A boardroom battle at Aerojet Rocketdyne Holdings Inc. is playing out in lawsuits and clouding the future of the U.S. rocket engine maker, after the collapse of its planned $4.4 billion sale to Lockheed Martin Corp.
Aerojet is a supplier to defense companies and the National Aeronautics and Space Administration and is in the middle of an internal legal fight, pitting a board faction led by Aerojet Chief Executive Officer Eileen Drake against one headed by Warren Lichtenstein, the company’s executive chairman.
