Lockheed Martin terminates $4.4 billion deal to acquire Aerojet Rocketdyne
CNN
U.S. arms maker Lockheed Martin Corp said on Sunday it terminated its plan to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion.
The move comes after the U.S. Federal Trade Commission voted unanimously last month to sue to block the deal over antitrust concerns.
The merger, which was announced in late 2020, drew criticism as it would give Lockheed a dominant position over solid fuel rocket motors -- a vital piece of the U.S. missile industry.
The Supreme Court on Friday sided against the Trump administration, keeping alive a federal lawsuit from immigration judges who are attempting to challenge a policy that limits their ability to speak publicly.
The Department of Homeland Security announced its intention to pause a visa program intended to admit certain individuals to the United States, though it’s unclear whether it’s been suspended entirely.
New signage is being installed at Washington, DC’s performing arts center on Friday to include President Donald Trump’s name.
A simmering battle over the future of President Donald Trump’s political movement exploded on one of the right’s biggest stages Thursday, as prominent conservative influencers used Turning Point USA’s annual youth conference to attack each other and their competing visions.
A recently enacted US House map would again make Troost Avenue a dividing line in the community, part of a plan to have Democratic-leaning Kansas City represented by three separate Republican lawmakers.
How should a military commander respond if they determine they have received an unlawful order?
The White House is heading into a critical midterm year beset by economic challenges, as it tries to manage stubbornly high prices, a frustrated electorate and a commander-in-chief who struggles to show sympathy toward voters’ pain.
Congressional Republicans have sent lawmakers home for the holidays without voting to address the Obamacare subsidies cliff that will hit millions of Americans on New Year’s Day — infuriating some of their own rank and file.
A jury found a Wisconsin judge – accused of helping an undocumented immigrant dodge federal authorities – guilty of obstruction Thursday, marking a victory for President Donald Trump as he continues his sweeping immigration crackdown across the country.
A number of Jeffrey Epstein survivors voiced their concern in a private meeting with female Democratic lawmakers earlier this week about the intermittent disclosure of Epstein-related documents and photos by Democrats on the House Oversight Committee, sharing that the selective publication of materials was distressing, four sources familiar with the call told CNN.
The US military conducted strikes against two alleged drug-trafficking boats in the eastern Pacific Ocean on Thursday, killing 5 people, according to US Southern Command.
Four-term North Carolina Democratic Gov. Jim Hunt, a towering figure in North Carolina politics in the late 20th century who helped leaders from both major parties strive for public education reform, died Thursday at the age of 88, his daughter Lt. Gov. Rachel Hunt announced.
President Donald Trump announced Thursday the White House will host the “Patriot Games,” a competition with young athletes from across the county, as part of the celebration of the United States’ 250th anniversary next year.