More Vehicles Built or Under Contract and NATO… 15,000-Unit Than 800 In-Orbit Satellites Installed Base � Innovator in Advanced Composite � Leading Operator of Small Structures Engineering and � Leading Domestic Armament Research Rockets and High- Manufacturing for Aerospace Facility Operator and International altitude Scientific Balloons… Applications Co-Production Partner 30 Missions Conducted Per Year Orbital ATK, Inc. - Overview Feb2015 8 4

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 Flight Systems Group Overview Small-Class Launch Vehicles Medium-Class Launch Vehicles Large-Class Launch Vehicle Strategic Missile Propulsion Systems Propulsion Systems Missile Defense Interceptors Suborbital Targets Commercial Aerostructures Military Aerostructures � Annual Sales of About $1.4 Billion � Workforce of Approximately 4,500 People � Major Operations in Arizona, Utah, Virginia, Ohio, Alabama and Mississippi Orbital ATK, Inc. - Overview Feb2015 9 Defense Systems Group Overview Advanced Tactical Missiles Missile Propulsion Systems Precision-Guided Munitions Aircraft Protection Systems Light Gunships Advanced Gun Systems Medium-Caliber Systems Small-Caliber Ammunition � Annual Sales of About $1.9 Billion � Workforce of Approximately 4,900 People � Major Operations in Maryland, West Virginia, Virginia, Missouri, Minnesota, Arizona, Texas, Florida and California Orbital ATK, Inc. - Overview Feb2015 10 5

The Aerospace & Defense Forum Los Angeles Chapter February 20, 2015 Space Systems Group Overview Commercial Satellites Scientific Spacecraft Human Space Systems National Security Satellites Advanced Space Systems Space Components Space Engineering Services Research Rocket and Balloon Operations � Annual Sales of About $1.2 Billion � Workforce of Approximately 2,700 People � Major Operations in Virginia, Maryland, California, Arizona, Texas and Utah 11 Orbital ATK, Inc. - Overview Feb2015 Some Space System Trends � “Everyone” is in space � Space used to be the sole realm of a handful of nation states � Now dozens of countries build, own and or operate their own systems � Space capability can be bought with a credit card � Space innovation is now being driven by commercial industry � Commercial industry now driving technology in general � “New Space” and even “Old Space” companies are driving innovation � Government is looking to leverage this innovation but still sorting out how to � Government procurement practices are challenged to adjust to the new environment � Most procurement practices follow processes created when government drove technology innovation � NASA’s space station commercial resupply provides an example of innovation � Other approaches like data buys vs. spacecraft development are being considered 12 6