Lockheed Martin (LMT) and Aerojet Rocketdyne (AJRD) $4.4bn acquisition information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal failed to materialize as of Febuary 13, 2022
Aerojet Rocketdyne (NYSE: AJRD) Acquisition
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Aerojet Rocketdyne (NYSE: AJRD) Acquisition - Merger News and Events
The major acquisition news updates & events of Aerojet Rocketdyne (AJRD) by Lockheed Martin (LMT) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Lockheed Martin (LMT) buyout of Aerojet Rocketdyne (AJRD) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments.
Following the acquisition news section, there is an in-depth company profile.
Aerojet Rocketdyne Company Profile
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates through two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the United States government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors.
This segment provides liquid and solid rocket propulsion systems, air-breathing hypersonic engines, and electric power and propulsion systems for space, defense, civil, and commercial applications; and armament systems.
The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company’s excess real estate assets. It owns approximately 11,394 acres of land adjacent to the United States Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in El Segundo, California.
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