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Tag Archives: AJRD

Aerojet Rocketdyne Buys Additive Manufacturing Firm 3DMT; Eileen Drake Quoted

Aerojet Rocketdyne (NYSE: AJRD) has purchased 3D Material Technologies from ARC Group Worldwide for an undisclosed sum in a move to expand its capabilities to develop additive manufacturing-based metal alloy components for aerospace power and propulsion systems. “The addition of 3DMT’s capacity and expertise in metal alloy additive manufacturing expands our range …

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23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …

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Aerojet Rocketdyne Agrees to Buy L3’s Coleman Aerospace Subsidiary; Eileen Drake Comments

Aerojet Rocketdyne Holdings (NYSE: AJRD) has agreed to acquire L3 Technologies‘ (NYSE: LLL) Coleman Aerospace business for $15 million cash in a push to expand the former’s systems engineering and mission analysis expertise. Coleman Aerospace will be renamed “Aerojet Rocketdyne Coleman Aerospace Inc.” upon closure of the deal and is forecast to generate nearly $40 million in …

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Aerojet Rocketdyne Completes Tests on Boeing’s CST-100 Launch Abort Engines

TYSONS CORNER, VA, Nov. 2, 2016 — Aerojet Rocketdyne (NYSE: AJRD) has completed several hot fire tests on two launch abort engines intended to support the propulsion system of Boeing‘s (NYSE: BA) CST-100 Starliner service module, ExecutiveBiz reported Tuesday. Aerojet Rocketdyne said Monday the tests sought to determine the capacity of the …

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Lockheed Martin Names Subcontractors to Support Bid for Air Force ICBM Replacement Project

TYSONS CORNER, VA, Oct. 17, 2016 — Lockheed Martin (NYSE: LMT) has submitted its bid and named the companies it will subcontract for the U.S. Air Force’s ground-based strategic deterrent program, ExecutiveBiz reported Thursday. The National Defense Magazine reported Thursday General Dynamics (NYSE: GD), Draper Labs, Aerojet Rocketdyne (NYSE: AJRD) and Orbital ATK (NYSE: OA) will provide …

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June 28 Market Close: GovCon Index Shows Rebound as Markets Attempt Reversal From Brexit Shock

Executive Mosaic’s GovCon Index received a modest boost Tuesday from attempts by U.S. and global equity markets to shake off a two-day rout spurred by Britain’s vote to leave the European Union with help from strong activity in McKesson Corp. (NYSE: MCK) and Honeywell (NYSE: HON). The GovCon Index gained 0.725 points to 76.502 as the …

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Aerojet Rocketdyne to Consolidate 6 Business Units Into Defense, Space Organizations

Aerojet Rocketdyne (NYSE: AJRD) will combine its six business units into defense and space organizations as part of a corporate reorganization effort. The company said Monday the future senior vice presidents of Aerojet Rocketdyne Inc.‘s defense and space businesses will report directly to Eileen Drake,  president and CEO of Aerojet Rocketdyne Holdings. …

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ULA Vet Scott Ward to Join Aerojet Rocketdyne as Engineering VP

Scott Ward, a former director of engines and motors at the United Launch Alliance, will join Sacramento, Calif.-based propulsion technology manufacturer Aerojet Rocketdyne (NYSE:AJRD) as vice president of engineering. The 27-year aerospace engineering veteran will assume his new role on April 4 to offer more than 27 years of aerospace engineering, program management and product development experience, Aerojet …

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