Five Issues Washington Should Consider In Reviewing A Lockheed-Aerojet Merger [Forbes]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: Forbes
In December the world’s biggest military contractor, LockheedLMTAJRDMany observers assumed the deal would receive favorable treatment from regulators, because in 2018 Northrop GrummanNOCOrbital’s engine business at the time was considerably larger than Aerojet’s, due mainly to its near-monopoly in the future manufacture of large solid-fuel rocket engines for launch vehicles and nuclear missiles.It retains that status as part of Northrop Grumman today. In fact, the only opportunity Aerojet has for building “large solids” in the near future is its role as a supplier to prime contractor Northrop on a replacement of the Minuteman III intercontinental ballistic missile. Northrop secured that contract in 2019.Aerojet Rocketdyne provides propulsion for the Terminal High Altitude Area Defense, which intercepts... [+]fast-moving ballistic missiles.WikipediaI should mention that I have had relationships of one sort or another with every company mentioned in this commentary. As a result, I have
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