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Report: Raytheon Contests Aerojet Rocketdyne Acquisition | San Fernando Valley Business Journal

Raytheon Technologies Corp. will contest the acquisition of Aerojet Rocketdyne Holdings Inc. by Lockheed Martin Corp., according to media reports.
In a story published Wednesday by Bloomberg, Raytheon Chief Executive Greg Hayes was quoted as saying that the deal gives them pause based on competition going forward.
“They (Aerojet) are a huge supplier to us, and if that merger actually happens, you don’t have an independent supplier on the solid-rocket-motor side,” Hayes said on Wednesday at the Barclays Industrial Select virtual conference, according to the Bloomberg story.
Lockheed in Bethesda, Md., announced back in December it was acquiring Aerojet Rocketdyne in El Segundo in a transaction valued at $5 billion. ....

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Pay for news? Google says yes, Facebook says no

Pay for news? Google says yes, Facebook says no
MEDIA
Pay for news? Google says yes, Facebook says no
Google is striking deals in Australia to pay for journalism but Facebook vowed a news blackout if a price tag is attached. Both developments came Wednesday as Australian lawmakers consider forcing digital giants into payment agreements. Rupert Murdoch’s News Corp. announced a wide-ranging deal with Google Wednesday. Major Australian media organization Seven West Media reached a deal earlier, its rival Nine Entertainment is reportedly close to its own pact and Australian Broadcasting Corp. is in negotiations. But Facebook said it “will restrict publishers and people in Australia from sharing or viewing Australian and international news content.” The dominant social network blamed Australia’s proposed law for its decision, saying the law “fundamentally misunderstands the relationship between our platform and publishers who use it.” The News Corp. agreement in ....

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Raytheon raises 'concerns' about Lockheed Martin deal

Raytheon Technologies fears it could find itself at a competitive disadvantage if rival Lockheed Martin is permitted to buy propulsion provider Aerojet Rocketdyne, a Raytheon official said on 17 February. Aerojet Rocketdyne, which is based i. ....

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Raytheon to challenge Lockheed's takeover of Aerojet, CEO says

Raytheon to challenge Lockheed’s takeover of Aerojet, CEO says
Raytheon Technologies chief executive Greg Hayes. (Raytheon)
“They [Aerojet Rocketdyne] are a huge supplier to us, and if that merger actually happens, you don’t have an independent supplier on the solid-rocket-motor side. And also, I think it gives us pause as we think about the competitive landscape going forward,” Hayes said at the Barclays Industrial Select virtual conference.
If the deal is completed, Raytheon and Boeing would see a top competitor absorb a key supplier of solid-fuel rocket motors used in Raytheon’s missile systems. Hayes said the company would make its concerns known to the U.S. departments of Defense and Justice. ....

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Kennametal to Attend Barclays Industrial Select Conference

Kennametal to Attend Barclays Industrial Select Conference
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PITTSBURGH, Feb. 12, 2021 /PRNewswire/ Kennametal (NYSE: KMT) announced today that they will attend the virtual Barclays Industrial Select Conference.
Details of the conference are as follows:
When:
Kelly Boyer, Vice President, Investor Relations
About Kennametal
With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 9,000 employees are helping customers in more than 60 countries stay competitive. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagr ....

Kelly Boyer , Damon Audia , Barclays Industrial Select , Vice President , Chief Financial , Kennametal Inc , கெல்லி பையன் , டாமன் ஆடியா , பார்க்லேஸ் தொழில்துறை தேர்ந்தெடுக்கவும் , துணை ப்ரெஸிடெஂட் , தலைமை நிதி ,