Shareholders at Aerojet Rocketdyne Holdings (NYSE: AJRD) voted Tuesday to approve the company’s $4.4 billion sale to Lockheed Martin (NYSE: LMT) and both parties still expect to close the transaction in the second half of this year.
Aerojet Rocketdyne said Tuesday holders of approximately 99.76 percent of its stock were in favor of the merger agreement , representing 78.78 percent of the total shares issued and outstanding as of Feb. 4.
Lockheed first announced the deal in December as the Bethesda, Maryland-based company aims to expand its portfolio of air and missile defense, hypersonic and space technologies.
The Federal Trade Commission is reviewing the proposed combination as part of a regulatory process under the Hart-Scott-Rodino Act.
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Jeff Keen held multiple leadership roles during his five years at Applied Insight and more than 12 years at Axiom…
Empower AI received a task order with a $36.9 million face value, running through June 2027.
TechnoMile has named Anupriyo Chakravarti chief product and technology officer to lead its product, tech and engineering teams.
WWT has received a potential $500 million USPS contract to provide telecommunications hardware, software and network support.
CBP forecasts a need for maritime surveillance systems that include search radar, EO/IR cameras and AIS receivers.
The in-space mobility company holds a position on the Space Force's NSSL Phase 3 Lane 1 contract.
Anderon finalized a $1 billion CHIPS Act award with Commerce for its Albany quantum wafer foundry, matched by $1 billion…
CACI's Apollo program is intended to help USCENTCOM make faster decisions and coordinate more effectively across commands and partners.
Ret. Air Force Lt. Gen. David Deptula joins the board alongside Stacey Dixon, who previously led IARPA.
IVIX's Don Fort has said AI-enabled OSINT platforms could help agencies convert public data into actionable intelligence.
Chris Carson brings more than 40 years of financial and government contracting experience to AMERICAN SYSTEMS.
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