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Lockheed's planned space expansion done in by regulatory concerns.
Lockheed''s planned space expansion done in by regulatory concerns.
Lockheed's planned space expansion done in by regulatory concerns.
Legal documents viewed by Breaking Defense reveal the company''s board is split into warring factions, each seeking to oust the other''s leader in the wake of Aerojet''s failed merger with Lockheed Martin.
Aerojet Rocketdyne (AJRD) will be limited in the use of its resources to fight off a boardroom battle among directors over control of the company. Aerojet CEO Eileen Drake and her…

Experts: End of Lockheed bid for Aerojet Rocketdyne may impact space, missile markets

05:34pm, Tuesday, 15'th Feb 2022 United Press International
Lockheed Martin, the largest U.S. defense contractor, dropped its proposal to buy rocket-engine maker Aerojet Rocketdyne, but experts said another suitor could emerge.
Lockheed Martin has made the shocking announcement that it will be terminating its pursuit to purchase the Aerojet Rocketdyne company this week and their parent company, Aerojet Rocketdyne Holdings. Being one of the largest and most profitable military-industrial companies in the world …

Aerojet Rocketdyne, 3M fall; Splunk, TreeHouse Foods rise

09:21pm, Monday, 14'th Feb 2022 ABC News
Stocks that traded heavily or had substantial price changes Monday: Aerojet Rocketdyne, 3M fall; Splunk, TreeHouse Foods rise
WASHINGTON (Reuters) Lockheed Martins exit from its purchase of engine maker Aerojet Rocketdyne has refocused investors on the compounding list of problems at the companies, as pressure grows on Lockheed management to improve lagging performance. Both Lockheed Martin Corp and Aerojet Rocketdyne Holdings Inc stocks were down on Monday after Lockheed walked away from Read More
Lockheed Martin Corporation Monday announced it has terminated its agreement to acquire Aerojet Rocketdyne Holdings Inc. The decision to terminate the agreement follows the U.S. Federal Trade Commission’s lawsuit filed late last month seeking a preliminary injunction to block the acquisition. Lockheed Martin Chairman, President and CEO James Taiclet said the the planned acquisition of Aerojet …
Lockheed Martin says its terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.4 billion deal. In a statement, Lockheed Martin CEO James Taiclet said that in light of the lawsuit, calling off the acquisition was in the best interest of our stakeholders. Aerojet makes a wide variety of rocket engines including in-space propulsion systems that are manufactured at its facility in Redmond, Wash. and the FTC said the deal would have given Lockheed Martin the ability to restrict purchases of critical hardware by its aerospace Read More
Lockheed Martin is terminating its agreement to acquire Aerojet Rocketdyne, nearly a month after the Federal Trade Commission filed suit to block the deal.

Lockheed Ends Aerojet Rocketdyne Acquisition

04:07pm, Monday, 14'th Feb 2022
Lockheed Martin Corporation ( LMT , Financial) announced on Sunday that it has terminated its agreement to acquire Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial). The decision to terminate the a
Aerojet Rocketdyne Holdings, Inc. today reaffirmed its strong foundation for substantial value creation following the termination of its merger agreement with Lockheed Martin Corporation. The… | February 14, 2022
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