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2023-03-22 05:36:25 ET Summary I expect the deal to close, as it aligns with the US DoD objectives. The delay caused by the FTC's request for additional information should not have significant impacts. The timing is right for this deal given the urgency of the situation in Ukr...
2023-03-16 16:39:32 ET Aerojet Rocketdyne Holdings ( NYSE: AJRD ) stockholders have approved the proposed acquisition by L3Harris Technologies ( NYSE: LHX ) in a special meeting held on Thursday. The aerospace and defense products company said that 99.7% of vo...
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). ...
2023-03-16 08:45:20 ET Palm Beach, FL – March 16, 2023 – FinancialNewsMedia.com News Commentary – The worldwide Military Drone market has been rapidly expanding for the past several years and is expected to continue to show significant growth in the several ...
2023-03-09 03:28:50 ET Summary This month, I had 5 transactions. New forward dividends are approximately $1,250. Next month, I will look into Prosus, Armada Hoffler, Enbridge, and L3harris. For further details see: My Portfolio February Update: 4 Buys...
Summary Gabelli Funds’ 13F portfolio value increased from $12.13B to $12.87B this quarter. They decreased Apple, Alphabet, PNM Resources, Brown Forman, UnitedHealth, and Verizon during the quarter. The top five positions are NextEra Energy, Deere & Company, Mastercard, Ge...
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 S...
Summary Aerojet Rocketdyne stock has around 3% upside left. I believe opposition to the merger with L3Harris Technologies is not justified or supported by the reality of the business strengths of the companies. Aerojet Rocketdyne shares could be a sell, since taking profits and depl...
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...
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 Hy...
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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&...