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FEDERAL TRADE COMMISSION v. LOCKHEED MARTIN et al
Case Number:
1:22-cv-00174
Court:
Nature of Suit:
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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February 14, 2022
Lockheed Abandons $4.4B Aerojet Deal Amid FTC Suit
Lockheed Martin Corp. has abandoned its planned $4.4 billion acquisition of rocket manufacturer Aerojet Rocketdyne, following scrutiny from Congress and a lawsuit from the Federal Trade Commission seeking to block the deal on antitrust grounds.
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February 10, 2022
Lockheed Gets Its May 23 Hearing In FTC Merger Challenge
A D.C. federal judge Thursday sided with Lockheed Martin Corp. in its scheduling spat with the Federal Trade Commission, tapping May 23 as the day to kick off a multiday preliminary injunction hearing regarding Lockheed's proposed $4.4 billion purchase of Aerojet Rocketdyne Holdings Inc.
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February 07, 2022
FTC, Lockheed Spar Over Timing Of Hearing On Aerojet Deal
The U.S. Federal Trade Commission and Lockheed Martin Corp. told a D.C. federal judge that despite whittling the gap down to under two weeks, they are still at odds over when to schedule a multiday preliminary injunction hearing regarding the latter's $4.4 billion proposed Aerojet Rocketdyne purchase.
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February 01, 2022
FTC Wants Early May Merger Trial, Lockheed Wants Later
The Federal Trade Commission and Lockheed Martin Corp. told a D.C. federal judge Tuesday that there's still daylight between them on when to schedule a multiday preliminary injunction hearing in the agency challenge to the defense giant's $4.4 billion proposed Aerojet Rocketdyne Holdings Inc. purchase, although an agreement appeared possible.
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January 28, 2022
Lockheed Wanted Aerojet To Hurt Rivals Pre-Deal, FTC Says
The Federal Trade Commission has unveiled important details of its challenge to Lockheed Martin's $4.4 billion proposed Aerojet purchase in redacted versions of its in-house and district court complaints, including an allegation that Lockheed previously pressed the missile propulsion systems company to cut off its defense contractor rivals.