-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fdb8Ftknjhyp+7JEChR/L4HBGvrmuTD8L0Z26oJxxirGV5+fERNvL7AAGEz4Va7n hwCVP5+HVcdovJ0tMC+25g== 0000950133-03-002306.txt : 20030702 0000950133-03-002306.hdr.sgml : 20030702 20030702172058 ACCESSION NUMBER: 0000950133-03-002306 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030626 ITEM INFORMATION: Other events FILED AS OF DATE: 20030702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORBITAL SCIENCES CORP /DE/ CENTRAL INDEX KEY: 0000820736 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 061209561 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14279 FILM NUMBER: 03772929 BUSINESS ADDRESS: STREET 1: 21839 ATLANTIC BLVD CITY: DULLES STATE: VA ZIP: 20166 BUSINESS PHONE: 703406 5524 MAIL ADDRESS: STREET 1: 21700 ATLANTIC BLVD STREET 2: 21700 ATLANTIC BLVD CITY: DULLES STATE: VA ZIP: 20166 FORMER COMPANY: FORMER CONFORMED NAME: ORBITAL SCIENCES CORP II DATE OF NAME CHANGE: 19900212 8-K 1 w88080e8vk.htm FORM 8-K e8vk
 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 26, 2003

ORBITAL SCIENCES CORPORATION
(Exact name of registrant as specified in its charter)

         
Delaware   1-14279   06-1209561

 
 
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

21839 Atlantic Boulevard, Dulles, Virginia 20166


(Address of principal executive offices)

Registrant’s telephone number, including area code:    (703) 406-5000   


(Former name or former address, if changed since last report)

 


 

Item 5. Other Events.

     On June 26, 2003, Orbital Sciences Corporation (“Orbital”) announced that it had successfully launched the company-built OrbView-3 high-resolution imaging satellite into its targeted orbit aboard the company’s Pegasus rocket. Orbital designed, developed, built and tested the OrbView-3 satellite for Orbital Imaging Corporation (“ORBIMAGE”) at the company’s Dulles, Virginia satellite manufacturing facility.

     Also, on June 26, 2003, Orbital paid to ORBIMAGE $2.5 million pursuant to the terms of its settlement agreement with ORBIMAGE and ORBIMAGE’s Official Committee of Unsecured Creditors. Accordingly, all claims, including those brought by ORBIMAGE against Orbital and its two officer/directors named in a lawsuit filed in July 2002 in the U.S. Bankruptcy Court for the Eastern District of Virginia, have been released.

     As previously announced, for the second quarter of 2003, Orbital expects to record approximately $3.5 million of expected charges related to its settlement with ORBIMAGE. The $3.5 million of charges consist of the above-described $2.5 million charge and an estimated $1.0 million settlement charge in the second quarter related to the delay in the launch and on-orbit checkout of the OrbView-3 satellite.

 


 

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
    ORBITAL SCIENCES CORPORATION
(Registrant)
 
    By: /s/ Michael R. Williams

Michael R. Williams
Vice President and Treasurer
 
Date: July 2, 2003    

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