Canoga Park, Los Angeles

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

Retrieved on: 
Monday, December 21, 2020
Aerojet Rocketdyne Holdings, California, States of the United States, Canoga Park, Los Angeles, Rocketdyne, North American Aviation, Aerojet, LMT, Fiduciary, New York Stock Exchange

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 Aerojets agreement to be acquired by Lockheed Martin Corporation (Lockheed) (NYSE: LMT ).

Key Points: 
  • 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 Aerojets agreement to be acquired by Lockheed Martin Corporation (Lockheed) (NYSE: LMT ).
  • Under the terms of the agreement, Aerojets shareholders will receive $56.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-aerojet-rocketdyne-holdings-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

AEROJET ROCKETDYNE ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of AJRD and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, December 21, 2020
California, Canoga Park, Los Angeles, States of the United States, Aerojet, Water pollution in the United States, Rocketdyne

On December 20, 2020, Aerojet Rocketdyne announced that it had signed an agreement to be acquired by Lockheed Martin for approximately $5 billion.

Key Points: 
  • On December 20, 2020, Aerojet Rocketdyne announced that it had signed an agreement to be acquired by Lockheed Martin for approximately $5 billion.
  • Pursuant to the merger agreement, Aerojet Rocketdyne stockholders will receive $56 in cash for each share of Aerojet Rocketdyne common stock owned.
  • Bragar Eagel & Squire is concerned that Aerojet Rocketdynes board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Aerojet Rocketdynes stockholders.

Lockheed Martin to Acquire Aerojet Rocketdyne, Strengthening Position as Leading Provider of Technologies to Deter Threats and Help Secure the United States and its Allies

Retrieved on: 
Sunday, December 20, 2020
California, Aerojet Rocketdyne Holdings, Economy of the United States, Water pollution in the United States, Canoga Park, Los Angeles, Lockheed Martin, Lockheed Corporation, Rocketdyne, Aerojet

"This transaction enhances Lockheed Martin's support of critical U.S. and allied security missions and retains national leadership in space and hypersonic technology.

Key Points: 
  • "This transaction enhances Lockheed Martin's support of critical U.S. and allied security missions and retains national leadership in space and hypersonic technology.
  • We look forward to welcoming their talented team and expanding Lockheed Martin's position as the leading provider of 21st century warfare solutions."
  • The proposed acquisition adds substantial expertise in propulsion to Lockheed Martin's portfolio, and expands on the solid foundation built by Lockheed Martin and Aerojet Rocketdyne over many years.
  • The webcast and relevant financial charts will be available for download on the Lockheed Martin Investor Relations website at www.lockheedmartin.com/investor .

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

Retrieved on: 
Sunday, December 20, 2020
California, Aerojet Rocketdyne Holdings, Economy of the United States, Canoga Park, Los Angeles, Dividends, Aerojet, Water pollution in the United States, Rocketdyne, Special dividend, Lockheed Martin

As part of the transaction, Aerojet Rocketdyne declared a $5.00 per share pre-closing special dividend to holders of its common shares and convertible senior notes, on an as-converted basis.

Key Points: 
  • As part of the transaction, Aerojet Rocketdyne declared a $5.00 per share pre-closing special dividend to holders of its common shares and convertible senior notes, on an as-converted basis.
  • The payment of this special dividend, unless revoked, will adjust the consideration to be paid by Lockheed Martin to $51.00 per share at closing.
  • Joining Lockheed Martin is a testament to the world-class organization and team weve built and represents a natural next phase of our evolution.
  • In connection with the proposed transaction with Lockheed Martin Corporation (Lockheed Martin), Aerojet Rocketdyne Holdings, Inc. (the Company) will file a proxy statement and other relevant documents with the Securities and Exchange Commission (the Commission or the SEC).

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

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Wednesday, December 16, 2020
California, Aerojet Rocketdyne Holdings, Canoga Park, Los Angeles, States of the United States, Rocketdyne, United Technologies, Aerojet, Water pollution in the United States

The Defense Advanced Research Projects Agency (DARPA) awarded Aerojet Rocketdyne a contract to develop enabling technologies for Glide Breaker , an interceptor designed to counter hypersonic threats.

Key Points: 
  • The Defense Advanced Research Projects Agency (DARPA) awarded Aerojet Rocketdyne a contract to develop enabling technologies for Glide Breaker , an interceptor designed to counter hypersonic threats.
  • Lockheed Martin and Boeing announced they teamed with Aerojet Rocketdyne in their bids to build the Missile Defense Agencys Next Generation Interceptor.
  • For more details on how Aerojet Rocketdyne is enabling our nations defense and space exploration programs, please visit www.Rocket.com .
  • About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.

Another Aerojet Rocketdyne Hypersonic Engine Makes History

Retrieved on: 
Tuesday, December 15, 2020
California, Aerojet Rocketdyne Holdings, Canoga Park, Los Angeles, States of the United States, United Technologies, Aircraft engines, Aerojet Rocketdyne, Aerojet, Boeing X-51 Waverider, Rocketdyne, Scramjet, Hypersonic flight

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 Forces Medium Scale Critical Components (MSCC) program.

Key Points: 
  • 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 Forces Medium Scale Critical Components (MSCC) program.
  • Our scramjet engine powered the United States Air Force X-51A Waverider when it made history in 2010 by completing the longest air-breathing hypersonic flight ever and we continue to propel the technology, said Eileen P. Drake, Aerojet Rocketdyne CEO and president.
  • The 18-foot Aerojet Rocketdyne scramjet engine produced record levels of thrust, in excess of 13,000 lbs.
  • About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.

Aerojet Rocketdyne Powers ULA Launch of National Reconnaissance Office Payload

Retrieved on: 
Friday, December 11, 2020
Aerojet Rocketdyne Holdings, California, Canoga Park, Los Angeles, States of the United States, Rocketdyne, United Technologies, North American Aviation, Aerojet, Delta IV, Spark, Pratt & Whitney Rocketdyne

The rocket launched a classified national security payload for the U.S. National Reconnaissance Office (NRO).

Key Points: 
  • The rocket launched a classified national security payload for the U.S. National Reconnaissance Office (NRO).
  • Aerojet Rocketdyne supplies the boost engines, upper-stage engines and the composite overwrapped pressure vessels for the Delta IV Heavy rocket.
  • Aerojet Rocketdyne consistently supports our nations most critical national security requirements in the domains of space and defense.
  • About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.

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

Retrieved on: 
Saturday, November 14, 2020
Aerojet Rocketdyne Holdings, California, Economy of the United States, Canoga Park, Los Angeles, North American Aviation, In spaceflight, Atlas, Aerojet, Rocketdyne, Centaur, United Launch Alliance, RL10

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.

Key Points: 
  • 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.
  • The Atlas Vs Centaur cryogenic upper stage is powered by Aerojet Rocketdynes RL10 engine, which is built in West Palm Beach, Florida, and completed its 500thflight earlier this year.
  • For pitch, yaw and roll control, the Centaur relies on 12 Aerojet Rocketdyne MR-106 reaction control thrusters built in Redmond, Washington.
  • About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.

Aerojet Rocketdyne Propulsion Powers OSIRIS-REx Asteroid Sample Collection

Retrieved on: 
Monday, October 19, 2020
California, Aerojet Rocketdyne Holdings, States of the United States, Canoga Park, Los Angeles, United Technologies, Aerojet, Water pollution in the United States, Rocketdyne, OSIRIS-REx

REDMOND, Wash., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Powered by Aerojet Rocketdyne propulsion, the OSIRIS-REx spacecraft will execute its long awaited sample collection of asteroid Bennu on Oct. 20.

Key Points: 
  • REDMOND, Wash., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Powered by Aerojet Rocketdyne propulsion, the OSIRIS-REx spacecraft will execute its long awaited sample collection of asteroid Bennu on Oct. 20.
  • Aerojet Rocketdyne is the sole propulsion provider for the OSIRIS-REx spacecraft, providing all 28 of the rocket engines aboard.
  • After the sample is secure, Aerojet Rocketdyne engines will safely propel the spacecraft away from the asteroids surface.
  • About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.

Aerojet Rocketdyne’s Arkansas Facility Delivers 5,000th Stinger Missile Solid Rocket Flight Motor

Retrieved on: 
Thursday, October 15, 2020
Aerojet Rocketdyne Holdings, California, States of the United States, Canoga Park, Los Angeles, Aerojet, Water pollution in the United States, North American Aviation, Rocketdyne, FIM-92 Stinger, Spark

CAMDEN, Ark., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has delivered the 5,000thsolid rocket flight motor for the Stinger missile system from its Solid Rocket Motor Center of Excellence in Camden, Arkansas, following a transition of the program from Gainesville, Virginia in 2005.

Key Points: 
  • CAMDEN, Ark., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has delivered the 5,000thsolid rocket flight motor for the Stinger missile system from its Solid Rocket Motor Center of Excellence in Camden, Arkansas, following a transition of the program from Gainesville, Virginia in 2005.
  • Aerojet Rocketdynes reliable propulsion has powered the Stinger missile system for more than three decades; were proud of our role helping to protect warfighters with critical air defense, said Eileen P. Drake, Aerojet Rocketdyne CEO and president.
  • Aerojet Rocketdyne provides both solid rocket motors that power the Stinger missile: the small launch motor that sends the missile a safe distance from the operator, and the main flight motor that propels the missile to intercept its target.
  • Over 30 years, Aerojet Rocketdyne has delivered more than 60,000 motor sets to support the Stinger missile system.