Acquisition Agreement for Aerojet Rocketdyne Terminated by Lockheed Martin

An acquisition agreement for Aerojet Rocketdyne has been terminated by Lockheed Martin after the U.S. Federal Trade Commission (FTC) filed a preliminary injunction late last month to block the move.

"Moving forward, we will maintain our focus on the most effective use of capital with the highest return on investment, including our ongoing commitment to r…