Dec 20, 2020ACQUISITIONUnited States Lockheed Martin to acquire Aerojet Rocketdyne for $5.0 billion
Lockheed Martin has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings in an all-cash transaction with a total equity value of $5.0 billion. The deal is expected to close in the second half of 2021.
Productsrocket engineshypersonicstactical missilesmissile defense systemsspace exploration technologies
“Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defense industrial base and reduce costs for our customers and the American taxpayer.”investors.lockheedmartin.com
- 4 sources
- investors.lockheedmartin.comLockheed Martin to Acquire Aerojet Rocketdyne, Strengthening Position as Leading Provider of Technologies to Deter Threats and Help Secure the United States and its Allies | Lockheed Martin CorpDec 20, 2020
- sec.govEX-99.1Dec 20, 2020
- metal-am.comLockheed Martin to acquire Aerojet Rocketdyne in $4.4 billion dealHugo RibeiroJan 4, 2021
- control.comLockheed Martin Set To Acquire U.S. Rocket Engine Manufacturer Aerojet Rocketdyne - NewsBen StepanianJan 6, 2021
Summarized from public sources; check the original articles before acting on it.