Back to ORB
Orbital Expands Its Chandler Campus with Opening of Arizona Program Management Center

Orbital Sciences Corporation (NYSE: ORB), one of the world’s leading space technology companies, today conducted a ribbon-cutting ceremony to formally mark the opening of a new 83,000 square foot building adjacent to the company’s current facilities on South Price Road in the Ocotillo area of Chandler, Arizona. The building will house approximately 300 employees in the company’s launch vehicle design, engineering, manufacturing, and program management operations.

The opening of the new building, which was constructed under a “build-to-suit” agreement with Gilbane Development Company, follows the company’s 11-year renewal of the lease on its current facility with W.P. Carey & Co., ensuring that orbital will remain an anchor corporate tenant in Chandler for at least the next decade. With the addition of the new building and expansion of its Tempe warehouse facilities, the company occupies over 600,000 square feet of engineering, manufacturing and testing facilities in the Greater Phoenix area.

“For over 20 years we have enjoyed a very business-friendly environment in Chandler,” said Mr. David W. Thompson, Orbital’s Chairman and Chief Executive Officer. “We are most appreciative of the City’s responsiveness to our expansion plan. In turn, we are very pleased to continue to grow in the area, adding to the dynamic local business environment and generating significant economic benefits for the community.”

Orbital’s long-term plans for the Chandler campus, subject to future business considerations, include the construction of two additional buildings totaling up to 150,000 square feet. Together with the company’s current on-site facilities, the new development would create a 48-acre campus with approximately 650,000 square feet of engineering, industrial and administrative space that will be capable of accommodating about 2,200 employees. Orbital currently employs approximately 1,450 full- and part-time employees at its Chandler operations.

Orbital’s multi-year expansion in Chandler has been fueled by the continued strong demand for the company’s launch vehicle products that are used primarily by the U.S. government to deploy and test critical missile defense systems, and to launch scientific and national security satellites. Orbital is also developing a new space launch vehicle, the Taurus® II rocket, which will carry out cargo transportation missions to the International Space Station and launch larger satellites into orbit.

In addition to the company’s expansion of its Arizona facilities, in late 2008 Orbital completed the first of up to four new buildings at its Dulles, Virginia headquarters and satellite and space systems manufacturing facilities. Orbital currently occupies over 565,000 sq. ft. at its 77-acre Northern Virginia campus accommodating approximately 1,600 full- and part-time employees.

Orbital has also opened two new offices to support its expanding involvement in human spaceflight systems for NASA and national security space programs for the U.S. military. To better serve existing customers and pursue new business opportunities in these areas, the company established an engineering and technology center in Huntington Beach, California and opened an office in Houston, Texas. Nationwide, Orbital occupies over 1.35 million square feet of office, laboratory, manufacturing, test and warehouse space and employs approximately 3,600 people.

About Orbital

Orbital develops and manufactures small- and medium-class rockets and space systems for commercial, military and civil government customers. The company’s primary products are satellites and launch vehicles, including low-Earth orbit, geosynchronous-Earth orbit and planetary spacecraft for communications, remote sensing, scientific and defense missions; human-rated space systems for Earth-orbit, lunar and other missions; ground- and air-launched rockets that deliver satellites into orbit; and missile defense systems that are used as interceptor and target vehicles. Orbital also provides satellite subsystems and space-related technical services to government agencies and laboratories.

More information about Orbital can be found at http://www.orbital.com

(c) 2009 Business Wire, Inc., All rights reserved. All of the news releases and other content contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. Any copying or reproduction (other than for an individual user's personal reference), redistribution, reposting or other transmission or communication is expressly prohibited without prior written permission of Business Wire, Inc
Back to ORB
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki