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Merger activity decreased last week with four new deals announced. The acquisition of Enable Midstream Partners by Energy Transfer. The acquisition of Tribune Publishing Company by Alden Golden Capital. For further details see: Merger Arbitrage Mondays - Consolidati...
Aerojet Rocketdyne (AJRD): Q4 Non-GAAP EPS of $0.47 beats by $0.01; GAAP EPS of $0.43 misses by $0.04.Revenue of $556.5M (+6.4% Y/Y) beats by $14.33M.Press Release For further details see: Aerojet Rocketdyne EPS beats by $0.01, beats on revenue
EL SEGUNDO, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the fourth quarter and year ended December 31, 2020. Financial Overview _______ * The Company provides Non-GAAP measur...
The U.S. Federal Trade Commission is likely to extend an antitrust review of Lockheed Martin's (LMT) planned purchase of Aerojet Rocketdyne (AJRD), according to a Reuters report.The initial review period for the deal expires tomorrow.Earlier today, the Raytheon (RTX) CEO said he planned ...
REDMOND, Wash., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne propulsion will play a critical role in the Feb. 18 landing of NASA’s Perseverance rover on the surface of Mars. Perseverance will be NASA’s 9th landing on Mars and Aerojet Rocketdyne propulsion has play...
Raytheon Technologies ([[RTX]] -0.6%) plans to contest Lockheed Martin's ([[LMT]] +0.5%) proposed $4.4B takeover of Aerojet Rocketdyne ([[AJRD]] +0.0%) with the U.S. Justice and Defense departments, CEO Greg Hayes says.Aerojet is "a huge supplier to us, and if that merger actually happen...
Merger activity increased last week with five new deals announced. The acquisition of Glu Mobile by Electronic Arts. MKS Instruments and II-VI Incorporated bid for Coherent. For further details see: Merger Arbitrage Mondays - Bidding War For Coherent Continues
LOS ANGELES, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently received a contract award to deliver up to two Multi-Mission Radioisotope Thermoelectric Generators (MMRTG) to the U.S. Department of Energy (DOE) for use in future planetary science missions. MMRTGs are radioisotope...
China has successfully put its Tianwen-1 mission in orbit around Mars, joining the United Arab Emirates, which accomplished the same feat on Tuesday.Difference of missions: China's undertaking consists of an orbiter, deployable camera, lander and rover, which will search for evidence of curre...
Steel Connect is a $120mm market cap special situation, with activist investors awaiting the company's strategic review. STCN has $2.00-3.00 per share of hidden value in the company's $2.1 billion of net operating losses (NOLs). The largest shareholder Steel Partners (SPLP) has pr...
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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&...