L3Harris confident it can close Aerojet Rocketdyne acquisition this year

By Shelley K. Mesch / April 28, 2023 at 2:23 PM
L3Harris Technologies executives are confident that the company's $4.7 billion acquisition of Aerojet Rocketdyne will go through this year despite a delay last month, CEO Chris Kubasik said Friday. The Federal Trade Commission, which must approve the acquisition, requested additional information from L3Harris, but Kubasik said during the company’s first-quarter earnings call that he doesn’t see a reason for the FTC to block the sale. The acquisition wouldn’t reduce the number of competitors for contracts because Aerojet’s business is in...

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