# 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.

- Type: Acquisition
- Announced: 2020-12-20
- Where: United States
- Value: $5.00B
- Status: announced
- Products: rocket engines, hypersonics, tactical missiles, missile defense systems, space exploration technologies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Lockheed Martin](https://endata.com/companies/6612.md) (acquirer)
- [Aerojet Rocketdyne](https://endata.com/companies/9129.md) (target)

## Sources

- [investors.lockheedmartin.com](https://investors.lockheedmartin.com/news-releases/news-release-details/lockheed-martin-acquire-aerojet-rocketdyne-strengthening/), 2020-12-20: "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."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/40888/000119312520323102/d28186dex991.htm), 2020-12-20: "We are pleased to bring together our complementary companies in a transformative transaction that will provide premium cash value for our stockholders and tremendous benefits for our employees, customers and partners."
- [metal-am.com](https://www.metal-am.com/lockheed-martin-to-acquire-aerojet-rocketdyne-in-4-4-billion-deal/), 2021-01-04: "Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defence industrial base and reduce costs for our customers and the American taxpayer."
- [control.com](https://control.com/news/lockheed-martin-set-to-acquire-u.s-rocket-engine-manufacturer-aerojet-rocketdyne/), 2021-01-06: "Lockheed Martin is set to acquire Aerojet Rocketdyne on March 10th, 2021, along with their 5,000 employees and 15 operation sites across the country."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.