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 »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 »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.
Read More »Aerojet Rocketdyne to Develop Torpedo Propulsion System for Navy; Eileen Drake Quoted
Aerojet Rocketdyne will develop a propulsion technology for an anti-submarine warfare weapon under a $63.2M other transaction agreement with the U.S. Navy.
Read More »Aerojet Rocketdyne to Build Rocket Engine Tech Under NASA Space Act Agreement; Eileen Drake Quoted
Aerojet Rocketdyne has agreed to design and produce a rocket engine assembly for NASA through additive manufacturing approaches as part of a Space Act Agreement with the agency's Marshall Space Flight Center.
Read More »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 …
Read More »Jim Maser Named Aerojet Rocketdyne Space Business SVP
Jim Maser, a more than 32-year aerospace industry veteran and former president of technical consulting firm James G. Advisors, has been named senior vice president of Aerojet Rocketdyne‘s (NYSE: AJRD) space business in a move that takes effect Aug. 13. Aerojet Rocketdyne said Wednesday Maser will report directly to President and CEO …
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