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U.S. antitrust enforcers seen extending review of Lockheed's deal for Aerojet

2 Min Read
FILE PHOTO: A RAF Lockheed Martin F-35B fighter jet taxis along a runway after landing at the Royal International Air Tattoo at Fairford, Britain July 8, 2016. REUTERS/Peter Nicholls
WASHINGTON (Reuters) - Antitrust regulators will likely lengthen their investigation into Lockheed Martin Corp’s proposed purchase of rocket maker Aerojet Rocketdyne Holdings Inc, industry executives said, since the deal would give the No. 1 defense contractor ownership of a vital piece of the U.S. missile industry.
The $4.4 billion dollar deal, announced late last year, has raised eyebrows because Lockheed would take over a company that produces 70% of the solid fuel rocket motors and other propulsion products used in everything from antiballistic missiles, to air-to-air missiles. ....

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Lockheed Martin Picks ABL Space Systems for Satellite Launches

Lockheed Martin selected ABL Space Systems' rocket to kick-start its launches from the Shetland island of Unst in Scotland. Read all about it here. ....

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Rocket picked by Lockheed Martin for Unst launches as space project takes step forward

ANOTHER “significant milestone” is said to have been reached for the Shetland Space Centre after a launch provider was selected for a government-backed project which aims to see the UK’s first vertical satellite launch take off from Unst. California developer ABL has been. ....

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Lockheed Martin signs MoU with HAL to explore cooperation in India's aerospace sector

Lockheed Martin is one of the key contenders in the race for a mega contract to supply 114 fighter jets to IAF. ....

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This week in history: February 1-7

This week in history: February 1-7
31 January 2021
Antonio Maccanico
On February 1, 1996, merchant banker and two-time former cabinet minister Antonio Maccanico was named as interim prime minister of Italy. He was the first would-be premier to receive the support of both the ex-Stalinist PDS (Party of the Democratic Left) and the neo-fascist National Alliance, an event that marked a further stage in the rightward evolution of the remnants of the Italian Communist Party.
The right-wing Forza Italia of Silvio Berlusconi also supported Maccanico’s selection by President Oscar Luigi Scalfaro to replace another non-party technocrat, banker Lamberto Dini, who resigned a month prior after a year in office. But Maccanico was unable to form a government despite the support of the three major voting blocs, and returned his mandate two weeks later. ....

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