L3Harris Technologies to buy aerospace and defense firm Aerojet Rocketdyne

L3Harris Technologies to buy aerospace and defense firm Aerojet Rocketdyne

L3Harris Technologies has agreed to acquire rival aerospace and defense firm Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, in an all-cash transaction valued at $4.7 billion, including the assumption of net debt. Through its second acquisition announcement of 2022, L3Harris Technologies anticipates further improving its delivery of critical capabilities to warfighters and supporting the […]