Sign In
Search
Business/Financial

Sen. Warren Introduces Antitrust Bill She Says Would Have Prohibited Lockheed-Aerojet Deal

Cal Biesecker By
SHARE:
Sen. Warren Introduces Antitrust Bill She Says Would Have Prohibited Lockheed-Aerojet Deal
Sen. Elizabeth Warren (D-Mass.)

Sen. Elizabeth Warren (D-Mass.) on Wednesday introduced legislation aimed at stopping large, anticompetitive mergers that would also give antitrust regulators more authorities to stop deals without going to court. Warren said the Prohibiting Anticompetitive Mergers Act of 2022 (S. 3847) would have prohibited Lockheed Martin's [LMT] proposed $4.4 billion acquisition of rocket maker Aerojet Rocketdyne [AJRD], which was ultimately blocked by the Federal Trade Commission (FTC) due to anticompetitive concerns. The bill was introduced in the House by Rep. Mondaire…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Trump To Defense Industry Leaders: Slash Executive Pay, Dividends And Buybacks In Favor Of Production Investments

Business/Financial

CACI Makes Play To Bolster Space Capabilities With $2.6 Billion Bid For ARKA Group

Business/Financial

Still Early Days But DoD Taking Positive Steps To Improve Acquisition, Lynn Says Ahead Of Exit

Business/Financial

Sidus Space Looks to Raise $25M in Public Offering

Trending

U.S. Used Over 150 Aircraft In Operation To Capture Venezuela’s Maduro, Caine Says
Still Early Days But DoD Taking Positive Steps To Improve Acquisition, Lynn Says Ahead Of Exit
Coast Guard Awards $3.3 Billion In Polar Icebreaker Contracts To Bollinger And Rauma
Boeing Awarded $8.6 Billion Deal To Build Israel’s New F-15IA Fighter Jets
Lockheed’s Venture Arm Invests In Battery Technology Company South 8

Contract Updates

UPDATE: Affirmative Solutions LLC (Cheyenne, Wyoming (SPE2DE-26-D-0003) – $49,500,000)

UPDATE: Affirmative Solutions LLC,** Cheyenne, Wyoming (SPE2DE-26-D-0003, $49,500,000) has been added as an awardee to the multiple award contract for medical and surgical supplies for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DE-22-R-0017/SPE2DE-26-R-0003 and awarded Sept. 28, 2023. 

BL Harbert International LLC (Birmingham, Alabama) – $171,506,091

BL Harbert International LLC, Birmingham, Alabama, was awarded a $171,506,091 firm-fixed-price contract for the conversion of existing administrative space to a data center, laboratories, and updated administrative space. Bids were solicited via the internet with three received. Work will be…

ICF Mercantile LLC (Warren, New Jersey) – $150,000,000

ICF Mercantile LLC,* Warren, New Jersey, has been awarded a maximum $150,000,000 firm-fixed-price delivery order (SP8000-26-F-0008) issued against an indefinite-delivery/indefinite-quantity contract (SP8000-26-D-0005) for aerospace grade rayon fiber. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as…

Lockheed Martin Corp. (Orlando, Florida) – $328,500,000

Lockheed Martin Corp., Orlando, Florida, was awarded a ceiling of $328,500,000 undefinitized contract action issued as a letter contract for Department of Defense and Foreign Military Sales (FMS) Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting Infrared…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume