{"id":17419,"date":"2022-02-14T20:57:27","date_gmt":"2022-02-14T12:57:27","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/lockheed-martin-kills-plans-for-acquiring-aerojet-rocketdyne-after-ftc-blocks-deal\/"},"modified":"2022-02-14T20:57:27","modified_gmt":"2022-02-14T12:57:27","slug":"lockheed-martin-kills-plans-for-acquiring-aerojet-rocketdyne-after-ftc-blocks-deal","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/lockheed-martin-kills-plans-for-acquiring-aerojet-rocketdyne-after-ftc-blocks-deal\/","title":{"rendered":"Lockheed Martin kills plans for acquiring Aerojet Rocketdyne after FTC blocks deal"},"content":{"rendered":"<p>Lockheed Martin says it\u2019s terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.4 billion deal. In a statement, Lockheed Martin CEO James Taiclet said that in light of the lawsuit, calling off the acquisition was \u201cin the best interest of our stakeholders.\u201d Aerojet makes a wide variety of rocket engines \u2014 including in-space propulsion systems that are manufactured at its facility in Redmond, Wash. \u2014 and the FTC said the deal would have given Lockheed Martin the ability to restrict purchases of critical hardware by its aerospace rivals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lockheed Martin says it\u2019s terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.4 billion deal. In a statement, Lockheed Martin CEO James Taiclet said that in light of the lawsuit, calling off the acquisition was \u201cin the best interest of our stakeholders.\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[864,39,4661,4662,472],"class_list":["post-17419","post","type-post","status-publish","format-standard","hentry","category-news","tag-aerojet-rocketdyne","tag-aerospace","tag-federal-trade-commission","tag-ftc","tag-lockheed-martin"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17419"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=17419"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17419\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=17419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=17419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=17419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}