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.
Read More »James Taiclet: Hypersonic Weapons Programs Drive Growth in Lockheed’s Space Segment
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company saw earnings growth in the space segment and attributed the increase to hypersonic weapons programs, Defense News reported Tuesday.
Read More »Lockheed Teams Up With Aerojet Rocketdyne on Next-Gen Interceptor Contract Bid
Lockheed Martin (NYSE: LMT) has partnered with Aerojet Rocketdyne (NYSE: AJRD) to compete for the Missile Defense Agency’s Next-Generation Interceptor program.
Read More »Northrop Gets $13.3B Ground-Based Strategic Deterrent ICBM Dev’t Contract; Kathy Warden Quoted
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a potential $13.3B contract to build the Ground-Based Strategic Deterrent intercontinental ballistic missile system.
Read More »Weekly Roundup: Aug. 17 – Aug. 21, 2020
THIS WEEK’S TOP 10 MOST POPULAR STORIES AECOM Names New Executives to Leadership Team; Troy Rudd Quoted AECOM has appointed Gaurav Kapoor, current chief accounting officer of the company, as chief financial officer (CFO), Douglas Stotlar as independent chairman of the Board of Directors and Troy Rudd as director of the Board, effective Aug. 15. Bradley …
Read More »Aerojet Rocketdyne Appoints Dan Boehle as CFO; Eileen Drake Quoted
Dan Boehle, formerly vice president, controller and chief accounting officer at Aerojet Rocketdyne (NYSE: AJRD), has taken on a new role as the company’s chief financial officer.
Read More »ULA’s Atlas V Rocket Launches NASA’s Perseverance Rover for Mars 2020 Mission
A United Launch Alliance-built Atlas V rocket carrying NASA’s Perseverance rover lifted off Thursday from a launch complex at Cape Canaveral Air Force Station in Florida as part of the Mars 2020 mission.
Read More »Industry Execs Among Nominated Advisers to National Space Council
Twenty-eight representatives from the government, private and academic sectors have been appointed to serve for a term of up to two years on the user’s advisory group of the National Space Council.
Read More »Former Lockheed VP Amy Gowder Named Aerojet Rocketdyne COO; Eileen Drake Quoted
Amy Gowder, a more than two-decade aerospace and technology market veteran, has been appointed chief operating officer of Aerojet Rocketdyne (NYSE: AJRD) with responsibility over its Centers of Excellence operations.
Read More »Aerojet Rocketdyne Books $1.8B Follow-On NASA Rocket Engine Production Contract; Eileen Drake Quoted
Aerojet Rocketdyne (NYSE: AJRD) has been awarded a nine-year, $1.79B follow-on contract to produce 18 more RS-25 cryogenic engines to power Space Launch System rockets NASA intends to use on Artemis exploration missions.
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