Lockheed Martin terminates $4.4 billion deal to acquire Aerojet
Taiclet added, “We stand by our long heritage as a merchant supplier and trusted partner and will continue to support Aerojet Rocketdyne and other essential suppliers in the Defense Industrial Base still overcoming the challenges of the pandemic.”
“We are confident in our future performance with an impressive backlog that is more than three times the size of our annual sales and a strong macroeconomic environment underpinning our portfolio,” it added.
– CNN Business’ Rob McLean contributed to this report
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