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“United Technologies”
Is GenCorp (Aerojet) Buying Rocketdyne?

United Tech in talks to sell Rocketdyne to GenCorp, Reuters “United Technologies Corp (UTX) is in final discussions to sell its Rocketdyne business to GenCorp Inc (GY), a maker of aerospace propulsion systems, two people familiar with the matter said on Wednesday. The deal, which may come late this week or early next week according to one of the sources, represents part of the diversified U.S. conglomerate’s efforts to divest […]

  • NASA Watch
  • July 19, 2012