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L3Harris buys Aerojet Rocketdyne for $4.7 billion


It has been a long time coming, but Rocket engine producer Rocketdyne Jets very likely to become part of a larger defense and aerospace company.

US defense contractor

L3Harris Technology

(code: LHX) announced on Sunday year agreement to buy Aerojet for about $58 a share in cash. The deal values ​​Aerojet at about $4.7 billion including corporate debt.

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