lockheed martin

lockheed martin

Image courtesy of Lockheed Martin
Lockheed Martin has called off its $4.4 billion acquisition of rocket propulsion manufacturer Aerojet Rocketdyne—canceling the deal after the Federal Trade Commission filed an antitrust lawsuit that accused Lockheed of using the buyout to create a monopoly.
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Image courtesy of Lockheed Martin

One of the most significant aerospace industry deals in years is now in jeopardy after the Federal Trade Commission announced it is suing to block defense contractor Lockheed Martin’s $4.4 billion purchase of Aerojet Rocketdyne, the rocket and missile propulsion manufacturer based in El Segundo.

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