143 days ago • Posted by William Ramstein

Lockheed Martin buys rocket maker

Sunday evening, defense giant Lockheed Martin announced it is buying rocket maker Aerojet Rocketdyne for the equivalent of $56 in cash per share. Aerojet stock closed Friday at $42.04. The deal will bulk up Lockheed’s (ticker LMT) space portfolio. Source: Barrons

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#Stocks
LOCKHEED MARTIN BUYS ROCKET MAKER
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