Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4Bn as Space heats up

Lockheed Martin (LM), the US’s largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of increasing competition in the Space and Defence industries. In a […]

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