With its acquisition of Aerojet Rocketdyne Holdings Inc., Lockheed Martin Corp. will boost its presence in the space industry and the Valley.
The Bethesda, Md.-based aerospace and defense contractor is buying Aerojet in El Segundo for $5 billion cash. Lockheed will pay $56 a share for Aerojet stock although a special dividend of $5 per share will be paid to stockholders in March. That dividend will reduce the price per share paid by Lockheed to $51.  ...

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