Aerojet Rocketdyne to be Acquired by Lockheed Martin in $5.0 Billion All-Cash Transaction

EL SEGUNDO, Calif., Dec. 20, 2020 – Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that it has entered into a definitive agreement to be acquired by Lockheed Martin Corporation (NYSE: LMT) in an all-cash transaction with a total equity value of $5.0 billion.

Aerojet Rocketdyne Delivers Key Space and Defense Capabilities for the Nation During 2020

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.

Another Aerojet Rocketdyne Hypersonic Engine Makes History

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 test. The AFRL-Aerojet Rocketdyne team recently completed a successful series of hot-fire tests of an advanced air-breathing hypersonic engine under the United States Air Force’s Medium Scale Critical Components (MSCC) program.

Aerojet Rocketdyne Powers ULA Launch of National Reconnaissance Office Payload

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 the U.S. National Reconnaissance Office (NRO).

Aerojet Rocketdyne Propulsion Plays Key Role in Atlas V Mission for the NRO

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.