Business & Finance

Reuters first to report Lockheed’s Aerojet deal gets support from 13 members of Congress

Reuters was first to report that a bipartisan group of 13 members of the U.S. Congress sent a letter to the Pentagon supporting Lockheed Martin’s proposed acquisition of rocket engine maker Aerojet Rocketdyne. Shares of Aerojet rose more than 2% after the Reuters report as investors cheered congressional support for a deal that has run into headwinds among some lawmakers.

Market Impact

Shares of Aerojet rose more than 2% after the Reuters report.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & DefenceEquities
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Sign up for email updates

Subscribe
Sign up for email updates