aerojet rocketdyne holdings merger

What companies has Aerojet Rocketdyne Holdings acquired? NYSE - New York Stock Exchange Stock Prices & Quotes, Market Data & A to Z Company Listings. Aerojet Rocketdyne Holdings, Inc. (AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne (AJRD) by Lockheed Martin Corporation. Exhibit 99.1 . Aerojet Rocketdyne was formed in 2013 when Aerojet (then owned by GenCorp) and Pratt & Whitney Rocketdyne were merged, following the latter's acquisition by GenCorp from Pratt & Whitney. On April 27, 2015, the name of the holding company, GenCorp, was changed from GenCorp, Inc. to Aerojet Rocketdyne Holdings, Inc. The merger arbitrage spreads list is a FREE list of the largest all-cash deal spreads trading on a major U.S. stock exchange.This is the most recent list update of merger arbitrage opportunities as of July 12, 2021.The FREE merger tracker spreadsheet below contains the latest essential deal information and criteria as per official company announcements of the largest 20 deal spread … The special dividend was paid to holders of record as of March 10, 2021.. Payment of the special … Aerojet has been looking for merger partners off and on for years as the aerospace industry consolidates. “We’re starting out 2021 with a strong first quarter,” said Eileen P. Drake, CEO and President of Aerojet Rocketdyne Holdings, Inc. “Sales of $496 million are up 4% year over year and EBITDAP margins of 11.8% reflect the noticeable shift in contract mix from fixed price to cost-reimbursable contracts as we begin work on some of our new development programs. Most of its business is military-related, and thus the FTC will likely rely heavily on Pentagon assessments as to whether the proposed merger is good or bad for national security. The firm earned $30.86 million during the quarter. EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended March 31, 2021. Get Full Profile Access EL SEGUNDO, Calif., March 9, 2021 (Aerojet Rocketdyne PR) – Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). Agreement and Plan of Merger. In 1945, General Tire & Rubber jumped into the aerospace and defense industry with the purchase of Aerojet Engineering Corp. With the merger of Crosley Motors in 1953, the subsidiary was officially renamed Aerojet-General Corporation. Omega Flex has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 70.5. 222 N Pacific Coast Hwy Suite 502, El Segundo, California, 90245, United States. Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of the Company’s excess real estate assets. Financial Overview Three months ended March 31, 2021 2020 (In millions, except percentage and per share amounts)Net sales$496.1 $476.1 Net income18.1 31.4 Net income as a percentage of … Aerojet Rocketdyne Holdings (AJRD) Shares of Aerojet Rocketdyne Holdings (NYSE: AJRD ) are taking flight, pushing back towards prior highs hit in … The merger agreement unreasonably limits competing bids for RPAI by prohibiting solicitation of further bids, and imposing a termination penalty if RPAI accepts a superior bid. EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT).Approximately … EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT).Approximately … Pursuant to the merger agreement, Aerojet Rocketdyne stockholders will receive $56 in cash for each share of Aerojet Rocketdyne common stock owned. Return On Assets (TTM) is a widely used stock evaluation measure. (Bloomberg) --Raytheon Technologies Corp. plans to contest Lockheed Martin Corp.’s takeover of Aerojet Rocketdyne Holdings Inc., a key supplier of rocket engines. Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by Lockheed Martin. Monday, December 21, 2020. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread. Aerojet Rocketdyne’s facility in Canoga Park. Aerojet Rocketdyne said Tuesday holders of approximately 99.76 percent of its stock were in favor of the merger agreement, representing 78.78 … The filer was advised of these transactions on April 13, 2021. It acquired Rocketdyne in 2013 from Pratt & Whitney Aircraft. Headquartered in El Segundo, CA and founded in 1915, Aerojet Rocketdyne Holdings provides innovative solutions to its customers in the aerospace and defense. "Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defense industrial base and reduce costs for our customers and the American taxpayer," said James Taiclet, Lockheed Martin president and CEO. Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by Lockheed Martin. The industrial products company reported $0.62 earnings per share for the quarter. Monday, December 21, 2020. Aerojet Rocketdyne’s facility in Canoga Park. The merger is Aerojet's best bet to remain a viable competitor over the long run. Aerojet Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Aerojet Rocketdyne Holdings, Inc. Is Fair … EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). Filing Date: January 29, 2021. EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (LMT). Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of the Company’s excess real estate assets. Safran S.A. (France), Aerojet Rocketdyne Holdings, Inc. (US), SpaceX (US), IHI Corporation (Japan), and Northrop Grumman Corporation (US) are some of the leading players operating in the space propulsion market. About Aerojet Rocketdyne Holdings, Inc. Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of the Company’s excess real estate assets. Special to the Camden News. Tweet. Raytheon Technologies Corp. will contest the acquisition of Aerojet Rocketdyne Holdings Inc. by Lockheed Martin Corp., according to media reports. To date, Aerojet Rocketdyne has helped power more than 1,600 rocket launches and today stands at the forefront of the world’s journey to Mars. In 1984, the General Tire & Rubber name was changed to GenCorp and it was established as a parent holding company. Notably, the merger consideration is a discount to Aerojet's 52 week high stock price of $57.27. Aerojet Rocketdyne Holdings. Aerojet Rocketdyne Holdings (AJRD) Shares of Aerojet Rocketdyne Holdings (NYSE: AJRD ) are taking flight, pushing back towards prior highs hit in … Expanding human and robotic presence across the solar system. Aerojet Rocketdyne Holdings, Inc. Alaska Communications Systems Group, Inc. Amdocs, Ltd. American Renal Associates Holdings, Inc. American River Bankshares. Approximately 99.76% of the shares whose holders were present in person or by proxy at the special meeting were voted in favor of the adoption of the merger … EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. The special dividend was paid to holders of record as of March 10, 2021. Pursuant to the merger agreement, Aerojet Rocketdyne stockholders will receive $56 in cash for each share of … EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported … Download a list of all companies on New York Stock Exchange including symbol and name. Financial Overview Three months ended March 31, 2021 2020 (In millions, except percentage and per share amounts)Net sales$496.1 $476.1 Net income18.1 31.4 Net income as a percentage of … Aerojet is a rocket-propulsion company. Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). Aerojet Rocketdyne Holdings has acquired the companies: Vector, Vanguard … Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. On December 20, 2020, it was announced Aerojet Rocketdyne Holdings, Inc. would be acquired by … Aerojet Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Aerojet Rocketdyne Holdings, Inc. Is Fair … Aerojet Rocketdyne Holdings, Inc., formerly GenCorp, Inc., is an American technology-based manufacturer based in El Segundo, California.Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. This activity is part of an ongoing long-term portfolio diversification strategy that regularly includes similar transactions The filer's portfolio is managed by a third party investment professional. Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of the Company’s excess real estate assets. CMA – Competition & Markets Authority – Facebook, Inc / Giphy, Inc merger inquiry – on 16th July 2021 at 8:00 am; CMA – Competition & Markets Authority – AstraZeneca / Alexion Pharmaceuticals merger inquiry – on 14th July 2021 at 4:12 am; Merger Arbitrage Spread List July 4, 2021 Today, the company has aerospace and defense contracts, and they’re also involved in real estate. On December 20, 2020, Aerojet Rocketdyne Holdings, Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Lockheed Martin Corporation, a Maryland corporation (“Parent”), and Mizar Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), pursuant … Defense Trusted leader in defending America and its allies EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended March 31, 2021. The special dividend was paid to holders of record as of March 10, 2021. Find the latest Return On Assets (TTM) for Aerojet Rocketdyne Holdings, Inc. (AJRD) On December 20, 2020, it was announced Aerojet Rocketdyne Holdings, Inc. would be acquired by Lockheed Martin for $4.4 billion. Aerojet Rocketdyne Holdings, formerly GenCorp, is a diversified technology-based company that provides innovative solutions to its customers in the aerospace and defense, and real estate markets. A rocket engine designed by Aerojet Rocketdyne. EL SEGUNDO, Calif., - Aerojet Rocketdyne Holdings, Inc. announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger … On March 9, 2021, Shareholders of Aerojet Rocketdyne Holdings, Inc. (AJRD) will vote concerning the Omega Flex last announced its quarterly earnings data on April 21st, 2021. $1.9 B. Aerojet Rocketdyne Holdings is a major manufacturer of propulsion and energetics systems for the U.S. Department of Defense, NASA, and similar clients. In December, Bethesda, Maryland-based Lockheed (NYSE: LMT) said it would buy Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) to make its supply chain more efficient. “They are a huge supplier to us, and if that merger actually happens, you don’t have an independent supplier on the solid-rocket-motor side. Furthering Space Exploration and Access. Approximately 99.76% of the shares whose holders were present in person or by proxy at the special meeting were voted in favor of the adoption of the merger … Aerojet Rocketdyne Holdings's main competitors are: Nammo Talley, ArianeGroup, Rafael, Safran Aircraft Engines. This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is entered into as of December 20, 2020, by and among Lockheed Martin Corporation, a Maryland corporation (“Parent”), Mizar Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), and Aerojet Rocketdyne Holdings, Inc., a Delaware corporation (the “Company”). EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). EL SEGUNDO, Calif., March 9, 2021 – Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). Tweet. EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended March 31, 2021. Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by Lockheed Martin . Compared with defense mega-contractors such as Boeing, Lockheed Martin and Raytheon Technologies, Aerojet Rocketdyne Holdings is not a big company. EL SEGUNDO, Calif., March 9, 2021 (GLOBE NEWSWIRE) – Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne … Antitrust regulators will likely lengthen their investigation into Lockheed Martin Corp's proposed purchase of rocket maker Aerojet Rocketdyne Holdings … Aerospace & Defense, Manufacturing. Barron's also provides information on historical … Aerojet Rocketdyne (AJRD) Acquisition Lockheed Martin (LMT) and Aerojet Rocketdyne (AJRD) $4.4bn acquisition information including expected completion date, offer price and contact details are displayed in the acquisition details table below. On December 20, 2020, Aerojet Rocketdyne announced that it had signed an agreement to be acquired by Lockheed Martin for approximately $5 billion. Approximately … Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) Market Value: $3.78 Billion Based in California, the company was founded in 1915 and has cycled through different names over the years -- originally being called the General Tire and Rubber Company, then becoming GenCorp in 1984, then adopting its current name in 2015. A rocket engine designed by Aerojet Rocketdyne. ... up on the day by about 1.8%. On March 9, 2021, Shareholders of Aerojet Rocketdyne Holdings, Inc. (AJRD) will vote concerning the Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Monday, January 4, 2021. EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). Lockheed Martin Corporation (NYSE: LMT) has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. RS-25 (LH2/LOX) – Previously known as the Space Shuttle main engine (SSME), it was the reusable main engine developed by Rocketdyne for the now-retired Space Shuttle. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT). EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’s stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne … EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. Compared with defense mega-contractors such as Boeing, Lockheed Martin and Raytheon Technologies, Aerojet Rocketdyne Holdings is not a big company. BETHESDA, Md., Dec. 20, 2020 / PRNewswire / -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. --Aerojet Rocketdyne Holdings, Inc. today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne’ s stockholders approved the merger agreement providing for … Aerojet Rocketdyne Holdings Inc. (AJRD) Common Shares, and 2) $500.00 Cash (100 x $5.00 Pre-Closing Dividend), if any, contingent upon the merger described below closing after the close of business on March 10, 2021. Aerojet Rocketdyne Holdings Inc. (AJRD) Common Shares, and 2) $500.00 Cash (100 x $5.00 Pre-Closing Dividend), if any, contingent upon the merger described below closing after the close of business on March 10, 2021. Aerojet Rocketdyne Holdings Inc. disclosed in a filing with the U.S. Securities and Exchange Commission that it received a second FTC request for information about the pending merger. The company was founded in … According to the Complaint, Aerojet Rocketdyne Holdings, Inc. is a world recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers. NEW YORK , Feb. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, Inc. ("Aerojet" or the "Company") (NYSE: AJRD) in connection with the proposed acquisition of the Company by Lockheed Martin Corporation (NYSE: LMT), a global security and aerospace … Don’t miss out on business opportunities in Space Propulsion Market. Lockheed Martin said on Sunday that it has agreed to acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings for $4.4 billion, including debt and net cash. View today's stock price, news and analysis for Aerojet Rocketdyne Holdings Inc. (AJRD). While they began as a rubber manufacturing company, they transitioned into the space industry in the 1940s. Tweet. Rocketdyne, announced in December, is currently under review by the Federal Trade Commission. Tweet. HUNTSVILLE, Ala., June 21, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully tested a full-scale advanced solid rocket motor as part of an ongoing test series in support of Phase 2 of the Ope... 6 days ago - GlobeNewsWire Five Reasons Vertical Integration Is Not A Valid Basis For Blocking A Lockheed-Aerojet Merger Monday, January 4, 2021. (Bloomberg) -- Raytheon Technologies Corp. plans to contest Lockheed Martin Corp.’s takeover of Aerojet Rocketdyne Holdings Inc., a key supplier of rocket engines. Aerojet Rocketdyne Holdings (NYSE: AJRD) This California-based space company has a long and interesting history. 5,000. Rocket maker Aerojet Rocketdyne Holdings said on Friday it had received a second request from the U.S. Federal Trade Commission (FTC) for a … Mar 11, 2021 Aerojet Rocketdyne Holdings, Inc., said that at a special meeting held this week, Aerojet Rocketdyne’s stockholders approved the merger … In a story published Wednesday by Bloomberg, Raytheon Chief Executive Greg Hayes was quoted as saying that the deal gives them pause based on competition going forward. Contract:1) 100 Aerojet Rocketdyne Holdings Inc. (AJRD) Common Shares 2) $500.00 Cash (100 x $5.00), if any, contingent upon the merger closing after March 10, 2021 CUSIP:007800105 Delayed Settlement OCC will delay settlement of the cash portion of the AJRD deliverable until the status of the distribution is determined.