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Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3Harris

Retrieved on:

Thursday, March 16, 2023

Acquisition, L3Harris Technologies, AJRD, Aerojet Rocketdyne Holdings, NYSE, Cryptocurrency

EL SEGUNDO, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (or the “Company”) announced that at a special meeting held today, its stockholders voted to approve the Company’s proposed acquisition by L3Harris Technologies (NYSE: LHX).

Key Points:

EL SEGUNDO, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (or the “Company”) announced that at a special meeting held today, its stockholders voted to approve the Company’s proposed acquisition by L3Harris Technologies (NYSE: LHX).
99.7% of votes cast were in favor of the transaction.
“We are pleased with the strong support of our stockholders for this transaction with L3Harris,” said Eileen P. Drake, CEO and president of Aerojet Rocketdyne.
“Today’s stockholder approval is another milestone in the process of bringing together our two world-class organizations to accelerate innovation and strengthen competition for national security and space exploration propulsion solutions.

L3Harris Statement on Aerojet Rocketdyne Shareholder Vote

Retrieved on:

Thursday, March 16, 2023

Other Manufacturing, Technology, Other Defense, Contracts, Security, Other Technology, Aerospace, Software, Manufacturing, Defense, Acquisition, AJRD, LHX, NYSE, Federal Trade Commission, Health care, Cryptocurrency, Sales

Today Aerojet Rocketdyne (NYSE: AJRD) shareholders overwhelmingly approved all necessary proposals to complete L3Harris Technologies’ (NYSE: LHX) acquisition of the company.

Key Points:

Today Aerojet Rocketdyne (NYSE: AJRD) shareholders overwhelmingly approved all necessary proposals to complete L3Harris Technologies’ (NYSE: LHX) acquisition of the company.
“The shareholder vote represents a key milestone in the acquisition process, and integration planning is underway,” said Christopher E. Kubasik, Chair and CEO, L3Harris.
“We continue to respond to Federal Trade Commission inquiries as we move toward an expeditious closing.”

Military Drone Market Expected To Expand Through 2028 on Heels of Technological Advancements

Retrieved on:

Thursday, March 16, 2023

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.

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North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.
Additionally, the market will likely expand further due to favorable rules by governments in the region and the increase in production of military drones internationally and domestically.
A report from Expert Market Research said that: "Asia Pacific is projected to experience significant expansion and a fast CAGR in the military drone market over the forecast period.
In the event of complete failure, military drones with fixed wings can still fly and land safely.

Military Drone Market Expected To Expand Through 2028 on Heels of Technological Advancements

Retrieved on:

Thursday, March 16, 2023

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.

Key Points:

North America has held a significant share in the military drone market, led by countries such as the United States, which have large defense budgets as sizable military budgets support the incorporation of cutting-edge technological advancements.
Additionally, the market will likely expand further due to favorable rules by governments in the region and the increase in production of military drones internationally and domestically.
A report from Expert Market Research said that: "Asia Pacific is projected to experience significant expansion and a fast CAGR in the military drone market over the forecast period.
In the event of complete failure, military drones with fixed wings can still fly and land safely.

SHAREHOLDER ALERT: Morris Kandinov Investigating AJRD, ARGO, ATCX, and BFLY; Shareholders are Encouraged to Contact the Firm

Retrieved on:

Thursday, March 16, 2023

Butterfly network, SAN, ARGO, GI Partners, Aerojet Rocketdyne Holdings, AJRD, Atlas, L3Harris Technologies, Argo Group, Real estate

If you are a current owner of shares, contact [email protected] or call (619) 780-3993 to speak with attorney Leo Kandinov.

Key Points:

If you are a current owner of shares, contact [email protected] or call (619) 780-3993 to speak with attorney Leo Kandinov.
Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Aerojet Rocketdyne Holdings, Inc.’s agreement to be acquired by L3Harris Technologies.
Morris Kandinov is investigating Butterfly Network, Inc. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
Concerned shareholders are encouraged to contact Leo Kandinov to learn more:

SHAREHOLDER ALERT: Weiss Law Reminds AJRD, SAL, MPB, and ISO Shareholders About Its Ongoing Investigations

Retrieved on:

Thursday, March 9, 2023

L3Harris Technologies, NYSE, Aerojet Rocketdyne Holdings, OTC, Law, Acquisition, NBT, AJRD, ISO, SAL, Multimedia, MPB, Security (finance)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD), in connection with the proposed acquisition of AJRD by L3Harris Technologies, Inc.

Key Points:

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD), in connection with the proposed acquisition of AJRD by L3Harris Technologies, Inc.
Under the terms of the merger agreement, AJRD shareholders will receive $58.00 in cash for each share of AJRD common stock owned.
Under the merger agreement, ISO shareholders will receive 0.612 shares of Berkeley Lights common stock for each ISO share, representing implied per-share consideration of $0.84 based upon Berkeley Lights' March 8, 2023 closing price of $1.38.
Upon completion of the transaction, Berkeley Lights shareholders will own 75.2% of the combined company, while IsoPlexis shareholders will only own 24.8% of the combined company.

AEROJET ROCKETDYNE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aerojet Rocketdyne Holdings, Inc. - AJRD

Retrieved on:

Wednesday, February 15, 2023

Class Action Lawsuit, Professional Services, Legal, Sale, L3Harris Technologies, NYSE, Aerojet Rocketdyne Holdings, AJRD, KSF, Aerojet

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to L3Harris Technologies (NYSE: LHX).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to L3Harris Technologies (NYSE: LHX).
Under the terms of the proposed transaction, shareholders of Aerojet will receive only $58.00 in cash for each share of Aerojet that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

DARPA, AFRL, Lockheed Martin and Aerojet Rocketdyne Team's Second Hypersonic Air-breathing Weapon Concept Launched from B-52 Accomplishes All Test Objectives

Retrieved on:

Monday, January 30, 2023

Mach, HAWC, LMT, Air Force Research Laboratory, Aerojet Rocketdyne, NYSE, B-52, AJRD, Skunk Works, AFRL, Mach 5, Investment, Research, Lockheed Martin, Jet fuel, DARPA

PALMDALE, Calif., Jan. 30, 2023 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA), Air Force Research Lab (AFRL), Lockheed Martin (NYSE: LMT) and Aerojet Rocketdyne (NYSE: AJRD) team accomplished their primary objectives during its second Hypersonic Air-breathing Weapon Concept (HAWC) flight test doubling the amount of scramjet powered vehicle data.

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The system performed as predicted travelling more than 300 nautical miles and reaching altitudes above 60,000 feet.
"Affordability and reliability are essential as we work to develop operational hypersonic solutions," said John Clark, vice president and general manager Lockheed Martin Skunk Works®.
The Lockheed Martin Skunk Works and Aerojet Rocketdyne team worked together to progress low-cost advanced manufacturing technologies, prioritizing extreme durability to vastly reduce piece and part cost.
Lockheed Martin's played a significant role in the research, development and demonstration of hypersonic technologies for close to 60 years.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues its Investigation of the Merger – CINC, LMST, AJRD, MLVF

Retrieved on:

Wednesday, February 8, 2023

Empire, CINC, NYSE, Acquisition, AJRD, LMST, L3Harris Technologies, Sale, Aerojet Rocketdyne Holdings, Monteverde, First Bank, AstraZeneca, Security (finance)

Under the terms of the agreement, CINC shareholders are expected to receive $26.00 and one Contingent Value Right worth $10.00 in cash per share they own.

Key Points:

Under the terms of the agreement, CINC shareholders are expected to receive $26.00 and one Contingent Value Right worth $10.00 in cash per share they own.
It is free and there is no cost or obligation to you.
Under the terms of the agreement, LMST shareholders are expected to receive 0.90 shares of People’s per share they own.
Under the terms of the agreement, MLVF shareholders will receive 0.7733 shares of First Bank and $7.80 in cash per share they own.

Lifshitz Law PLLC Announces Investigations of QUMU, AJRD, TCFC, and COUP

Retrieved on:

Thursday, December 29, 2022

Telephone, AJRD, Hewlett, L3Harris Technologies, TCFC, Advent International, Advertising, Community, Sale, PLLC, Life insurance, Online shopping, Property management

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of QUMU to Enghouse Systems Ltd. for $0.90 per share in cash.

Key Points:

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of QUMU to Enghouse Systems Ltd. for $0.90 per share in cash.
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of AJRD to L3Harris Technologies for $58.00 per share is fair to AJRD.
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of MAXR to Advent International for $53.00 per share in cash.
The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.