L3Harris Technologies (LHX) received a request for additional information from the Federal Trade Commission as part of the regulatory review process for the acquisition of Aerojet Rocketdyne (AJRD). The second request extends the waiting period imposed by the Hart-Scott-Rodino Act until 30 days after L3Harris and Aerojet Rocketdyne have substantially complied with the request, or the waiting period is terminated sooner by the FTC. The transaction is expected to close in 2023, subject to approval by Aerojet Rocketdyne’s shareholders tomorrow and other customary closing conditions.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on LHX:
- L3Harris announces $765M contract from NASA for imager for NOAA system
- L3Harris Technologies awarded reflectors contract from Maxar Technologies
- L3Harris Technologies receives contract from Lockheed Martin for Viper Shield
- L3Harris Technologies increases quarterly cash dividend to $1.14 per share
- L3Harris Technologies selected to train all pilots for All Nippon Airways