Raytheon CEO not pleased with Lockheed-Aerojet deal

摘要

The chief executive of Raytheon Technologies said today the company is not pleased with Lockheed Martin's planned acquisition of Aerojet Rocketdyne and will share those worries with the Justice Department and the Pentagon.During a virtual conference hosted by Barclays, Greg Hayes said Aerojet is a "huge supplier to us.""If that merger actually happens, you don't have an independent supplier on the solid-rocket motor side," he said."It also, I think, gives us pause as we think about the competitive landscape going forward.""We're going to make our concerns known to the DOJ and the Department of Defense and just see how this whole thing plays out," Hayes added.Lockheed, which announced the deal late last year, has dismissed concerns about Aerojet's customers, arguing Lockheed already is a supplier to many of these companies.