Senator Warren wants to close FTC review of $ 4 billion Lockheed deal

Law360 (July 20, 2021, 6:45 p.m. EDT) – Senator Elizabeth Warren sent a letter to the Federal Trade Commission raising questions about the past management of defense mergers as authorities review the planned acquisition of $ 4.4 billion by Lockheed Martin Aérojet Rocketdyne.

Warren, D-Mass., Said on Tuesday she sent a letter to FTC President Lina Khan urging the agency to take a close look at how authorities have handled similar deals in the industry. defense, referring to vertical transactions involving companies at different points in the supply chain rather than direct competitors.

The committee is currently reviewing Lockheed’s Aerojet deal and has requested more information on it …

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