Raytheon to challenge Lockheed’s takeover of Aerojet, CEO says
February 18, 2021
WASHINGTON ― Raytheon Technologies plans to challenge Lockheed Martin’s proposed $4.4 billion takeover of Aerojet Rocketdyne with the U.S. government, CEO Greg Hayes said Wednesday.
“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…