Rocketdyne

US aerospace and defence contractor L3Harris Technologies will acquire Aerojet Rocketdyne, the last independent domestic maker of missile propulsion systems, in a $4.7bn deal.The…

HUNTSVILLE, Ala., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a $98.5 million contract under an Other Transaction Authority (OTA) by the Naval Aviation Systems…

Lockheed Martin, the world’s largest defense company by sales, had hoped to add Aerojet’s expertise in building rocket motors for its own missile and space systems. The proposed deal drew…

Lockheed Martin, the world’s largest defense contractor by revenue,…