Lockheed Martin buys Aerojet Rocketdyne to better compete with Musk’s SpaceX, Bezos’ Blue Origin

(CNBC) Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to the defense contractor as it competes against the likes of Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin in the growing space industry.

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