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Lockheed scraps Aerojet deal after FTC takes tough stance

Published: February 14, 2022

Lockheed Martin ended its bid to buy Aerojet Rocketdyne after the Federal Trade Commission sued to block the $4.4 billion deal on the grounds it would hurt competition among defense contractors.

Source: stripes.com

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New YorkUnited StatesEl SegundoElizabeth WarrenWarren LichtensteinJoe BidenAerojet RocketdyneSheila KahyaogluLina KhanEileen DrakeJames TaicletNorthrop Grumman CorpUs Defense DepartmentLockheed MartinFederal Trade CommissionMartin ChairmanPresident Joe BidenNorthrop GrummanSteel PartnersLockheed Ends Bid To Buy AerojetLockheed AerojetOckheed Ftc