Dulles-based Orbital ATK Inc. (NYSE: OA) plans to refile financial reports with the Securities and Exchange Commission later this month to correct previous accounting errors, a positive sign for the company as it looks to move on from a 2012 reporting mistake — the revelations of which initially shook investors back in August.
“We’re definitely on a path to resolution and getting this stuff behind us,” said Barron Beneski, the company’s vice president of corporate communications and investor relations.
On Tuesday, the company announced that by the end of the month it would file financial reports to correct errors misstating earnings from a 10-year, $2.3 billion small caliber ammunition contract. Beneski told me that the company will file an amended 10-K document with corrected financials in the disputed periods covering the nine months ending Dec. 31, 2015, and fiscal years ending on March 31, 2015, 2014 and 2013.
On Wednesday, credit rating firm Moody’s Investors Service Inc.…
