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FTC Approves Gencorp (Aerojet) Acquisition of PWR Despite Monopoly

FTC Approves Concludes Investigation of GenCorp’s Purchase of Pratt & Whitney Rocketdyne, FTC “Although the FTC concluded that the deal will give GenCorp a monopoly in the market for a type of advanced missile defense interceptor propulsion system, the Commission decided not to challenge the transaction, primarily because the Department of Defense wishes to see the transaction go forward for national security reasons.”

  • NASA Watch
  • June 12, 2013