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 the resignation of Jensen Huang, who was reportedly involved in a relationship with an alleged Chinese spy.
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CTC has appointed Dirigo Strategic Managing Director Brian Bontempo and former NSA CIO Hal Smith to its technical advisory board.
The Starbase site will generate its own power, with a tax abatement up for consideration Dec. 9.
Outlook's Shadow UGV can support intelligence missions and mobile communications and operate for 30 to over 45 days.
As defense tech CTO, Mahoney will oversee electro-optical/infrared payloads, radio frequency antennas, sensors and autonomous systems.
GDIT’s Navy IDIQ contract ceiling went up by $56 million to $154.5 million to support consolidation of legacy IT help…
Broadcom Chief Security Strategist Manoj Sharma has urged agencies to continuously monitor identities and endpoints as AI use grows.
Northrop Grumman Senior Director Kate Insley has joined CRDF Global’s board, bringing over 20 years of security policy experience.
Proposals are due Dec. 11, with three to six awards planned.
NRL has issued a solicitation for SESPD III, a potential $130 million spacecraft electronics prototyping IDIQ, with bids due Dec.…
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