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Purchase Price Represents a Premium of Approximately 33% Companies’ Complementary Capabilities and Talent to Enable Growth in Hypersonics, Tactical Missiles, Integrated Air and Missile Defense, Strategic Systems and Space Exploration Transaction Provides Greater V...
The all-cash deal works out to $56 per share for Aerojet Rocketdyne (AJRD), or $51 after the payment of a special $5 per share pre-closing dividend. Aerojet Rocketdyne closed at $42.04 on Friday.Lockheed Martin (LMT) CEO James Taiclet: "This transaction enhances Lockheed Martin's su...
Lockheed Martin to Acquire Aerojet Rocketdyne, Strengthening Position as Leading Provider of Technologies to Deter Threats and Help Secure the United States and its Allies Aerojet Rocketdyne's Complementary Capabilities and Skilled Workforce to Enable Growth in Hypersonics, Tact...
EL SEGUNDO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Major contract awards to support the nation’s heavy-lift exploration rocket and next-generation strategic deterrent programs were among the 2020 highlights for Aerojet Rocketdyne. Other contributors to another successful yea...
Aerojet Rocketdyne had been trending lower since February, but a rally that started at the beginning of November appears to have broken the downward trend. Solid earnings and revenue growth should help move the stock higher in the coming quarters. There is a sense of pessimism fro...
HUNTSVILLE, Ala., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and the Air Force Research Laboratory (AFRL) have achieved record levels of thrust by a scramjet engine 10 years after making history by powering the first hydrocarbon-fueled and cooled air-breathing hypersonic flight te...
CAPE CANAVERAL, Fla., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne powered the recent successful launch of a United Launch Alliance (ULA) Delta IV Heavy rocket yesterday from Cape Canaveral Air Force Station in Florida. The rocket launched a classified national security payload for ...
CAPE CANAVERAL, Fla., Nov. 13, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne propulsion hardware played a key role in the successful launch of a classified U.S. National Reconnaissance Office (NRO) payload from Space Launch Complex 41 here aboard a United Launch Alliance (ULA) Atlas V rocket....
The race for U.S. president may yet hang in the balance - but with Congress mostly settled, Canaccord Genuity aerospace/defense analysts have clear takeaways from the U.S. election for their covered stocks. And with the Democrats retaining the House (and "it looks like the Republicans will re...
Aerojet Rocketdyne (AJRD): Q3 GAAP EPS of $0.38 misses by $0.08.Revenue of $527.7M (+9.5% Y/Y) beats by $8.65M.Shares -0.72%.Press Release For further details see: Aerojet Rocketdyne EPS misses by $0.08, beats on revenue
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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&...