Lockheed Martin Corporation’s (LMT) merger with Aerojet Rocketdyne Holdings, Inc. (AJRD) has hit a major hurdle as the U.S. Federal Trade Commission (FTC) decided to block the deal backed by a unanimous vote. Lockheed Martin is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests.  Aerojet Rocketdyne is the last independent U.S. supplier of missile propulsion systems. It deals in the supply of advanced power, propulsion, and armament systems, which are critical components for the missiles made by Lockheed and other defense contractors. The FTC seeks to file a complaint in the U.S.
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