Business
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.
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.