Aerojet Rocketdyne
Lockheed Martin to acquire Aerojet Rocketdyne, seeks growth in hypersonics and space - News
December 21, 2020BETHESDA, Md. Lockheed Martin has entered into a definitive agreement to acquire aerospace and defense engine maker Aerojet Rocketdyne Holdings for $56 per share in cash, expected to be reduced to $51 per share after the payment of a preclosing special dividend; the deal will operate on a postdividend equity value of $4.6 billion and a total transaction value of $4.4 billion, including the assumption of net cash.
Hot-fire tests of air-breathing hypersonic engine completed with Aerojet Rocketdyne - News
December 16, 2020EL SEGUNDO, Calif. Aerojet Rocketdyne and the Air Force Research Laboratory (AFRL) claim to have achieved record levels of thrust by a scramjet engine. The AFRL-Aerojet Rocketdyne team completed a series of hot-fire tests of an advanced air-breathing hypersonic engine under the U.S. Air Force’s Medium Scale Critical Components (MSCC) program.
OpFires program charts another milestone in quest for ground-launched hypersonic missile - News
July 21, 2020HUNTSVILLE, Ala. Aerojet Rocketdyne reports successful completion of its second series of propulsion-system tests in support of the Operational Fires (OpFires) program, a project spearheaded by the Defense Advanced Research Projects Agency (DARPA) to develop a ground-launched tactical hypersonic missile.