# Lockheed Martin and Aerojet Rocketdyne postpone merger closure amid FTC concerns

Lockheed Martin and Aerojet Rocketdyne agreed with the FTC to postpone closing their merger beyond January 27, 2022, as the FTC indicated it may sue to block the transaction.

- Type: Acquisition
- Announced: 2022-01-25
- Where: United States
- Value: $4.40B
- Status: announced
- Products: rocket engines
- 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

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/Aerojet+Rocketdyne+%28AJRD%29+and+Lockheed+Martin+%28LMT%29+Postpone+Merger+Closure+on+FTC+Concerns/19498499.html), 2022-01-25: "We believe it is highly likely that the FTC will vote to sue to block the transaction and expect they will make a decision before Jan. 27, 2022."
- [compositesworld.com](https://www.compositesworld.com/news/lockheed-martin-terminates-agreement-to-acquire-aerojet-rocketdyne-amid-regulatory-roadblocks), 2022-02-14: "Our planned acquisition of Aerojet Rocketdyne would have benefited the entire industry through greater efficiency, speed and significant cost reductions for the U.S. government."

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