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 (NYSE: AJRD), 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.
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AeroVironment is targeting full campus operations at the Moorpark, California facility by 2029.
NAWCAD awarded the contract covering engineering, integration, testing and training for C4I radio systems aboard Navy surface ships.
Roman served in various roles in the U.S. Navy between 2003 and 2019, including as cybersecurity engineering manager.
Christopher George, a former Intel executive, has joined NVIDIA as VP of public sector after advising the government on AI…
Former Accenture managing director Mishelle Pedenko will lead growth efforts spanning Guidehouse's global health segment.
D-Fend CEO Zohar Halachmi remains in his position following the close of the $1.5 billion deal.
Former IBM technical delivery lead Graham Katz will direct data and AI work at MANTECH.
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