Welcome to our dedicated page for Aerojet Rocketdyne Hldgs news (Ticker: AJRD), a resource for investors and traders seeking the latest updates and insights on Aerojet Rocketdyne Hldgs stock.
Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) is a leader in advanced aerospace propulsion and defense systems, powering missions for NASA and the U.S. military. This dedicated news hub provides investors and industry professionals with timely updates on strategic developments, technological breakthroughs, and operational milestones.
Our curated collection features official press releases and verified news covering contract awards, propulsion system innovations, and financial performance. Track updates on key programs like NASA’s Artemis missions and next-generation defense technologies while staying informed about corporate governance developments.
Discover updates across critical categories including government contracts, space exploration initiatives, hypersonic engine advancements, and facility investments. The resource is designed for efficient monitoring of AJRD’s contributions to national security and space infrastructure.
Bookmark this page for direct access to Aerojet Rocketdyne’s latest achievements in liquid/solid rocket propulsion and land asset management. Check regularly for authoritative updates from one of aerospace’s most essential technology providers.
Aerojet Rocketdyne has been selected to provide propulsion systems for the Navy's new Compact Rapid Attack Weapon (CRAW), collaborating with Raytheon Missiles & Defense. This torpedo will utilize an innovative Stored Chemical Energy Propulsion System (SCEPS), enhancing its performance. The company will manufacture key components at its Coleman Aerospace subsidiary. Additionally, Aerojet is contracted to develop SCEPS for the MK 54 MOD 2 torpedo. The CRAW will function offensively against submarines and defensively against incoming torpedoes.
Aerojet Rocketdyne (NYSE: AJRD) announced its upcoming third quarter 2022 earnings report, scheduled for November 1, 2022. The report will be accompanied by a conference call at 8:30 a.m. EDT, led by CEO Eileen P. Drake and CFO Dan Boehle, to discuss the financial results and address investor questions. Interested parties can access the webcast through the company’s investor relations page. This meeting represents an important opportunity for investors to gain insights into the company's performance and future outlook.
Aerojet Rocketdyne has successfully tested its next-generation eSR-19 large solid rocket motor, validating advanced motor technology at its facilities in Huntsville, Alabama, and Camden, Arkansas. This design verification test, which enhances cost and performance through innovative materials and efficient manufacturing, supports various defense and space applications. Weighing nearly 15,000 pounds, the eSR-19 is a significant upgrade to legacy SR-19 motors, enhancing capabilities for multiple systems under development. The test builds on previous successes, solidifying Aerojet Rocketdyne's position in the aerospace and defense sectors.
Aerojet Rocketdyne Holdings announces the promotion of Joseph E. Chontos to General Counsel and Corporate Secretary effective September 8, 2022. Chontos, who has been acting General Counsel since April, brings over 25 years of legal experience, including previous roles at Northrop Grumman and Electric Boat Corporation. CEO Eileen P. Drake praised his legal expertise and leadership skills as vital for the company's growth. Aerojet Rocketdyne specializes in aerospace and defense technologies and also engages in real estate activities related to its excess assets.
Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) will participate in the Gabelli Funds 28th Annual Aerospace & Defense Symposium on September 8, 2022. CEO Eileen P. Drake is scheduled to present at 10:30 a.m. EDT / 7:30 a.m. PDT. Interested parties can register for the live presentation via Webinar Registration. A recording and slide deck will be accessible post-event.
Aerojet Rocketdyne has inaugurated its first Center of Excellence for Undersea Propulsion in Orlando, Florida, to aid the U.S. Navy's next-gen torpedoes. This facility, funded independently by Aerojet Rocketdyne, will manufacture the Stored Chemical Energy Propulsion System (SCEPS) and the torpedo afterbody. CEO Eileen P. Drake highlighted the strategic importance of this capability for U.S. undersea warfare support, enhancing Aerojet Rocketdyne's longstanding contribution to the Navy. The facility will support contracts, including the MK 54 MOD 2 Advanced Lightweight Torpedo prototype.
Aerojet Rocketdyne announced a successful demonstration of its Integrated System Test Bed (ISTB) designed for advanced liquid rocket engine testing, conducted independently at Edwards Air Force Base, California. The ISTB can test components for strategic systems and missile defense, showing promising innovation in propulsion technologies. Key advancements included improved precision machining and engine calibration techniques. This multi-million dollar project aims to lower technical risks and facilitate rapid testing for future liquid propulsion systems, reinforcing Aerojet Rocketdyne's role in defense innovation.
Aerojet Rocketdyne successfully delivered its 800th Solid Rocket Boost Motor and 800th Divert and Attitude Control System (DACS) for the Terminal High Altitude Area Defense (THAAD) system, crucial for U.S. missile defense. CEO Eileen P. Drake highlighted this milestone as a demonstration of the company's commitment to meeting defense needs. The THAAD system maintains a perfect success rate in 16 intercept tests. Production of these components occurs in Alabama, Arkansas, and California, reinforcing Aerojet Rocketdyne's role in national defense.
Aerojet Rocketdyne has unveiled a new $13.5 million facility in Camden, Arkansas, aimed at enhancing solid rocket motor manufacturing. The 51,000 square foot facility will boost production capacity, operational efficiency, and safety. Specifically designed for the PAC-3 Missile Segment Enhancement program, it will also accommodate larger-scale motors for next-gen missiles. This expansion underscores the company's commitment to supporting military readiness and innovation in affordable propulsion systems.
Aerojet Rocketdyne's Aerojet Ordnance Tennessee (AOT) has secured a five-year contract with Day & Zimmermann to supply over 200,000 M67 hand grenade body assemblies for the U.S. Army. This announcement follows AOT's milestone of delivering its eight millionth grenade body assembly in 2021, reinforcing its position as the sole supplier of these components for over 20 years. The contract signals continued collaboration between AOT and D&Z in delivering high-quality munitions.
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