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L3Harris Completes Aerojet Rocketdyne Acquisition
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company. L3Harris signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasizing its ability to strengthen the defense industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion systems. “I’m thrilled to welcome more than 5,000 employees to the L3Harris teamL3Harris' acquisition of Aerojet Rocketdyne nears completion - SpaceNews
L3Harris’ acquisition of Aerojet Rocketdyne nears completionAerojet Rocketdyne wins $67M contract for Orion thrusters built in Seattle area
Aerojet Rocketdyne says it’s received a $67 million contract award from Lockheed Martin to provide propulsion systems for the Orion spacecraft that’ll carry astronauts to the moon during three missions planned for the 2030s. The contract option for NASA’s Artemis 6, 7 and 8 missions follows up on Aerojet’s work on earlier missions in the Artemis program — including the uncrewed Artemis 1 mission that flew around the moon last year, and the history-making ArtemisLockheed Martin kills plans for acquiring Aerojet Rocketdyne after FTC blocks deal
Lockheed Martin says it’s terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.4 billion deal. In a statement, Lockheed Martin CEO James Taiclet said that in light of the lawsuit, calling off the acquisition was “in the best interest of our stakeholders.” Aerojet makes a wide variety of rocket engines — including in-space propulsion systems that are manufactured at its facility in