EL SEGUNDO, Calif., Feb. 13, 2022 – Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today reaffirmed its strong foundation for substantial value creation following the termination of its merger agreement with Lockheed Martin Corporation. The Company issued the following statement:
Aerojet Rocketdyne's Innovative Solid Rocket Motor Technology Supports the U.S. Army's LC-TERM ProgramHUNTSVILLE, Ala., Feb. 9, 2022 – Aerojet Rocketdyne has successfully tested an advanced solid rocket motor as part of the U.S. Army Low Cost Tactical Extended Range Missile (LC-TERM) Technology Program. Capabilities demonstrated under the LC-TERM program have applicability to the U.S. Army’s Multiple Launch Rocket System (MLRS) family of munitions.
Aerojet Rocketdyne Demonstrates Groundbreaking Propulsion for Next Generation TorpedoesHUNTSVILLE, Ala., Feb. 8, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully built and tested a Stored Chemical Energy Propulsion, or SCEPS, lithium boiler which could be used to power the U.S. Navy’s next generation torpedoes.
Aerojet Rocketdyne Holdings, Inc. Announces Update on Proposed Merger Transaction with Lockheed MartinEL SEGUNDO, Calif., Jan. 25, 2022 – Earlier this month, Lockheed Martin and Aerojet Rocketdyne agreed with the Federal Trade Commission (FTC) that we would not close the transaction before Jan. 27, 2022, to enable the parties to discuss the scope and nature of the merchant supply and firewall commitments previously offered by Lockheed Martin.