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.
Serco Inc. has agreed to acquire QinetiQ US for $292 million to expand its engineering, naval and space work for…
The appointment follows the resignation of Jensen Huang, who was reportedly involved in a relationship with an alleged Chinese spy.
Find answers to common questions about the Navy’s drone efforts, including the MUSV program and how industry can participate.
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.…
You’ve already read all related articles.
VIDEO 
