reports
Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Mo...
Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Motor for Kratos’ Zeus Program HUNTSVILLE, Ala., July 10, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully developed and static-fire tested the Zeus 1, an advanced stage 1 Large Solid Rocket Motor (LSRM) for Kratos. The motor met or exceeded performance expectations. “Congratulations to the Aerojet Rocketdyne and Kratos teams for this outstanding achievement,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “This test validated the robustness of our innovative motor design for an affordable hypers...
Initial RS-25 Certification Campaign of 12 Hot-Fire Tests Complete
Initial RS-25 Certification Campaign of 12 Hot-Fire Tests Complete STENNIS SPACE CENTER, Miss., June 23, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and NASA completed a certification test series yesterday for the new RS-25 production engines that will propel NASA’s Space Launch System (SLS) exploration rocket for Artemis missions, beginning with Artemis V. This test series ensures the new engines will perform with the same reliability and robustness of their predecessors. “With the completion of this 12-test campaign, we have cleared a major milestone in our RS-25 production restart pro...
Aerojet Rocketdyne Awarded Multi-Year Contract to Power Additional Jav...
Aerojet Rocketdyne Awarded Multi-Year Contract to Power Additional Javelins HUNTSVILLE, Ala., June 20, 2023 (GLOBE NEWSWIRE) -- In early April 2023, Aerojet Rocketdyne was awarded a two-year contract by Lockheed Martin, valued at $23.8 million, to continue its role in providing propulsion units for the Javelin missile. “Aerojet Rocketdyne has powered more than 50,000 Javelin missiles since the program’s inception more than 20 years ago,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “We look forward to continuing to deliver the motors for this proven and reliable system t...
Aerojet Rocketdyne Successfully Hot Fires Large Solid Rocket Motor to ...
Aerojet Rocketdyne Successfully Hot Fires Large Solid Rocket Motor to Power Missile Defense Agency’s Next Generation MRBM Target HUNTSVILLE, Ala., June 19, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully completed the qualification static fire test of the eSR-19, the advanced large solid rocket motor that will power the Missile Defense Agency’s (MDA) next generation Medium Range Ballistic Missile (MRBM) target used to test our nation’s missile defense systems. “I applaud the dedicated efforts by teams across Aerojet Rocketdyne to meet this important milestone,” said Eileen...
Aerojet Rocketdyne CEO Eileen Drake Honored as Director of the Year
Aerojet Rocketdyne CEO Eileen Drake Honored as Director of the Year EL SEGUNDO, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Eileen P. Drake, CEO and president of Aerojet Rocketdyne, Inc., will be honored as Director of the Year for Corporate Governance by the , on June 1, 2023, at a ceremony in Newport Beach, California. “It is a great honor to be recognized by the Forum for Corporate Directors as Director of the Year for Corporate Governance,” said Drake. “Behind every leader is a strong team, and I am proud to accept this award on behalf of the fantastic people I work alongside day in and...
Aerojet Rocketdyne Provides RL10 Upper-Stage Rocket Engine to Kennedy ...
Aerojet Rocketdyne Provides RL10 Upper-Stage Rocket Engine to Kennedy Space Center Visitor Complex and the Cox Science Center WEST PALM BEACH, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- Two Florida attractions now have RL10 upper-stage rocket engines on display, thanks to Aerojet Rocketdyne: the new ® at NASA’s Kennedy Space Center Visitor Complex on Merritt Island, and the (CSCA) in West Palm Beach where the RL10 is produced. “The RL10 has been the nation’s premier, high-performance launch vehicle upper-stage rocket engine for nearly 60 years,” said Eileen P. Drake, Aerojet Rocketdyne CEO ...
Aerojet Rocketdyne’s Jim Maser Earns Top Honors
Aerojet Rocketdyne’s Jim Maser Earns Top Honors LOS ANGELES, May 16, 2023 (GLOBE NEWSWIRE) -- Jim Maser, senior vice president of Aerojet Rocketdyne’s Space Business Unit, was selected as a 2023 Honorary Fellow of the American Institute of Aeronautics and Astronautics (AIAA) and elected as a member of the National Academy of Engineering (NAE). “I cannot think of a more deserving individual for these top honors,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “As the leader of our space propulsion business, Jim has made enormous contributions to our company, our industry and ...
Aerojet Rocketdyne Holdings, Inc. Reports 2023 First Quarter Results
Aerojet Rocketdyne Holdings, Inc. Reports 2023 First Quarter Results Record first quarter reported sales of $566 million EL SEGUNDO, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended March 31, 2023. Financial Overview Three months ended March 31, 2023 2022 (In millions, except percentage and per share amounts)Net sales$566.3 $511.1 Net income 27.8 27.8 Net income as a percentage of net sales 4.9% 5.4%Adjusted Net Income (Non-GAAP measure*) 34.4 36.9 Adjusted Net Income (Non...
Aerojet Rocketdyne to Provide Additional Armor-Piercing Components for...
Aerojet Rocketdyne to Provide Additional Armor-Piercing Components for M1 Abrams Main Battle Tank Rounds JONESBOROUGH, Tenn., April 20, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne’s specialty metal provider Aerojet Ordnance Tennessee (AOT) has been awarded a multi-year Indefinite Delivery Indefinite Quantity contract worth up to $75 million by the Army’s Project Manager for Maneuver Ammunitions Systems to provide M829A4 120mm Kinetic Energy round components. The M829A4 is an Armor-Piercing, Fin-Stabilized, Discarding-Sabot, Tracer round fired from the U.S. Army’s M1 Abrams Main Battle Tan...
Aerojet Rocketdyne to Provide Propulsion for Three Additional Orion Sp...
Aerojet Rocketdyne to Provide Propulsion for Three Additional Orion Spacecraft New contract will support NASA’s Artemis Missions VI-VIII REDMOND, Wash., April 19, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently received a $67 million contract award from Lockheed Martin to provide propulsion systems for the Orion spacecraft that are planned to launch on Artemis missions VI-VIII. This new work is an extension of the 2019 . The Orion spacecraft recently completed a successful test flight during NASA’s Artemis I mission, proving it is capable of safely carrying humans to deep space on ...
Aerojet Rocketdyne Delivers Propulsion for Artemis III Mission
Aerojet Rocketdyne Delivers Propulsion for Artemis III Mission LOS ANGELES, April 18, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently completed the four RS-25 engines that will power the core stage of NASA’s super heavy-lift Space Launch System (SLS) rocket during the historic Artemis III mission. Slated for launch around the middle of the decade, Artemis III is a planned lunar landing mission that will return humans to the surface of the Moon for the first time in more than 50 years. “The Artemis III mission is pivotal in our nation’s goal to return American astronauts to the surfa...
Aerojet Rocketdyne Awarded $215.6M to Supplement Ongoing Modernization...
Aerojet Rocketdyne Awarded $215.6M to Supplement Ongoing Modernization Efforts and Increase Solid Rocket Motor Manufacturing Capacity HUNTSVILLE, Ala., April 14, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has entered into a with the Defense Department to increase domestic rocket propulsion manufacturing capacity to meet increased warfighter demand for tactical missile systems used by the Department of Defense (DoD). Through the Cooperative Agreement with the Office of Manufacturing Capability Expansion and Investment Prioritization (MCEIP), Aerojet Rocketdyne will build additional mode...
Aerojet Rocketdyne Selected by Lockheed Martin to Power Additional THA...
Aerojet Rocketdyne Selected by Lockheed Martin to Power Additional THAAD Interceptors HUNTSVILLE, Ala., March 27, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a new contract by Lockheed Martin to produce additional solid rocket motors and Divert and Attitude Control Systems (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system for the Missile Defense Agency. The contract includes interceptor propulsion for U.S. government lots 13/14 as well as Foreign Military Sales. THAAD is one of the nation’s primary defenses against short, medium and intermediate-ran...
Aerojet Rocketdyne Streamlines Process to Increase GMLRS Rocket Motor ...
Aerojet Rocketdyne Streamlines Process to Increase GMLRS Rocket Motor Production HUNTSVILLE, Ala., March 23, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne continues to improve its processes to deliver advanced solid rocket motors to Lockheed Martin to power the Army’s Guided Multiple Launch Rocket System (GMLRS). The company continues to upgrade manufacturing facilities, purchase new equipment and automate processes to meet expected increased capacity needs, including incorporating automated X-ray technology to improve production efficiency and increase capacity. “Aerojet Rocketdyne has p...
Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3Harr...
Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3Harris EL SEGUNDO, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (or the “Company”) announced that at a special meeting held today, its stockholders voted to approve the Company’s proposed acquisition by L3Harris Technologies (NYSE: LHX). 99.7% of votes cast were in favor of the transaction. “We are pleased with the strong support of our stockholders for this transaction with L3Harris,” said Eileen P. Drake, CEO and president of Aerojet Rocketdyne. “Today’s stockholder appr...
Aerojet Rocketdyne Delivers 830,000th Attitude Control Motor for Patri...
Aerojet Rocketdyne Delivers 830,000th Attitude Control Motor for Patriot Missile as Investments Enable 40% Increase in Production HUNTSVILLE, Ala., Feb. 27, 2023 (GLOBE NEWSWIRE) -- As company investments enable significant increases in production, Aerojet Rocketdyne has now delivered the 830,000th Attitude Control Motor (ACM) for Patriot missile system variants, including the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE). “We take great pride in our role powering the PAC-3 MSE air defense missile system, and this milestone comes at a uniquely important time as ...
Aerojet Rocketdyne Begins Hiring for its New State-of-the-Art Manufact...
Aerojet Rocketdyne Begins Hiring for its New State-of-the-Art Manufacturing Facility in Huntsville HUNTSVILLE, Ala., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has begun hiring for its third campus in the Huntsville, Alabama area, a massive 379,000 sq. ft. manufacturing facility the company announced last fall, enabling the company to increase manufacturing capacity for the nation’s defense production needs. “Our work to power our nation’s defense and equip the warfighter is more critical than ever,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Increasing our ma...
Aerojet Rocketdyne’s Advanced Scramjet Engine Powers Hypersonic Vehicl...
Aerojet Rocketdyne’s Advanced Scramjet Engine Powers Hypersonic Vehicle Flight in Partnership with DARPA, AFRL, Lockheed Martin HUNTSVILLE, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- In partnership with the Defense Advanced Research Projects Agency (DARPA), Air Force Research Laboratory (AFRL) and Lockheed Martin team, an advanced Aerojet Rocketdyne scramjet engine powered the recent flight (announced Jan. 30) of the Hypersonic Air-breathing Weapon Concept (HAWC). This is the second successful flight test for this team. Launched from a B-52, the test flight exceeded Mach 5 while traveling m...
Aerojet Rocketdyne Holdings, Inc. Reports 2022 Fourth Quarter and Annu...
Aerojet Rocketdyne Holdings, Inc. Reports 2022 Fourth Quarter and Annual Results Record fourth quarter and annual sales of $648 million and $2,238 million, respectively EL SEGUNDO, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the fourth quarter and year ended December 31, 2022. Financial Overview Three months ended December 31, Year ended December 31, 2022 2021 2022 2021 (In millions, except percentage and per share amounts)Net sales$648.2 $589.7 $2,237.6 $2,188.0 Net income 16.1 41.0 ...
NASA’s Artemis I Mission Sees Successful Completion
NASA’s Artemis I Mission Sees Successful Completion Artemis Prime Industry Team Congratulates NASA on Success of Artemis I WASHINGTON, Dec. 11, 2022 (GLOBE NEWSWIRE) -- NASA’s Artemis I came to a successful conclusion today with the splashdown and recovery of the Orion spacecraft. This mission was an uncrewed, integrated flight test of the hardware and technology that will take humans back to the Moon for the first time in more than five decades. The Space Launch System (SLS) rocket, Orion spacecraft and Exploration Ground Systems (EGS) at NASA’s Kennedy Space Center in Florida perfor...
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