L3Harris announced plans Dec. 18 to acquire Aerojet Rocketdyne, the only U.S. maker of certain propulsion components for several key American military and space assets for $4.7 billion. The deal, which requires final approval from the Federal Trade Commission, would secure L3Harris as one of ...
The Federal Trade Commission is suing to stop the planned Lockheed Martin/Aerojet Rocketdyne merger, saying the deal would give Lockheed Martin unfair advantages while harming competition and innovation. Lockheed Martin has 30 days to decide whether to defend the merger in court or drop the ...