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Lockheed Martin general manager in Archibald, Pa., Paul Cavaliere says his team has been very successful at conducting business despite the pandemic, including meeting manufacturing demands and hiring new employees. Lockheed Martin entered into an agreement Sunday to acquire aerospace and defense rocket engine manufacturer Aerojet Rocketdyne for $4.4 billion, including debt and net cash. According to the announcement, Lockheed will pay $56 per share for Aerojet Rocketdyne, a 33% premium to Friday’s closing price. “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,” Lockheed Martin President and CEO James Taiclet said in a statement. This transaction enhances Lockheed Martin s support of critical U.S. and allied security missions and retains national leadership in space and hypersonic technology. ....