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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The appointment follows Amy Gilliland's departure early in October.
Lockheed Martin will perform engineering, integration, qualification and testing support for the F-35 navigation system.
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Booz Allen reported $2.8 billion in Q2 fiscal 2027 revenue, a $41 billion backlog and $2.1 billion in national security…
Sigmatech's Army contract runs through October 2036, with work locations and funding to be assigned as individual orders are issued.
Two logistics support recompetes for training aircraft are expected to fall between $1 billion and $1.5 billion.
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
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