
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.

A Border Patrol agent shot two people in Portland, Oregon, during a traffic stop after authorities said they were associated with a Venezuelan gang, another incident in a string of confrontations with federal authorities that have left Americans frustrated with immigration enforcement during the Trump administration.

Oregon authorities are investigating a shooting by a Border Patrol agent in Portland that wounded two people federal authorities say are tied to a violent international gang – an incident that renewed questions about the Trump administration’s handling of its immigration crackdown in the city and across the US.

Mutual distrust between federal and state authorities derailed plans for a joint FBI and state criminal investigation into Wednesday’s shooting of a Minneapolis woman by an ICE officer, leading to the highly unusual move by the Justice Department to block state investigators from participating in the probe.










