Reuters first to report Lockheed’s Aerojet deal gets support from 13 members of Congress

Business & Finance

Reuters was first to report that a bipartisan group of 13 members of the U.S. Congress sent a letter to the Pentagon supporting Lockheed Martin’s proposed acquisition of rocket engine maker Aerojet Rocketdyne. Shares of Aerojet rose more than 2% after the Reuters report as investors cheered congressional support for a deal that has run into headwinds among some lawmakers.

Market Impact

Shares of Aerojet rose more than 2% after the Reuters report.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Aerospace & DefenceEquities

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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