FTC Sues to Block Lockheed’s Purchase of Rocket Engine Company
The Federal Trade Commission has sued to block Lockheed Martin’s $4.4 billion proposed deal to buy Aerojet Rocketdyne, the last independent U.S. supplier of missile propulsion systems. The move could signal an emboldened FTC that could look to provide greater scrutiny on deals it considers potentially harmful to competition. Aerojet Read More