L3Harris to Acquire Aerojet Rocketdyne

Rocket Lab to Acquire Iridium Communications

September 24, 2026

Telecommunications

Rocket Lab will acquire Iridium Communications in a merger in which Iridium stockholders are to receive $27.00 in cash plus Rocket Lab shares for each Iridium share, for a stated notional value of $54.00 per share. Iridium stockholders approved the merger, but the transaction remains subject to regulatory approvals and other closing conditions and is expected to be completed by mid-2027.

AE Industrial Partners Acquires L3Harris Space Propulsion, Power and Electronics Units to Launch Rocketdyne

January 5, 2026

Aerospace & Defense

AE Industrial Partners, LP has finalized the acquisition of L3Harris Technologies’ space propulsion, power and electronics units and is launching the acquired operations as an independent company named Rocketdyne. L3Harris will retain a minority stake and continue as a strategic partner, with the investment focused on scaling technologies such as the RL10 rocket engine, in-space propulsion thrusters, and nuclear power/energy solutions for space applications.

BWX Technologies Completes Acquisition of L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business

January 3, 2025

Industrial Services

BWX Technologies (BWXT) completed its acquisition of L3Harris Technologies' Aerojet Ordnance Tennessee (A.O.T.) business as of January 3, 2025. The ~$100 million transaction expands BWXT’s special materials capabilities, with A.O.T. operating within BWXT’s government operations segment.

TransDigm Acquires DART Aerospace for Approximately $360M

March 14, 2022

Aerospace & Defense

TransDigm Group Incorporated agreed to acquire DART Aerospace, a Montreal-based manufacturer of helicopter mission equipment, from Greenbriar Equity Group and First Aviation Services for approximately $360 million in cash. DART, which generates roughly $100 million in pro forma 2022 revenue and employs about 400 people across facilities in Canada, the U.S. and Mexico, was acquired to expand TransDigm's proprietary product and aftermarket capabilities; the deal is expected to close in Q2 2022 subject to customary approvals.

Rocket Lab Acquires SolAero Holdings

December 13, 2021

Aerospace & Defense

Rocket Lab signed a definitive agreement to acquire SolAero Holdings, Inc. for $80 million in cash, to add SolAero’s space solar power products and precision aerospace structures to its space systems business. The transaction was later closed, with SolAero’s leadership expected to continue under its President and CEO, Brad Clevenger.

Lockheed Martin Acquires Hypersonics Portfolio from Integration Innovation (i3)

October 9, 2020

Aerospace & Defense

Lockheed Martin signed a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), specifically i3's hypersonics strike and defense portfolio. The asset is expected to close in about 30 days, and upon closing the hypersonics portfolio will be managed by Lockheed Martin's Space business area to expand hypersonic-specific capabilities for government and commercial customers.