Search Results for: Aerojet Rocketdyne

Lockheed Strikes $4.4B Deal for Aerojet Rocketdyne; James Taiclet, Eileen Drake Quoted

James Taiclet President and CEO Lockheed Martin

Lockheed Martin (NYSE: LMT) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.4B in a move to expand its capabilities in the areas of hypersonics, space exploration, integrated air and missile defense and tactical missiles. The deal is expected to conclude in the second half of 2021, subject to approval by Aerojet Rocketdyne’s stockholders, regulatory clearances and other customary closing conditions.

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Boeing Teams Up With General Atomics, Aerojet Rocketdyne to Pursue Next-Gen Interceptor Program; Norm Tew Quoted

Norm Tew VP and GM Boeing

Boeing (NYSE: BA) has partnered with Aerojet Rocketydyne and General Atomics’ electromagnetic systems business to form an industry team to compete for the Missile Defense Agency’s Next-Generation Interceptor program. Norm Tew -- vice president and general manager of the missile and weapon systems division at Boeing’s defense, space and security business -- said the Boeing-led team aims to deliver critical technology to improve the country’s homeland missile defense by building on the companies’ decades of combined experience in missile and weapons systems.

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