FTC Closes its Investigation into GenCorp’s Proposed Purchase of Pratt & Whitney Rocketdyne

The Federal Trade Commission has closed its investigation into the proposed acquisition of rocket engine manufacturer Pratt & Whitney Rocketdyne by aerospace company GenCorp Inc.  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 […]