L3Harris Statement on Aerojet Rocketdyne Shareholder Vote
03/16/2023 - 04:45 PM
MELBOURNE, Fla. --(BUSINESS WIRE)--
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.”
About L3Harris Technologies
L3Harris Technologies
Forward-Looking Statements
This news release contains forward-looking statements that reflect management's current expectations. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results or outcomes to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about closing timing are forward-looking and involve risks and uncertainties. Important risk factors that could cause actual results or outcomes to differ from those expressed in the forward-looking statements are described in the “Risk Factors” sections of the company’s Annual Report on Form 10-K for the year ended December 30, 2022 . The forward-looking statements speak only as of the date of this press release, and L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
View source version on businesswire.com : https://www.businesswire.com/news/home/20230316005740/en/
Mark Kratz
Mark.Kratz@L3Harris.com
Paul Swiergosz
Paul.Swiergosz@L3Harris.com
Source: L3Harris Technologies
Aerojet Rocketdyne Holdings Inc
AJRD Rankings
N/A Ranked by Stock Gains
AJRD Stock Data
Industry
Guided Missile and Space Vehicle Manufacturing
Sector
Manufacturing
Tags
Electronic Technology, Aerospace & Defense, Manufacturing, Guided Missile and Space Vehicle Manufacturing
Country
US
City
Rancho Cordova
About AJRD
aerojet rocketdyne holdings, inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the united states. the company operates through two segments, aerospace and defense, and real estate. the aerospace and defense segment offers aerospace and defense products and systems for the united states government, including the department of defense, the national aeronautics and space administration, and aerospace and defense prime contractors. this segment provides liquid and solid rocket propulsion systems, air-breathing hypersonic engines, and electric power and propulsion systems for space, defense, civil, and commercial applications; and armament systems. the real estate segment engages in the re-zoning, entitlement, sale, and leasing of the company's excess real estate assets. it owns approximately 11,394 acres of land adjacent to the united states highway 50 between rancho cordova and folsom, california east of sacramento. the company was formerly know
