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2023-07-31 19:35:29 ET Summary The acquisition of Aerojet Rocketdyne by L3Harris Technologies has been finalized. Opposition to the merger by Sen. Elizabeth Warren was driven by anti-consolidation and anti-corporate sentiment, rather than fact-driven concerns about competition. ...
2023-07-28 08:17:53 ET Madison Square Garden Sports ( MSGS ) will replace Aerojet Rocketdyne Holdings ( AJRD ) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 1. S&P 500 constituent L3Harris Technologies ( LHX ) is...
Madison Square Garden Sports Set to Join S&P SmallCap 600 Madison Square Garden Sports Set to Join S&P SmallCap 600 PR Newswire NEW YORK , July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Hol...
2023-07-27 13:52:48 ET Summary L3Harris Technologies reported a stellar 2Q23 with higher-than-expected revenue and EPS, driven by strong demand and easing supply chain issues. L3Harris' rock-solid guidance forecasts increased revenue and EPS, driven by strong demand, easing supply...
2023-07-26 16:49:27 ET L3Harris ( NYSE: LHX ) on Wednesday said antitrust authorities at the U.S. Federal Trade Commission won’t object to its proposed acquisition of Aerojet Rocketdyne ( NYSE: AJRD ). “We were advised today that the FTC will not block our ...
2023-07-26 11:20:11 ET Aerojet Rocketdyne ( NYSE: AJRD ) rose 1.2% on a report that its planned sale to L3Harris ( NYSE: LHX ) may close as early as this week after gaining Federal Trade Commission approval. Aerojet ( AJRD ) and L3Harris ( LHX ) are ex...
2023-07-25 16:35:17 ET Summary The iShares U.S. Aerospace & Defense ETF has remained relatively unchanged due to the changing dynamics in the industry and supply chain complexities. However, the acquisition of Aerojet Rocketdyne by L3Harris could address some of these supply i...
2023-07-21 15:00:10 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...
2023-07-13 13:15:06 ET Aerojet Rocketdyne ( NYSE: AJRD ) rose 0.4% amid a report that L3Harris ( NYSE: LHX ) committed to a merchant supplier relationship with the defense industry in the solid-rocket motor market. L3Harris ( LHX ) wrote a letter to the Defense D...
2023-07-12 16:35:51 ET Aerojet ( NYSE: AJRD ) rose 1.8% amid a report that the Department of Defense is expected to have no objections to the rocket maker's sale to L3Harris ( NYSE: LHX ). The Defense Department is expected to recommend to the Federal Trade Commissio...
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Madison Square Garden Sports Set to Join S&P SmallCap 600 Madison Square Garden Sports Set to Join S&P SmallCap 600 PR Newswire NEW YORK , July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Hol...
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 Aeroje...
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&...