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Steel Partners Holdings L.P. (together with its affiliates, “Steel Partners” or “we”), which owns approximately 5.2% of the outstanding shares of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (“Aerojet Rocketdyne” or the “Company”...
Russia twice deployed its newest Kinzhal hypersonic missile in Ukraine over the weekend, claiming to have hit an underground ammunition depot in Diliatyn on Saturday and a fuel storage site near Mykolaiv on Sunday. Analysts say it marks the first time hypersonic missiles have been used in com...
Bad news can be good news if you have the pattern beforehand and plan for it. There is nothing magical in how I would trade it, I have discussed hedging before. The key insight is that we know there will be a tradable pattern beforehand. The reason technology led the rally this we...
Steel Partners Holdings L.P. (together with its affiliates, “Steel Partners” or “we”), which owns approximately 5.2% of the outstanding shares of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (“Aerojet Rocketdyne” or the “Company”...
EL SEGUNDO, Calif., March 09, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today announced that it will participate in the J.P. Morgan Industrials Conference being held on March 16, 2022. Chief Financial Officer Dan Boehle is scheduled to present at 8 a.m. ED...
The space industry witnessed a record private investment last year, reflecting a growing interest in this domain. Moreover, the space ecosystem is advancing with significant investments in research and development. Given this backdrop, space stocks Trimble (TRMB), Aerojet (AJRD), and Astronic...
The shares of leading aerospace and defense equipment manufacturer Aerojet Rocketdyne Holdings (ARJD) have gained momentum over the past few days as war has broken out between Russia and Ukraine. However, because the company’s proposed merger with Lockheed Martin (LMT) fell through, wi...
Issues Letter to Fellow Shareholders Regarding Steel Partners’ Decision to Nominate Its Own Slate of Seven Highly Qualified Director Candidates Steel Partners Holdings L.P. (together with its affiliates, “Steel Partners” or “we”), which...
There aren’t very many companies quite like SpaceX. The venture carries NASA astronauts to the International Space Station, takes people for joyrides into space, and delivers communications satellites into orbit. Eventually, its founder wants it to transport people to Mars. Learn h...
Northrop Grumman has seen a solid 2021 and guides for stable results this year. I like the positioning and diversification of the business, with multiplies being non-demanding at 16 times earnings. I see long-term value given the positioning and valuation, with geopolitical risks ...
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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&...