Orbital Sciences / ORB
About Orbital Sciences
21839 Atlantic Blvd., Dulles, Va. 20166
www.orbital.com
| 703-406-5000
| Founded: 1982
Industry: Aerospace And Defense | Category: Public Companies
Orbital's revenue grew 4 percent in 2005, largely from sales of communications satellites, interceptor launch vehicles and target launch vehicles. The company said it carried out 16 major launch vehicle and space system missions and 31 smaller rocket and missile target launches. Orbital also delivered 16 rockets for future deployment.
By the end of 2006, the company expects to carry out as many as 28 major launch vehicle and spacecraft missions and deliver at least 15 satellite and launch vehicles for future missions. In February of this year, Orbital announced it had received an order from the U.S. Navy for 19 "Coyote" Supersonic Sea-Skimming Target missiles. All told, Orbital is under contract to build and deliver 39 vehicles to the Navy by early 2008, deals the company estimated to be worth more than $20 million.
Orbital estimates that half of its revenue this year will come from its satellites/space system product lines, which include communications and defense satellites.
Chairman and CEO: David W. Thompson
2005 Financial Data
Revenues: $703,450,000 | Net Income: $28,163,000Asssets: $668,790,000 | Earnings Per Share: $0.45
Total employees: 2,900 | Local employees: 1,500
Company Leadership
| David W. Thompson | Chairman and CEO |
| Garrett E. Pierce | CFO |
| James R. Thompson | President and COO |
| Ronald J. Grabe | EVP and general manager, Launch Systems Group |
| John M. Danko | EVP and general manager, Space Systems Group |
Source: Compensation data provided by Equilar, Inc..
| David W. Thompson Chairman and CEO | $1,445,351 Salary: $525,000 |
| Garrett E. Pierce CFO | $1,176,330 Salary: $510,000 |
| James R. Thompson President and COO | $1,126,639 Salary: $480,000 |
| Ronald J. Grabe EVP and general manager, Launch Systems Group | $861,052 Salary: $343,000 |
| John M. Danko EVP and general manager, Space Systems Group | $698,924 Salary: $320,000 |
Did You Know
Orbital Sciences makes small satellite and rocket systems for broadcasting, scientific research and missile defense. Its customers include the Defense Department, the NASA, foreign governments, universities and private companies. Orbital also provides space-related technical services and builds satellite-based transportation management systems for public transit agencies and private vehicle fleet operators.