Spotlight On Defense

Lockheed Martin enters agreement to acquire Aerojet Rocketdyne for $4.4B

As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share. 

The "Force" introduces new Artuμ unit as co-pilot on test mission

"Like any pilot, Artuμ (even the real R2-D2) has strengths and weaknesses," Air Force acquisition executive Will Roper tweeted Wednesday. "Understanding them to prep both humans and AI for a new era of algorithmic warfare is our next imperative step. We either become sci-fi or become history."