[Global Network Military Report] According to the US "Defense World" website on December 21, the US Lockheed Martin recently stated that it plans to acquire Aerojet Rocketdyne, a US rocket engine manufacturer, for US$4.4 billion in 2021. The company has been cooperating with the US military to develop hypersonic engines for many years.
It is reported that Lockheed Martin designs and produces fifth-generation fighter jets for the US military. Lockheed Martin's CEO stated that this acquisition will make the company a "leading supplier of war solutions in the 21st century."
Aerojet Rocketdyne has set a new record of 13,000 pounds of thrust for aero engines.
According to reports, this acquisition is the largest commercial activity undertaken by Lockheed Martin’s new CEO Jim Taiclet since he took office in June. Some military commentators pointed out that the acquisition may pave the way for the development of hypersonic aircraft engines, and at the same time strengthen its rocket manufacturing level to help it deal with competition from rivals such as SpaceX and Blue Origin.
In this regard, Techclate said that the acquisition of Rocketdyne Airlines has consolidated an important pillar of the US defense industry, while also reducing costs for our customers and US taxpayers. He believes that this transaction strengthens support for the United States’ “critical security missions” and establishes the United States’ leadership in hypersonic technology, and that Lockheed Martin will also become a “leading supplier of war solutions for the 21st century” Quotient".
According to the agreement, Lockheed Martin stated that it will acquire Aerojet Rocketdyne at a price of $56 per share, a 33% premium over the closing price on December 18. It is reported that the transaction is expected to be completed in the second half of 2021 after obtaining the approval of the relevant regulatory authorities. According to another report by
, Aerojet Rocketdyne, as a partner of DARPA's "Advanced Full Speed Domain Engine" project, has achieved a number of technological breakthroughs in aero engines. A "dual-mode" engine is currently being developed, which can work on the principle of a turbojet engine in low-speed flight mode, and then becomes a ramjet engine after Mach 3.
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