Aerojet makes $2 billion offer for Lockheed-Boeing joint venture: sources

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Go back to Aerojet makes $2 billion offer for Lockheed-Boeing joint venture: sources

Aerojet Rocketdyne (AJRD) Trades to Highs Ahead of Reported Bid for United Launch Alliance

September 9, 2015 2:06 PM EDT

Aerojet Rocketdyne (NYSE: AJRD) is moving to the highs of the session on earlier report the company made a $2 billion offer for United Launch Alliance, a joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT). Shares of AJRD are up 10% mid-day.

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Lockheed Martin (LMT) Announces Headcount Reduction for IS&GS Unit

September 9, 2015 8:31 AM EDT

Lockheed Martin (NYSE: LMT) announced that its Information Systems & Global Solutions (IS&GS) segment will reduce its workforce by approximately 500 positions by mid-November 2015. This action is in response to shifting government priorities, changing industry dynamics and efforts to improve IS&GS' competitiveness.

Lockheed Martin announced in... More