Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two companies in the aerospace industry: Aerojet Rocketdyne Holdings Inc. and Maxar Technologies Inc. The Case For Aerojet Rocketdyne This rocket and missile propulsion manufacturer can trace its roots back to 1915 as the General Tire and Rubber Company, which partnered in 1945 with a rocket engine manufacturer to form Aerojet-General. General Tire and Rubber became GenCorp in 1984 and acquired Aerojet’s rival Pratt & Whitney Rocketdyne in 2013. In December 2020, Lockheed Martin announced it was acquiring Aerojet Rocketdyne for $4.4 billion, with the transaction slated to close in late 2021. However, Raytheon Holdings Corp raised an objection to the acquisition in February 2021. At publication, the U.S. Federal Trade Commission has not ruled on whether the acquisition can …
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