L3Harris to close Aerojet Rocketdyne acquisition deal this week

By Apurva Minchekar / July 27, 2023 at 11:25 AM
L3Harris Technologies this morning announced the Federal Trade Commission would not block the company's Aerojet Rocketdyne acquisition and the deal is expected to close on or about July 28. “This is one of the final closing conditions for the transaction,” Christopher Kubasik, L3Harris chair and chief executive officer, said during the company's second-quarter earnings call. Kubasik said the acquisition will leverage the defense industrial base to accelerate innovation and provide support to the warfighter. He noted the company did not...

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