Lockheed Martin Acquires Aerojet Rocketdyne For $4.4 Billion
Lockheed Martin has agreed to buy Aerojet Rocketdyne for $4.4 billion in cash (including assumed debt). From a report: This reflects how legacy defense companies are racing to keep up with Elon Musk and Jeff Bezos in space, a dynamic that also helped drive Raytheon's merger effort with United Technologies. Plus, this is the exact type of company that will be seeking Space Force bids, maybe getting cool branding logos on the Guardian outfits. Aerojet in 2015 offered to pay $2 billion to buy a rocket launch joint venture between Boeing and Lockheed, but was rebuffed by Boeing.
from Slashdot https://ift.tt/3h5k55h
Read more of this story at Slashdot.
from Slashdot https://ift.tt/3h5k55h
Related Posts :
Anti-Cheating Technology Challenged at Dartmouth Medical School- Apple AirTag Can Be Hacked, But It's Not as Bad as It Sounds
- Pentagon Weighs Ending JEDI Cloud Project Amid Amazon Court Fight
- Sony Warns Tight PlayStation 5 Supply To Extend Into Next Year
- Facebook Should Halt Instagram Kids Plan, Attorneys General Say
0 Response to "Lockheed Martin Acquires Aerojet Rocketdyne For $4.4 Billion"
Post a Comment