Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
FTC sues to block Lockheed Martin's Aerojet acquisition
Lawsuit filed
In 2022, US authorities announced they were suing to block Lockheed Martin's proposed $4.4 billion takeover of Aerojet Rocketdyne. According to the announcement, the authorities asserted that the deal would lead to higher costs on defense systems. The action was reported as a legal challenge aimed at stopping the proposed acquisition.
Source excerpt
US authorities announced Tuesday they are suing to block Lockheed Martin’s $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.