General Electric (NYSE: GE), L3Harris Technologies (NYSE: LHX), Textron (NYSE: TXT) and Veritas Capital are among the companies that have expressed interest in acquiring Aerojet Rocketdyne , which has an estimated market valuation of $4 billion, Reuters reported Wednesday.
Citing unnamed sources, Reuters noted the El Segundo, California-based rocket propulsion maker has initiated a process to put itself up for sale and could sign a deal by the end of December if negotiations go smoothly.
In February, Lockheed Martin (NYSE: LMT) decided to drop a $4.4 billion deal to buy Aerojet after the Federal Trade Commission filed an antitrust lawsuit to block the planned merger citing the proposed transaction’s impact on competition.
One of the people familiar with the matter said none of the potential Aerojet acquirers are direct competitors and raise any antitrust issue that could thwart a potential deal.
Tim Fitzpatrick has left Red 6 to serve as business development vice president for air training at Cubic Defense Fitzpatrick…
Kristen Summers was promoted to chief data and AI officer after serving as VP of MANTECH’s Data and AI Practice…
Dynanet has promoted Ana Lombera to chief operating officer as Bill Gillan transitions to chairman Lombera will oversee daily operations…
SDA has awarded two AMDT3 OTA prototype agreements L3Harris will provide missile defense variant satellites The 2026 Air & Space…
DOW has suspended CMMC Phase II implementation requirements The review will examine scalable cybersecurity approaches for the defense industrial base…
Barnaby will succeed Greg Gallopoulos, who is retiring after more than 15 years as the company’s top lawyer He joined…
Orbit Fab has named Peter Shaper as CEO and added two new members to its board Shaper will lead the…
The Navy has opened the ICE-T support opportunity for SeaPort-NxG small businesses Offers are due July 30 The 2026 Navy…
The Air Force is accelerating AI deployment at the tactical edge to accelerate threat detection and response, but data and…
Chuck Brooks is the president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts. We are on the brink of…
Figueroa returns to the role he held from November 2025 to January His appointment supersedes reports earlier in the week…
Everforth ECS has appointed five business unit leaders The appointments also include national security, intelligence and civilian markets The Potomac…
You’ve already read all related articles.
VIDEO 
