The U.S. government is stepping in to try to block Lockheed Martin's proposed $4.4 billion acquisition of Sacramento, Calif.-based Aerojet Rocketdyne, which supplies missile propulsion systems.
The U.S. government is stepping in to try to block Lockheed Martin's proposed $4.4 billion acquisition of Sacramento, Calif.-based Aerojet Rocketdyne, which supplies missile propulsion systems.
The Biden administration wants to arm its antitrust enforcements with stricter rules to clamp down on Big Tech mergers, but the tough talk didn't faze tech companies that are in the midst of an acquisition frenzy.