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L3Harris-Aerojet Rocketdyne deal requires 'public transparency' from US Defense Department, Democratic lawmakers say

( July 11, 2023, 18:15 GMT | Official Statement) -- MLex Summary: L3Harris Technologies' agreement to acquire Aerojet Rocketdyne Holdings for $4.7 billion threatens competition and national security, would increase prices, reduce innovation and degrade the defense industrial base, according to a letter from US Senator Elizabeth Warren and congressional Democrats to Defense Department leaders. "We are concerned with DoD’s history of flawed merger reviews," they wrote, requesting "as much public transparency as possible" and setting a July 21 deadline for answers to a list of questions regarding the department's analyses and communications regarding the deal. Full statement follows....

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