Why L3Harris’ CEO Expects Approval for Proposed $4.7B Aerojet Buy

L3Harris Technologies believes it will get a different outcome regarding its agreement to acquire Aerojet Rocketdyne, the propulsion systems maker whose attempted sale to Lockheed Martin faced antitrust opposition. Why does L3Harris believes it can get an acquisition of Aerojet over that antitrust hurdle when the last attempt did not find regulatory favor? L3Harris’ CEO thinks the government will look at  this transaction and see it more as a horizontal move on the buyer’s part.