Defense firm L3Harris to buy Aerojet for $4.7 billion with eye on missile demand By Reuters


© Reuters. FILE PHOTO: The logo and ticker for L3Harris are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. defense contractor L3Harris Technologies (NYSE:) Inc said on Sunday it would buy Aerojet Rocketdyne Holdings (NYSE:) Inc for $4.7 billion in an all-cash transaction, as it looks to tap into rising demand for missiles amid the Ukraine conflict.

Be the first to comment

Leave a Reply

Your email address will not be published.


*