Home / M&A Activity / Reuters: Aerojet Rocketdyne Parent Mulls Bid Increase for United Launch Alliance

Reuters: Aerojet Rocketdyne Parent Mulls Bid Increase for United Launch Alliance

ULARocketThe parent company of Aerojet Rocketdyne (NYSE: AJRD) plans to meet with outside advisers as it weighs options to raise its acquisition offer for the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture United Launch Alliance, Reuters reported Thursday.

Aerojet Rocketdyne’s spokesman Glenn Mahone told Reuters reporter Andrea Shalal that ULA and Aerojet Rocketdyne are still in talks over “a number of business arrangements.”

Boeing and Lockheed Martin rejected Aerojet Rocketdyne’s previous $2 billion cash offer for ULA.

Reuters reports Aerojet Rocketdyne could reveal its next plans over the ULA deal in the next few weeks.

Check Also

DISA to Procure Cybersecurity Services Through NIH IT Contract Vehicle

The Defense Information Systems Agency will use the National Institutes of Health’s Information Technology Acquisition Assistance Contract to procure cybersecurity services instead of conducting a full and open competition for the procurement effort, Nextgov reported Tuesday.

VMware’s Bill Rowan on Tech Platforms That Could Help Agencies Modernize Employee Mobility Experience

Bill Rowan, vice president of federal sales at VMware (NYSE: VMW), wrote in a GCN article published Tuesday that there are three technologies federal agencies can adopt to transform the mobility experience of their employees and adhere to security policies and one of them is an enterprise mobility management system.