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Aerojet Rocketdyne Holdings

Aerojet Rocketdyne Holdings

American technology-based manufacturer

Aerojet Rocketdyne Holdings, Inc. is a holding company of Aerojet Rocketdyne, an American manufacturer of rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications. The El Segundo, California company traces its origins to the General Tire and Rubber Company established in 1915, later becoming GenCorp in 1984, and adopting its current name in April 2015.

In addition to Aerojet Rocketdyne, the holding company also owns the real estate firm Easton Development Company, LLC through which it owns over 12,000 acres of land near Sacramento, California originally utilized for Aerojet's operations in testing and manufacturing dating back to the 1950s, however due to the evolution of the firm and propulsion technology, about half of this land is now being redeveloped for residential use by the company.

On December 20, 2020, Lockheed Martin announced plans to acquire Aerojet Rocketdyne for $4.4 billion; however in January 2022, the FTC sued to block this deal on a 4-0 vote on grounds that this would eliminate the largest independent maker of rocket motors.

Timeline

Patents

Further Resources

Title
Author
Link
Type
Date

Aerojet Rocketdyne Defense Overview

Web

October 9, 2020

News10 Sacramento SM-3 Missile Defense AirCheck

Web

December 31, 2014

News

Title
Author
Date
Publisher
Description
WeissLaw LLP
February 9, 2021
www.prnewswire.com:443
/PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne...
Lockheed Martin
January 26, 2021
www.prnewswire.com:443
/PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2020 net sales of $17.0 billion, compared to $15.9 billion in the fourth...
Monteverde & Associates PC
December 24, 2020
www.prnewswire.com:443
/PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State...
Ademi LLP
December 21, 2020
www.prnewswire.com:443
/PRNewswire/ -- Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for possible breaches of fiduciary duty and other violations of the...
Lockheed Martin
December 20, 2020
www.prnewswire.com:443
/PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc....
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