Lockheed Martin will buy Aerojet Rocketdyne, maker of rocket motors and hypersonic engines, among other products, in a $5 billion transaction, Lockheed announced Dec. 21. The biggest issue in the potential deal is how comfortable the industry, Congress, and the Pentagon will be with all ...
The proposed merger of Raytheon with United Technologies has been approved by the Securities and Exchange Commission, provided the two companies sell off some units that would otherwise give the new Raytheon Technologies a monopoly on some business areas. The new company will become the ...
Boeing has incurred another $148 million in losses for its KC-46 tanker program due to higher than expected manufacturing costs, as the company works with the Air Force to address continued deficiencies in the tanker’s capabilities. The company disclosed the losses in a Jan. 31 ...