Tag Archives: Aerojet Rocketdyne

Aerojet Rocketdyne, an L3Harris Technologies company, will leverage ongoing upgrades to its solid rocket motor manufacturing facilities to fulfill a new contract from Lockheed Martin to continue providing propulsion systems for the U.S. Army’s Guided Multiple Launch Rocket System (GMLRS) program. Last year, the Army awarded Lockheed Martin a contract …

L3Harris Technologies has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company. L3Harris signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasizing its ability to strengthen the defense industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion …

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 …

Lockheed Martin Corporation announced it has terminated its agreement to acquire Aerojet Rocketdyne Holdings, Inc. The decision to terminate the agreement follows the U.S. Federal Trade Commission’s (FTC) lawsuit filed late last month seeking a preliminary injunction to block the acquisition. “Our planned acquisition of Aerojet Rocketdyne would have benefitted …

Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a post-dividend equity value of $4.6 …

Lockheed Martin teamed with Aerojet Rocketdyne on a proposal to compete for the Next Generation Interceptor (NGI) contract for The Missile Defense Agency (MDA). Lockheed Martin is offering an interceptor designed from the ground up as an all-up-round to address all elements of environmental survivability from day one. Our partner …