General Electric (GE) and L3Harris Technologies (LHX) are among the companies competing to acquire rocket maker Aerojet Rocketdyne (AJRD), people familiar with the matter tell Reuters’ Mike Stone and David Carnevali. Textron (TXT) and private equity firm Veritas Capital are also vying to acquire Aerojet, which has been running a process to sell itself after its $4.4B sale to Lockheed Martin (LMT) was blocked by antitrust regulators in February, Reuters said. If negotiations conclude successfully, a deal could be inked by the end of December, the sources added.
Published first on TheFly
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