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Lockheed Martin's 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 im

Lockheed Martin walks away from $4.4B Aerojet Rocketdyne acquisition

02:38pm, Monday, 14'th Feb 2022 Breaking Defense
Lockheeds decision could leave Aerojet looking for another buyer as it tries to manage an internal struggle between executives.

Global Markets Slide On Mounting Ukraine Tensions

12:51pm, Monday, 14'th Feb 2022 Zero Hedge
Global Markets Slide On Mounting Ukraine Tensions US index futures and global stocks extended their Friday losses on Monday, as worries about growing geopolitical conflict in Ukraine sparked concerns about global economic growth and adding to concerns about inflation and the prospect of aggressive Fed rate hikes to tame it. Nasdaq futures were down 1.2% by 715 a.m. ET after earlier sliding as much as 1.5%. S&P 500 futures slipped 0.8%, setting up the benchmark U.S. index to fall further from a two-week low reached on Friday. Treasury yields dropped further from a multi-year high hit on Friday and gold rose, while bitcoin extended its sharp decline from Friday. Focal points Monday include comments by St. Louis Fed President James Bullard at 8:30am ET. Airline stocks slid in premarket trading, following European peers lower, as growing concerns about geopolitical risks over Ukraine ripple through global markets. Lockheed Martin Corp. scrapped its bid to buy Aerojet Rocketdyne Holdings Inc. after the Federal Trade Commission sued to block the deal.
Lockheed Martin ended its deal to acquire Aerojet following opposition from the FTC. 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss.
Lockheed Martin says it's terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.
Following a lawsuit to stop Lockheed Martin Corp's acquisition of the last independent U.S. missile propulsion supplier, the defense contractor has terminated the $4.4 billion deal, the Maryland-based

Lockheed Martin scraps plan to acquire Aerojet Rocketdyne

01:43am, Monday, 14'th Feb 2022 MarketWatch
Lockheed Martin Corp. on Sunday said it had scrapped plans to buy Aerojet Rocketdyne Holdings Inc. after federal antitrust overseers last month sued to block the proposed $4.4 billion deal.
Announces Termination of Merger Agreement with Lockheed Martin Announces Termination of Merger Agreement with Lockheed Martin
U.S. arms maker Lockheed Martin Corp said on Sunday it terminated its plan to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion.
Lockheed Martin Corp. on Sunday said it had scrapped plans to buy Aerojet Rocketdyne Holdings Inc. after federal antitrust overseers last month sued to block the proposed $4.4 billion deal.
U.S. arms maker Lockheed Martin Corp said on Sunday it terminated its plan to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion.
Aerojet Rocketdyne (AJRD) earlier reached session highs and is now up 1.2% as traders passed around Aerojet holder Steel Holdings lawsuit against the company.Some language in Exhibit…

Aerojet Rocketdyne: Buy The Break

06:24pm, Wednesday, 09'th Feb 2022 Seeking Alpha
Aerojet Rocketdyne received another blow last week in its long running battle to end a 2015 False Claims Act suit alleging it lied about its compliance with cybersecurity requirements in order to win several federal contracts. In United States ex rel. Brian Markus v. Aerojet Rocketdyne, Inc., the relator, Aerojet’s former senior director of cybersecurity, alleged that the company entered into several Department of Defense and NASA contracts while knowingly misrepresenting its compliance with… By: Morrison & Foerster LLP - Government
HUNTSVILLE, Ala., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully tested an advanced solid rocket motor as part of the U.S. Army Low Cost Tactical Extended Range Missile (LC-TERM) Technology Program. Capabilities demonstrated under the LC-TERM program have applicability to the U.S. Armys Multiple Launch Rocket System (MLRS) family of munitions.
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