Aerojet Rocketdyne Holdings

Aerojet Rocketdyne Holdings, Inc. engages in providing solutions in the field of aerospace and defense, as well as in the field of real estate. It operates through the following business segments: Aerospace & Defense, and Real Estate. The Aerospace & Defense segment operates through the Aerojet Rocketdyne, Inc. in developing and manufacturing of aerospace and defense products and systems for the United States government, the National Aeronautics and Space Administration, major aerospace and defense prime contractors as well as portions of the commercial sector. The Real Estate segment operates through Easton Development Company, LLC in re-zoning, entitlement, sale, and leasing of excess real estate assets. The company was founded by William O'Neil on September 29, 1915 and is headquartered in El Segundo, CA.

Earnings data Q1 2024

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Aerojet Rocketdyne Holdings, Inc. engages in provision of solutions in the field of aerospace and defense, as well as in the field of real estate. It operates through the following business segments: Aerospace and Defense, and Real Estate. The Aerospace and Defense segment operates through Aerojet Rocketdyne, Inc. in developing and manufacturing aerospace and defense products and systems for the United States government, the National Aeronautics and Space Administration, major aerospace and defense prime contractors as well as portions of the commercial sector. The Real Estate segment includes Easton Development Company, LLC in re-zoning, entitlement, sale, and leasing of excess real estate assets. The company was founded on September 29, 1915 and is headquartered in El Segundo, CA.

Lockheed Martin

Raytheon Technologies

In December, aerospace and defense giant Lockheed Martin Corp. (NYSE:LMT) announced plans to acquire rocket engine manufacturer Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) . As I discussed at the time , the $4.4 billion transaction seemed like a good deal for both companies, allowing Lockheed to consolidate a key part of its supply chain while giving a lifeline to a company that has increasingly struggled to compete with its bigger industry peers.

Lockheed Martin: Aerojet Rocketdyne Acquisition Threatened by Raytheon Complaint

EL SEGUNDO, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the fourth quarter and year ended December 31, 2020.

Aerojet Rocketdyne Holdings, Inc. Reports 2020 Fourth Quarter and Annual Results

Lockheed rivals fear the deal will leave them at a competitive disadvantage.

Raytheon Will Challenge Lockheed/Aerojet Deal

LOS ANGELES, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently received a contract award to deliver up to two Multi-Mission Radioisotope Thermoelectric Generators (MMRTG) to the U.S. Department of Energy (DOE) for use in future planetary science missions. MMRTGs are radioisotope power systems that have been used as reliable electrical power sources on multiple deep space missions, including NASA's Perseverance Rover, which will land on Mars on Feb. 18.

Aerojet Rocketdyne Receives Contract for up to Two More MMRTGs for Future Deep Space Exploration Missions

Aerojet Rocketdyne (AJRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aerojet Rocketdyne Holdings (AJRD) Earnings Expected to Grow: Should You Buy?

NEW YORK, Feb. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, Inc. ("Aerojet" or the "Company") (NYSE: AJRD) in connection with the proposed acquisition of the...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Aerojet Rocketdyne Holdings, Inc.

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Mario Gabelli (Trades, Portfolio), founder of GAMCO Investors, has revealed his portfolio for the fourth quarter. Major trades include reductions in his Rollins Inc. (NYSE:ROL), Navistar International Corp. (NYSE:NAV) and Quidel Corp. (NASDAQ:QDEL) holdings alongside selling out of GCI Liberty Inc. (NASDAQ:GLIBA).

Mario Gabelli's Top Trades of the 4th Quarter

STENNIS SPACE CENTER, Miss., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and NASA are gearing up for a new phase of RS-25 hot-fire testing that will validate new components for the engine, which powers the core stage of the agency's Space Launch System super heavy-lift exploration rocket.

Upcoming RS-25 Engine Test Series Will Demonstrate Lower Cost Rocket Engine Components for NASA's Artemis Program

Lockheed Martin to buy Aerojet Rocketdyne for $56 cash consideration. 6% gross spread and annualized return of 8% if the deal closes in September.

Aerojet Rocketdyne: A Strategic Merger With A Good Spread

Aerojet Rocketdyne finished building the first of its AR1 engine series, but lacks both a customer and plans to test fire until at least late 2022.

Aerojet Rocketdyne completes first AR1 rocket engine, but won't test fire until at least 'late 2022'

STENNIS SPACE CENTER, Miss., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Four Aerojet Rocketdyne RS-25 engines are being targeted to hot fire in unison for the first time on Jan. 17 as part of NASA's Space Launch System (SLS) Green Run test series. These engines will power the SLS rocket as the U.S. prepares to return humans to the Moon to stay and then on to Mars.

NASA Sets Date for First Hot Fire Test of Space Launch System Core Stage

Buying Aerojet Rocketdyne seems a gamble on the future of ULA's Space Launch System.

$5 Billion for Rocketdyne? Why Would Lockheed Martin Pay That?

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NEW YORK, Dec. 24, 2020 /PRNewswire/ -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of AJRD to Lockheed Martin Corporation for $56.00 per share. If you are an AJRD...

Lifshitz Law Firm, P.C. Announces Investigation of AJRD, CATM, EXPC, GNBF, LNKB, NEOS, AYTU, QEP, FANG, RP, RNET, and VSAT

NEW YORK, Dec. 23, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Aerojet Rocketdyne Holdings, Inc. ("Aerojet" or the "Company")...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Aerojet Rocketdyne Holdings, Inc. - AJRD

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to Lockheed Martin Corporation (NYSE: LMT). Under the terms of the proposed transaction, shareholders of Aerojet will receive only $56.00 in cash for each share of Aerojet that they own. KSF is seeking to determine whether this consideration and the process that l

AEROJET INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aerojet Rocketdyne Holdings, Inc. - AJRD

NEW YORK, Dec. 22, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) concerning potential violations of the federal securities laws and/or breaches of fiduciary...

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates the Following Companies - AJRD, RP, RNET, QEP, HMSY

Lockheed Martin intends to buy Aerojet Rocketdyne, a deal adds assets it seeks to compete against the likes of SpaceX.

Lockheed Martin buys Aerojet Rocketdyne to better compete with Musk's SpaceX, Bezos' Blue Origin

Lockheed Martin is buying Aerojet Rocketdyne in an $4.4 billion deal that will boost its hypersonic and space offerings. The post Lockheed Gets Hypersonic Weapons, Space Boost With Aerojet Rocketdyne Takeover appeared first on Investor's Business Daily.

Lockheed Gets Hypersonic Weapons, Space Boost With Aerojet Rocketdyne Takeover

WILMINGTON, Del., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating Aerojet Rocketdyne Holdings, Inc. (“Aerojet”) (NYSE: AJRD) regarding possible breaches of fiduciary duties and other violations of law related to Aerojet's agreement to be acquired by Lockheed Martin Corporation (“Lockheed”) (NYSE: LMT). Under the terms of the agreement, Aerojet's shareholders will receive $56.00 in cash per share.

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Aerojet Rocketdyne Holdings, Inc. Buyout

Shares of Aerojet Rocketdyne Holdings gained as much as 26% on Monday after defense giant Lockheed Martin announced it's acquiring the company in a $4.4 billion deal. Lockheed will purchase Aerojet for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend, according to a company statement.

Aerojet Rocketdyne soars 26% after Lockheed Martin announces $4.4 billion acquisition of the rocket engine manufacturer (AJRD)

The aerospace company will be acquired by Lockheed Martin for a nice premium.

Why Shares of Aerojet Rocketdyne Are Blasting Off Today

Lockheed Martin (LMT) plans on extending its footprint in the rocket engine market by acquiring Aerojet Rocketdyne, a leading rocket engine manufacturer in the United States.

Lockheed Martin (LMT) to Acquire Aerojet Rocketdyne for $5B

The proposed combination will bolster competition by giving Aerojet access to financial resources similar to that of its main rival.

Lockheed Martin's Purchase Of Aerojet Is A Modest Transaction With Major Benefits

The deal should help Lockheed compete against Northrop Grumman for contracts.

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