Northrop Grumman's Wise Move to Pick Up Orbital ATK

In this MarketFoolery podcast segment, host Chris Hill and Stock Advisor Canada's Taylor Muckerman discuss the big deal in the aerospace and defense sector: Northrop Grumman's (NYSE: NOC) cash bid for Orbital ATK (NYSE: OA). The two companies have a lot in common, but their actual products don't have much overlap, which should make this a complementary deal. And in the view of some notable Fools, the space business is a good place to be.

A full transcript follows the video.

Source: Fool.com