BETHESDA, Md., Dec. 20, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. Acquiring Aerojet. Lockheed Martin announces a deal to acquire Aerojet Rocketdyne for $4.4 billion by Alan Boyle on December 20, 2020 at 8:49 pm December 20, 2020 at 9:39 pm Share 74 Tweet Share Reddit Email BETHESDA, Md. Aerojet Rocketdyne is a storied and leading aerospace and defense rocket engine manufacturer. Aerojet Rocketdyne employs nearly 5,000 workers and has 15 primary operations sites in the U.S., according to the press release announcing the deal. EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. ; Payable March 10. Aerojet Rocketdyne Pays Previously-Declared Special Dividend. How will that happen? Aerospace giant Lockheed Martin Corp. is set to acquire El Segundo-based Aerojet Rocketdyne Holdings Inc. in a deal worth $4.4 billion, according to Lockheed Martin. In 2019, it notched almost $2 billion in revenue and employed almost 5,000 employees at … Aerojet Rocketdyne (NYSE:AJRD) paid $5.00/share special dividend. --- Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. Lockheed Martin Corporation, Bethesda, Maryland, USA, has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc., El Segundo, California, USA, for a total transaction value of $4.4 billion. SACRAMENTO, Calif., Jun 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- GenCorp Inc. (NYSE: GY) announced today that its Aerojet-General Corporation subsidiary (Aerojet) has acquired from Pratt & Whitney Space Propulsion certain assets relating to solid rocket motor programs performed at its San Jose, Calif. facility. Shares of Aerojet Rocketdyne stock opened at $47.19 on Monday. From a report: This reflects how legacy defense companies are racing to keep up with Elon Musk and Jeff Bezos in space, a dynamic that also helped drive Raytheon's merger effort with United Technologies. Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year. Headquartered in Sacramento, California, the company is owned by Aerojet Rocketdyne Holdings.Aerojet Rocketdyne was formed in 2013 when Aerojet (then owned by GenCorp) and Pratt & Whitney Rocketdyne were merged, following the latter's acquisition by GenCorp from Pratt & Whitney. Aerojet Rocketdyne issued an appropriate internal directive prohibiting conduct proscribed by this clause, and notified its employees of these requirements and possible consequences of noncompliance. Its 2019 revenue was approximately $2 billion. Lockheed Martin, the world’s largest defense contractor, announced Sunday that it would acquire Aerojet Rocketdyne, a rocket engine and missile manufacturer, for $4.4 billion. Lockheed Martin to acquire Aerojet Rocketdyne for $4.4 billion by Sandra Erwin — December 20, 2020 A 3D-printed thrust chamber for the RL10 engine undergoes a hotfire test. Aerojet Rocketdyne (ehemals GenCorp) ist ein US-amerikanischer Hersteller von Raketentriebwerken für die Raumfahrt und ballistische Raketen.Zu seinen Hauptabnehmern zählt Aerojet Rocketdyne das Verteidigungsministerium der Vereinigten Staaten, die NASA, sowie privatwirtschaftliche Unternehmen wie Boeing, die United Launch Alliance, Lockheed Martin und Raytheon. Lockheed Martin has agreed to buy Aerojet Rocketdyne for $4.4 billion in cash (including assumed debt). This represents a 33 percent premium of Aerojet Rocketdyne… Lockheed Martin entered into an agreement Sunday to acquire aerospace and defense rocket engine manufacturer Aerojet Rocketdyne for $4.4 billion, including debt and net cash. Aerojet Acquires Two Key Solid Rocket Motor Programs. Lockheed Martin has agreed to acquire Aerojet Rocketdyne for $56 per share in cash. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 31.05 and a … LM to Acquire Aerojet Rocketdyne, Strengthening Position as Leading Provider of Technologies to Deter Threats and Help Secure the United States and its Allies. Aerojet Rocketdyne is an American rocket and missile propulsion manufacturer. Lockheed Martin (LM), the U.S.’s largest defence contractor, will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 … Lockheed Martin to acquire Aerojet Rocketdyne (20 December 2020 - Lockheed Martin) Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. Lockheed Martin Corp. (Bethesda, Md., U.S.) announced on Dec. 20 that it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (Sacramento, Calif., U.S.) for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. Aerojet Rocketdyne Holdings Inc. is being acquired by Lockheed Martin in a $5 billion deal. Lockheed Martin Corp said on Sunday it has agreed to buy U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash. Late last year, Lockheed Martin announced plans to acquire and merge into its own space operations rival rocket company Aerojet Rocketdyne in … Raytheon Technologies plans to challenge Lockheed Martin’s proposed $4.4 billion takeover of Aerojet Rocketdyne with the U.S. government, says CEO Greg Hayes. Today, Lockheed Martin announced an intent to acquire Aerojet Rocketdyne in a $4.4 billion cash transaction. Lockheed Martin intends to acquire rocket engine and spacecraft propulsion maker Aerojet Rocketdyne in a deal that values the company at $4.6 billion. Lockheed Martin is purchasing Aerojet Rockdyne in an all-cash transaction, paying $56 per share of Aerojet Rocketdyne stock.