“In terms of their vision for Aerojet, it’s not clear what the difference is between the two sides,” said Seth Seifman, an aerospace and defense analyst at J.P. Morgan. But “perhaps there’s some kind of opportunity … to influence shareholders one way or another.”
By Valerie InsinnaBAE Systems’ LR-PGK: The Superior Anti-Jam Solution
Going the distance to defeat emerging jam threats.
The report comes just days after a major deal between Lockheed Martin and Aerojet Rocketdyne was scuttled thanks to government pressure.
By Aaron Mehta Lockheed’s decision could leave Aerojet looking for another buyer as it tries to manage an internal struggle between executives.
By Valerie Insinna
If the Aerojet acquisition “doesn’t come to fruition, we’ll look at our available capital and we’ll apply it to the next highest best use,” which could be further mergers and acquisition, said Lockheed CEO Jim Taiclet.
By Valerie Insinna
“I think there’s not going to be an appetite for large scale M&A in in the defense industry,” the BAE Systems Inc. CEO said, while noting smaller add-ons will continue.
By Aaron Mehta
“The Aerojet Rocketdyne transaction continues moving through the regulatory approval process, and we now anticipate closing in the first quarter of 2022,” said Lockheed CEO James Taiclet.
By Valerie Insinna
The combined company will offer a wide range of unmanned vehicles (mostly small ones) for air, land, sea, and underwater, said exec Roger Wells.
By Sydney J. Freedberg Jr.
Gray Eagle is the low-cost, low-risk answer to Army modernization
Gray Eagle STOL and Gray Eagle 25M are the best options for Army aviation as it assesses where to move from its current inflection point.
The new owners bring venture capital and software expertise to upgrade Area-I’s ALTIUS mini-drone, already a favorite in Army experiments with ‘Air-Launched Effects.’
By Sydney J. Freedberg Jr.
“These GPS receivers provide secure and resilient position data that can help our PGMs be more precise,” explains BAE spokesperson Mark Daly.
By Theresa Hitchens
presented by
“These are engines that would fit on your tabletop,” said Kratos exec Stacey Rock. “We don’t want hundreds of ‘em, we want thousands [of drones] to overwhelm the threat.”
By Sydney J. Freedberg Jr.
Wall Street investors and Wall Street analysts, along with the Department of Justice, are pondering Disney’s massive acquisition of much of 21st Century Fox, a consolidation that may reshape the entertainment industry landscape. While defense mergers rarely involve anyone’s favorite movies and are financial dwarves compared to ones like 21st Century Fox and Disney, they remain…
By M. Thomas Davis
President Donald Trump has identified a fact few of his recent predecessors have understood: the Defense Industrial Base of the United States (DIB) is a critical component of our national security. The DIB is more important than any individual weapons program – be it an aircraft carrier, long range bomber, or high-tech tank. But for too…
By Jerry Hendrix and Robert O'Brien
The Department of Justice just told the Department of Defense to back off, and DoD did. It’s a rare public confrontation between two major government departments, especially over a subject as politically volatile as mergers and acquisitions, where the Pentagon had wanted more authority in a process Justice and the Federal Trade Commission currently control —…
By Sydney J. Freedberg Jr.
If aerospace titan Lockheed Martin gets to merge with the nation’s last provider of solid rocket motors, Aerojet Rocketdyne, it will do irreparable harm, argues retired Rear Adm. Don Loren in this op-ed.
By Don Loren