December 20, 2020 LE BOURGET, France: Picture taken 16 June 2005 at Le Bourget Airport during the 46th International Paris Air shows the logo of US group Lockheed Martin. (PIERRE VERDY/AFP/Getty Images)
Updated on 12/21/2020 at 8:39 am to include comments from Lockheed Martin call with investors and at 10:06 am to add analyst comment. WASHINGTON Lockheed Martin will acquire Aerojet Rocketdyne in a $4.4 billion deal that will allow the defense giant to beef up its technical know-how in the areas of space, propulsion and munitions, the companies announced Dec. 20. The acquisition signals Lockheed’s continued interest in the areas of hypersonic weapons and space two major technology development priorities for the Defense Department and two areas of increased investment in recent years.
Lockheed buys rocket-engine maker Aerojet in $4 4 billion deal orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.