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The Last Time This Firm Did a Deal, Its Stock Doubled – and a New Deal Is Brewing

Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) - the prime supplier of rocket motors that let missile interceptors do their jobs - is launching a preemptive strike of its own.

Brand-new published reports say the Sacramento, Calif.-based company has made a $2 billion bid to buy United Launch Alliance (ULA), the commercial spacecraft-launching venture that's a joint operation of The Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT).

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