Commercial Spaceflight And The Dawning Age of NewSpace

Aerojet makes $2 bln offer for Lockheed-Boeing joint venture

(Reuters) – Aerojet Rocketdyne Holdings Inc has submitted a $2 billion offer to buy United Launch Alliance (ULA), a spacecraft launch services provider that is a joint venture of Lockheed Martin Corp and Boeing Co, according to sources familiar with the matter.

Aerojet Rocketdyne board member Warren Lichtenstein, the chairman and chief executive of Steel Partners LLC, approached ULA President Tory Bruno and senior Lockheed and Boeing executives about the bid in early August, the sources said.

Sourced through Scoop.it from: www.reuters.com

See on Scoop.itThe NewSpace Daily

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