FTC has urged Lockheed Martin to block a $ 4.4 billion deal to buy Aerojet Rocketdyne
The Federal Trade Commission (FTC) has filed a proceeding to thwart the pending trade defense, and aerospace giant Lockheed Martin has filed a proceeding to acquire Aerojet Rocketdyne. The total value of the proposed transaction is $ 4.4 billion, consisting of cash and debt, but the U.S. trade regulator has harmed Lockheed Martin and rival defense contractors with a combination of the two companies. It claims to provide leverage that can be used for further integration. Multiple markets essential for national security and defense. Aerojet Rocketdyne supplies key systems, including rockets and missile engines, to many major defense contractors and acts as a subcontractor in the area of propulsion system components for missiles and hypersonic cruises. It is one of the few with the expertise and scale to do. Missile production (the other is Northrop Grumman).