Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Motor for Kratos' Zeus Program
- HUNTSVILLE, Ala., July 10, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully developed and static-fire tested the Zeus 1, an advanced stage 1 Large Solid Rocket Motor (LSRM) for Kratos. The motor met or exceeded performance expectations.
- 07/10/2023
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Aerojet Rocketdyne (AJRD) to Help Lockheed in LRMF Creation
- Aerojet Rocketdyne's (AJRD) advanced propulsion solution to assist Lockheed in developing Long Range Maneuverable Fires missiles.
- 06/22/2023
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2 High-Growth Companies to Watch
- Just because a stock is down 50% doesn't mean that the business is broken. (Or does it?
- 05/12/2023
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Aerojet Rocketdyne (AJRD) Q1 Earnings Lag, Sales Rise Y/Y
- Aerojet Rocketdyne (AJRD) Q1 sales of $566.3 million rise 10.8% from the year-ago quarter's $511.1 million. The top line misses the Zacks Consensus Estimate by 4.8%.
- 05/10/2023
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Aerojet Rocketdyne Holdings (AJRD) Q1 Earnings Miss Estimates
- Aerojet Rocketdyne Holdings (AJRD) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.44 per share a year ago.
- 05/04/2023
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Aerojet Rocketdyne wins $67M contract for Orion thrusters built in Seattle area
- Aerojet Rocketdyne says it's received a $67 million contract award from Lockheed Martin to provide propulsion systems for the Orion spacecraft that'll carry astronauts to the moon during three missions planned for the 2030s.
- 04/19/2023
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AJRD Inks $215.6M Contract to Boost Manufacturing Capacity
- AJRD signs a $215.6 million cooperative agreement with the Department of Defense to augment rocket propulsion manufacturing capacity.
- 04/17/2023
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How Much Are Space Stocks Worth?
- Space investors got bad news when Virgin Orbit announced furloughs and an "operational pause" last week. This week, we learned the company is looking to sell itself before it goes insolvent.
- 03/26/2023
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Aerojet Rocketdyne: Expect The L3Harris Deal To Close
- I expect the deal to close, as it aligns with the US DoD objectives. The delay caused by the FTC's request for additional information should not have significant impacts.
- 03/22/2023
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L3Harris Statement on Aerojet Rocketdyne Shareholder Vote
- MELBOURNE, Fla.--(BUSINESS WIRE)--Today Aerojet Rocketdyne (NYSE: AJRD) shareholders overwhelmingly approved all necessary proposals to complete L3Harris Technologies' (NYSE: LHX) acquisition of the company.
- 03/16/2023
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Aerojet Rocketdyne Stock: Time To Sell?
- Aerojet Rocketdyne stock has around 3% upside left. I believe opposition to the merger with L3Harris Technologies is not justified or supported by the reality of the business strengths of the companies.
- 02/24/2023
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Aerojet Rocketdyne Holdings (AJRD) Q4 Earnings Lag Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -48.33% and 5.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/15/2023
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AEROJET ROCKETDYNE 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 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 L3Harris Technologies (NYSE: LHX). Under the terms of the proposed transaction, shareholders of Aerojet will receive only $58.00 in cash for each share of Aerojet that they own.
- 02/15/2023
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Nicholas Ward's Dividend Growth Portfolio: December/Full Year 2022 Review
- My passive income was up by 46.50% on a year-over-year basis during December. For the full-year in 2022, my passive income rose by 23.73%.
- 01/18/2023
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Five Reasons An L3Harris Merger With Aerojet Will Not Face The Obstacles Lockheed Martin's Bid Did
- Aerojet Rocketdyne needs a partner to remain competitive in the rocket-engine business. L3Harris is one player that can pass muster with federal regulators.
- 01/13/2023
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Investing in Space: A year to forget for space stocks
- For most anyone with money in the market, 2022 was a year to forget – and space stocks were no exception.
- 12/29/2022
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Why the Artemis I Mission Could Be a Colossal Opportunity for Growth Investors
- NASA's Artemis I success sets the stage for tens of billions of dollars' worth of space contracts to be awarded over the next two decades.
- 12/26/2022
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10 Best Performing Aerospace and Defense Stocks in 2022
- Rising geopolitical tensions have made defense stocks a safe bet during such uncertain times.
- 12/22/2022
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Aerojet Rocketdyne's Buyout Price Leaves Little Room for Merger Arbitrage
- Strategic discipline and tightly-focused engineering expertise have helped keep Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial) aloft over the turbulent course of 2022. The rocket maker has built a solid niche for itself, one it has sustained despite the presence of the far larger companies that dominate the aerospace and defense industry.
- 12/21/2022
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2 Stocks That Got Deals Done Monday
- The stock market lost more ground.
- 12/19/2022
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Defense contractor L3Harris plans to buy Aerojet Rocketdyne for $4.7B
- Aerojet was put back up for sale after federal regulators in January sued to block its planned $4.4 billion purchase by Lockheed Martin Corp. on antitrust grounds.
- 12/19/2022
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Deal Confirmed: L3Harris Buys Aerojet Rocketdyne
- With the acquisition of Aerojet Rocketdyne, L3Harris is acquiring an essential national security gem with growth prospects. Acquisition price values the essential status of Aerojet Rocketdyne.
- 12/19/2022
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L3Harris Technologies CEO on how the acquisition of Aerojet Rocketdyne will benefit everyone
- Chris Kubasik, L3Harris technologies chair and CEO, joins 'Squawk on the Street' to discuss L3Harris's bid to merge with Aerojet Rocketdyne in a $4.7 billion deal, the defense competition justification for the deal's Federal Government review, and L3Harris's thoughts on regulatory and inflationary headwinds.
- 12/19/2022
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L3Harris agrees to buy Aerojet Rocketdyne in $4.7 billion deal
- Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss L3Harris's $4.7 billion acquisition of Aerojet Rocketdyne.
- 12/19/2022
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AJRD Stock Alert: What to Know as L3Harris Technologies Acquires Aerojet Rocketdyne
- Aerojet Rocketdyne (NYSE: AJRD ) stock is on the move today as investors react to a $4.7 billion deal with L3Harris Technologies (NYSE: LHX ). That deal has L3Harris Technologies agreeing to acquire Aerojet Rocketdyne for $58 per share in cash.
- 12/19/2022
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L3Harris To Buy Top Rocket-Engine Producer For $4.7 Billion
- Defense contractor L3Harris plans to buy missile propulsion system maker Aerojet Rocketdyne for $4.7 billion in an all-cash transaction. The post L3Harris To Buy Top Rocket-Engine Producer For $4.7 Billion appeared first on Investor's Business Daily.
- 12/19/2022
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L3Harris Acquires Aerojet Rocketdyne in $4.7 Billion Deal
- The shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) are up 1.8% at $55.85 this morning, after the company agreed to be bought by L3Harris Technologies (LHX) in a cash deal worth $4.7 billion, or $58 per share.
- 12/19/2022
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L3Harris to Buy Aerojet Rocketdyne for $4.7 Billion
- Aerojet was targeted by Lockheed Martin earlier this year but the aerospace and defense giant terminated its proposed $4.4 billion takeover after the Federal Trade Commission sued to block the acquisition.
- 12/19/2022
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Defense firm L3Harris to buy Aerojet for $4.7 billion with eye on missile demand
- U.S. defense contractor L3Harris Technologies Inc said on Sunday it would buy Aerojet Rocketdyne Holdings Inc for $4.7 billion in an all-cash transaction, as it looks to tap into rising demand for missiles amid the Ukraine conflict.
- 12/18/2022
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L3Harris Plans to Buy Aerojet Rocketdyne for $4.7 Billion
- The deal would cement L3Harris's role as one of six prime defense contractors for the Pentagon.
- 12/18/2022
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Aerojet Rocketdyne: Stock Buy Thesis Plays Out, $4.7 Billion Acquisition
- Aerojet Rocketdyne likely to be acquired at a >40% premium compared to our first buy recommendation. Aerojet Rocketdyne is a strategic supplier that could provide diversification for the right suitor like L3Harris.
- 12/18/2022
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Exclusive: L3Harris nears $4.7 billion deal to acquire Aerojet Rocketdyne
- L3Harris Technologies Inc is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc , 10 months after the latter's $4.4 billion sale to Lockheed Martin Corp fell through, people familiar with the matter said on Saturday.
- 12/17/2022
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Aerojet Rocketdyne Is In Trouble if Acquirers Don't Materialize
- The aerospace and defense industry is characterized by frequent and often large mergers and acquisitions. One name that has recently made headlines in this regard is Aerojet Rocketdyne (ARJD), an aerospace and defense company known for rocket engines such as the RS-25, the RL10 used in the Centaur rocket stage of Atlas V and the RS-68, which is the largest hydrogen rocket engine ever flown.
- 12/06/2022
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Aerojet Rocketdyne: A Defense And Space Buy
- Aerojet Rocketdyne stock has gained 30% since the last time I covered it, outperforming the broader market. The company is of major importance for national security and space programs.
- 12/02/2022
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Aerojet Rocketdyne and ULA: A Match Made in Heaven?
- Should Aerojet Rocketdyne sell itself -- or buy someone else instead?
- 12/01/2022
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Is Aerojet Rocketdyne Still on the Market?
- Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial) holds the rare distinction of being among the small number of mid-sized players in the aerospace and defense sector that has managed to thrive despite the constant pressure of much larger competitors. Key to Aerojet's success, as I have discussed previously, has been its firm commitment to a relatively niche focus area: rockets and jet propulsion systems.
- 11/29/2022
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Aerojet Rocketdyne (AJRD) Announces Expansion in Huntsville
- Aerojet Rocketdyne (AJRD) intends to open a new facility in Huntsville, thus expanding in the region with its state-of-the-art facility.
- 11/22/2022
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2 Defensive Stocks Michael Burry Has Loaded Up On
- Michael Burry is a renowned investor who is most famous for predicting and profiting from the housing crash of 2008.
- 11/17/2022
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Aerojet Rocketdyne ($AJRD) Plays Key Role in NASA Super-Heavy Lift Space Launch System Debut
- Aerojet Rocketdyne (NYSE: AJRD) says that it has played a central role in enabling humanity's next giant leap with the successful launch of NASA's super-heavy lift Space Launch System exploration rocket. The company says that it provided critical elements to the Artemis I mission with propulsion on both the SLS rocket and uncrewed Orion spacecraft.
- 11/16/2022
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Is Danger Lurking for Aerojet Stock?
- Is it time for Aerojet Rocketdybe investors to abandon spaceship?
- 11/15/2022
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Are You Looking for a Top Momentum Pick? Why Aerojet Rocketdyne Holdings (AJRD) is a Great Choice
- Does Aerojet Rocketdyne Holdings (AJRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/04/2022
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Aerojet Rocketdyne (AJRD) Q3 Earnings Top Estimates, Fall Y/Y
- Aerojet Rocketdyne's (AJRD) Q3 sales of $549.8 million inch up 0.8% from the year-ago quarter. The top line misses the Zacks Consensus Estimate by 1.6%.
- 11/03/2022
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Aerojet Rocketdyne Holdings, Inc. (AJRD) Q3 2022 - Earnings Call Transcript
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD ) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET Company Participants Kelly Anderson - Vice President of Investor Relations Eileen Drake - Chief Executive Officer and President Dan Boehle - Chief Financial Officer Conference Call Participants Scott Forbes - Jefferies Seth Seifman - JPMorgan Michael Ciarmoli - Truist Securities Operator Greetings and welcome to the Aerojet Rocketdyne Third Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
- 11/01/2022
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Aerojet Rocketdyne Holdings (AJRD) Q3 Earnings Beat Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 2.27% and 1.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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Aerojet Rocketdyne: A Takeover Opportunity
- Over the past 10 years, Aerojet Rocketdyne stock has risen an average of 19.6% per year, while the S&P500 rose an average of 12.7% per year over the same period. The Lockheed Martin deal was accompanied by a 20% equity premium, making $56 per share appear to be a suitable acquisition price for future takeover candidates.
- 10/27/2022
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Aerojet Rocketdyne Holdings, Inc. Announces Release Date for Third Quarter 2022 Earnings Results and Webcast
- EL SEGUNDO, Calif., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today announced that it will report its third quarter 2022 earnings results on Tuesday, November 1, 2022. The Company will also host a conference call and webcast that morning at 8:30 a.m. EDT / 5:30 a.m. PDT. Eileen P. Drake, Chief Executive Officer and President, and Dan Boehle, Chief Financial Officer, will host the call to discuss third quarter 2022 financial results and answer questions.
- 10/18/2022
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5 Space Stocks Rocketing Humanity Toward The Final Frontier: Rocket Lab, Virgin Galactic, and 3 more
- While Elon Musk's SpaceX is attempting to make humans multi-planetary, a number of publicly traded space stocks are forging ahead with plans to deliver massive payloads to space, provide access to high speed internet across the globe, and even create a space tourism industry. Analysts at Citigroup are predicting that the space industry could reach $1 trillion in revenue by 2040.
- 09/25/2022
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New Strong Sell Stocks for September 19th
- AHCHY, AJRD, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 19, 2022.
- 09/19/2022
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New Strong Sell Stocks for September 15th
- BGS, CRI, and AJRD have been added to the Zacks Rank #5 (Strong Sell) List on September 15, 2022.
- 09/15/2022
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Mario Gabelli: Investing Strategy and Recent Stock Picks
- Mario Gabelli (Trades, Portfolio) is a legendary value investor who runs GAMCO investors, which has ~$9.36 billion in U.S.-listed common stock holdings as per its 13F filing for the second quarter of 2022.
- 09/13/2022
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Billionaire value investor looks to farming and aerospace for investments
- Finding value plays in a market plagued by inflation, rising commodity prices, and fears of a recession is difficult, to
- 09/12/2022
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New Strong Sell Stocks for August 19th
- CRAWA, AJRD, and CCCS have been added to the Zacks Rank #5 (Strong Sell) List on August 19, 2022.
- 08/19/2022
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Can Elliott Management Save Aerojet Rocketdyne (AJRD) Stock?
- Source: Shutterstock Aerojet Rocketdyne (NYSE: AJRD ) stock is receiving some additional attention today on news that Elliott Investment Management recently purchased substantial equity in the rocket maker. Elliott now owns a 3.7% stake in AJRD stock, adding to the fund's rolodex of acquisition interests.
- 08/18/2022
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New Strong Sell Stocks for August 16th
- ALCO, AJRD, and AM have been added to the Zacks Rank #5 (Strong Sell) List on August 16, 2022.
- 08/16/2022
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Aerojet Rocketdyne Stock Tumbles On Earnings Miss
- Aerojet Rocketdyne missed expectations on sales and earnings. Unfavorable adjustments driven by investments for the future drove the earnings miss.
- 08/09/2022
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Aerojet Rocketdyne ($AJRD) Consolidates Rocket Motor Manufacturing to Increase Efficiency & Capacity
- Aerojet Rocketdyne ($AJRD) has opened a new facility in Camden, Arkansas to integrate its solid rocket motor manufacturing activities, which the company says will improve operational efficiency, increase production capacity, and reduce costs. The new 51,000 square foot building consolidates the company's multiple manufacturing activities under one roof and adds advanced equipment, including modern tool-up bays, dedicated propellant casting and oven areas, with upgraded X-ray systems.
- 08/09/2022
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Aerojet Rocketdyne (AJRD) Q2 Earnings Miss Estimates, Fall Y/Y
- Aerojet Rocketdyne's (AJRD) quarterly sales of $528.5 million decline 5.1% from the year-ago quarter and also miss the Zacks Consensus Estimate by 7.3%
- 08/04/2022
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Aerojet Rocketdyne Holdings, Inc's (AJRD) CEO Eileen Drake on Q2 2022 Results - Earnings Call Transcript
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD ) Q2 2022 Earnings Conference Call August 1, 2022 8:30 AM ET Company Participants Kelly Anderson – Vice President of Investor Relations Eileen Drake – Chief Executive Officer and President Dan Boehle – Chief Financial Officer Conference Call Participants Greg Konrad – Jefferies Seth Seifman – JPMorgan Michael Ciarmoli – Truist Securities Operator Hello and welcome to the Aerojet Rocketdyne's Second Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
- 08/01/2022
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Aerojet Rocketdyne Holdings (AJRD) Lags Q2 Earnings and Revenue Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -57.45% and 7.35%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/01/2022
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4 Stocks That Could Put Nuclear Power on the Moon
- The opening bid for this project starts at $5 million, and could go to the moon from there.
- 07/30/2022
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Aerojet Rocketdyne Holdings, Inc. Announces Release Date for Second Quarter 2022 Earnings Results and Webcast
- EL SEGUNDO, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today announced that it will report its second quarter 2022 earnings results on Monday, August 1, 2022. The Company will also host a conference call and webcast that morning at 8:30 a.m. EDT / 5:30 a.m. PDT. Eileen P. Drake, Chief Executive Officer and President, and Dan Boehle, Chief Financial Officer, will host the call to discuss second quarter 2022 financial results and answer questions.
- 07/21/2022
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Against All Odds, SLS May Beat Starship to Orbit
- It's a two-horse race to reach orbit by August or September.
- 07/10/2022
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7 Undervalued Defense Stocks to Buy Now
- Despite the war in Ukraine drawing relevance to defense stocks to buy, some names in this segment are surprisingly undervalued. The post 7 Undervalued Defense Stocks to Buy Now appeared first on InvestorPlace.
- 05/16/2022
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Aerojet Rocketdyne Holdings (AJRD) Q1 Earnings Surpass Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 4.76% and 2.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
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How Aerojet Rocketdyne Scored a Whole Year's Sales in 1 Single Day
- And how Aerojet Rocketdyne could earn a year's worth of profits from a single contract.
- 05/02/2022
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There's A Lot Of Value In Aerojet Rocketdyne
- Aerojet Rocketdyne is a major supplier of propulsion systems in the United States. After the failed acquisition by Lockheed Martin and an ongoing board fight, I believe that the stock is not getting the valuation it deserves.
- 04/26/2022
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3 Defense Equipment Stocks to Watch Amid Poor Air Traffic View
- Poor air travel outlook in the near term may hurt the Aerospace-Defense Equipment stocks, while mergers should benefit. You may keep a tab on TDG, AJRD & KAMN from this industry
- 02/25/2022
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The Lockheed Martin Acquisition of Aerojet Could Still Happen
- How much turbulence should investors expect from the defense stock?
- 02/19/2022
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What's Next for Lockheed and Aerojet Rocketdyne Now That Their Deal Is Dead?
- Lockheed's planned space expansion done in by regulatory concerns.
- 02/16/2022
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Lockheed Ends Aerojet Rocketdyne Acquisition
- Lockheed Martin Corporation ( LMT , Financial) announced on Sunday that it has terminated its agreement to acquire Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial). The decision to terminate the agreement follows the U.S. Federal Trade Commission's (FTC) lawsuit filed late last month seeking a preliminary injunction to block the acquisition.
- 02/14/2022
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End of Lockheed-Aerojet deal puts pressure on leadership of both firms
- Lockheed Martin's exit from its purchase of engine maker Aerojet Rocketdyne has refocused investors on the compounding list of problems at the companies, as pressure grows on Lockheed management to improve lagging performance.
- 02/14/2022
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Jim Cramer breaks down shares of Lockheed Martin, JPMorgan and more
- Lockheed Martin ended its deal to acquire Aerojet following opposition from the FTC. 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss.
- 02/14/2022
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Lockheed Martin kills plans for acquiring Aerojet Rocketdyne after FTC blocks deal
- Lockheed Martin says it's terminating its agreement to acquire Aerojet Rocketdyne, less than a month after the Federal Trade Commission filed suit to block the $4.
- 02/14/2022
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Lockheed Ends $4.4B Deal to Acquire Aerojet After Regulators Challenged Transaction
- Following a lawsuit to stop Lockheed Martin Corp's acquisition of the last independent U.S. missile propulsion supplier, the defense contractor has terminated the $4.4 billion deal, the Maryland-based aircraft maker announced Sunday (Feb. 13).
- 02/14/2022
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Lockheed Martin terminates $4.4 billion deal to acquire Aerojet Rocketdyne.
- U.S. arms maker Lockheed Martin Corp said on Sunday it terminated its plan to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion.
- 02/13/2022
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The Wall Street Journal: Lockheed Martin scraps plan to acquire Aerojet Rocketdyne
- Lockheed Martin Corp. on Sunday said it had scrapped plans to buy Aerojet Rocketdyne Holdings Inc. after federal antitrust overseers last month sued to block the proposed $4.4 billion deal.
- 02/13/2022
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Lockheed Martin terminates $4.4 billion deal to acquire Aerojet Rocketdyne
- U.S. arms maker Lockheed Martin Corp said on Sunday it terminated its plan to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion.
- 02/13/2022
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Aerojet Rocketdyne: Buy The Break
- Stock fell in late January on FTC suit to block merger with Lockheed Martin. Arbitrage accounts have had over two weeks to sell their shares.
- 02/09/2022
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Aerojet Rocketdyne (AJRD) Stock: Why The Price Increased
- The stock price of Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) increased by 2.89% in the most recent trading session. This is why it happened.
- 02/09/2022
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Lockheed Martin's acquisition of Aerojet Rocketdyne faces limbo after FTC files suit
- The Federal Trade Commission has filed a lawsuit to block Lockheed Martin's $4.
- 01/26/2022
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Is Aerojet Rocketdyne Holdings (AJRD) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/26/2022
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US sues to block Lockheed Martin-Aerojet deal
- US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.
- 01/25/2022
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Aerojet Rocketdyne Stock Plummets As FTC Sues To Block Lockheed Martin Deal
- Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) stock fell following the disclosure that it is highly likely that the Federal Trade Commission (FTC) will vote to sue to block the Lockheed Martin Corp (NYSE: LMT) transaction. Meanwhile, the FTC stated it sued to block Lockheed Martin's $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne.
- 01/25/2022
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Why Aerojet Rocketdyne Shares Are Crashing Today
- The company's pending acquisition could get blocked by regulators.
- 01/25/2022
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Aerojet Rocketdyne expects FTC to try to block Lockheed Martin acquisition
- Aerojet Rocketdyne stock fell after announcing that it expects the Federal Trade Commission to attempt to block its acquisition by Lockheed Martin.
- 01/25/2022
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Aerojet Rocketdyne Stock (AJRD): Why The Price Substantially Went Down Today
- The stock price of Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) fell by over 15% pre-market today. This is why it happened.
- 01/25/2022
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Will Aerojet Rocketdyne (AJRD) Beat Estimates Again in Its Next Earnings Report?
- Aerojet Rocketdyne (AJRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/21/2022
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U.S. FTC delays vote on Lockheed purchase of Aerojet for two weeks -sources
- WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust law, has put off a vote on Lockheed Martin's purchase of Aerojet Rocketdyne for as much as two weeks, two people briefed on the matter said.
- 01/11/2022
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Stock Wars: Aerojet Rocketdyne Vs. Maxar
- Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two companies in the aerospace industry: Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) and Maxar Technologies Inc. (NYSE: MAXR).
- 11/10/2021
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Aerojet Rocketdyne Holdings (AJRD) Q3 Earnings Beat Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 23.40% and -0.54%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2021
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Aerojet Rocketdyne Completes Successful Space Launch System Rocket Engine Test Series
- STENNIS SPACE CENTER, Miss., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Today's RS-25 engine test at NASA's Stennis Space Center completed the Retrofit-2 test series, which validated modernized, lower-cost components for new RS-25 engines to be used on the Space Launch System (SLS) heavy-lift rocket.
- 09/30/2021
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Successful Test Demonstrates Aerojet Rocketdyne Arkansas Site Ready to Produce Large Solid Rocket Motors
- CAMDEN, Ark., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently conducted a solid rocket motor test firing that demonstrated the successful transition of large solid rocket motor mix, cast and test operations from Sacramento, California, to its Camden, Arkansas, site.
- 09/22/2021
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Aerojet Rocketdyne Awarded NASA Contract for Orion Spacecraft Main Engine
- LOS ANGELES, Sept. 21, 2021 (GLOBE NEWSWIRE) -- NASA has selected Aerojet Rocketdyne to build the Orion Main Engine (OME), the primary propulsion element for NASA's Orion spacecraft that will be used to explore deep space. Under the contract, which runs through 2032, Aerojet Rocketdyne will deliver up to 20 new OME engines for use on future Artemis missions beginning with Artemis VII, or to support other NASA-sponsored, deep space exploration missions.
- 09/21/2021
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Five Factors That Should Drive The FTC's Assessment Of A Lockheed-Aerojet Merger
- Trends in the domestic rocket-motor market limit the government's options for maintaining competition.
- 09/07/2021
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Down 12.2% in 4 Weeks, Here's Why Aerojet Rocketdyne (AJRD) Looks Ripe for a Turnaround
- The heavy selling pressure might have exhausted for Aerojet Rocketdyne (AJRD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 08/30/2021
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Aerojet Rocketdyne (AJRD) Down 8.3% Since Last Earnings Report: Can It Rebound?
- Aerojet Rocketdyne (AJRD) reported earnings 30 days ago. What's next for the stock?
- 08/25/2021
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Aerojet Rocketdyne (AJRD) Loses 7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Aerojet Rocketdyne (AJRD) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 08/13/2021
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Aerojet Rocketdyne (AJRD) Q2 Earnings Top Estimates, Rise Y/Y
- Aerojet Rocketdyne's (AJRD) Q2 sales of $556.9 million improve 8.7% year over year and also exceed the Zacks Consensus Estimate by 3.9%.
- 07/28/2021
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Aerojet Rocketdyne Holdings, Inc. to Participate in Jefferies 2021 Industrials Conference on August 3
- EL SEGUNDO, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) announced today that it will participate in the Jefferies 2021 Industrials Conference being held virtually on August 3, 2021.
- 07/27/2021
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Aerojet Rocketdyne Holdings (AJRD) Beats Q2 Earnings and Revenue Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 34.09% and 3.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/26/2021
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Aerojet Rocketdyne Holdings, Inc. Reports 2021 Second Quarter Results
- EL SEGUNDO, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended June 30, 2021.
- 07/26/2021
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These Companies Have Seen Large Returns From 2020 Government Investment
- Much focus on investment comes from the private sector, particularly those of the venture capitalist persuasion. But one of the biggest investors this country has is the federal government.
- 07/23/2021
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Analysts Estimate Aerojet Rocketdyne Holdings (AJRD) to Report a Decline in Earnings: What to Look Out for
- 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.
- 07/19/2021
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Virgin Galactic, Aerojet Rocketdyne: How Are Space Stocks Doing?
- Our Space Stocks Theme has underperformed this year, rising by just about 8% year-to-date, compared to a return of over 17% for the S&P 500. That said, things could look up for these stocks.
- 07/16/2021
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Why Biden's Competition Order Bolsters The Case For A Lockheed-Aerojet Merger
- Some mergers are bad for competition, but others are vital to preserve it.
- 07/12/2021
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Aerojet Rocketdyne's Innovative Solid Rocket Motor Technology Advances DARPA's OpFires Hypersonics Program
- HUNTSVILLE, Ala., June 21, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully tested a full-scale advanced solid rocket motor as part of an ongoing test series in support of Phase 2 of the Operational Fires (OpFires) program, a U.S. Defense Advanced Research Projects Agency (DARPA) effort to develop a ground-launched tactical hypersonic weapon.
- 06/21/2021
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Five Reasons Vertical Integration Is Not A Valid Basis For Blocking A Lockheed-Aerojet Merger
- Aerojet Rocketdyne must combine with a larger enterprise to remain viable. Remedies are readily available to manage any competitive concerns.
- 05/27/2021
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New Strong Sell Stocks for May 25th
- AJRD, BLU, GMBL, LITE, and PSXP have been added to the Zacks Rank #5 (Strong Sell) List on May 25, 2021
- 05/25/2021
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Aerojet Rocketdyne Delivers 1,000th Propulsion System for Multi-Mission PAC-3 MSE Missile
- CAMDEN, Ark., May 20, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has delivered the 1,000th propulsion system for the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missile, the enhanced version of the combat-proven PAC-3.
- 05/20/2021
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Astra Space/Holicity: Small Vehicles, Big Opportunities
- Astra Space/Holicity: Small Vehicles, Big Opportunities
- 05/20/2021
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3D Printed RL10C-X Engine Demonstrates Full Mission Capability During Altitude Hot Fire Test Series
- WEST PALM BEACH, Fla., May 11, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently completed a successful RL10C-X altitude hot fire test series that put the next generation engine through the rigors of a typical spaceflight mission. Using a test chamber that simulates the vacuum of outer space, the RL10C-X, which produces roughly 24,000 pounds of thrust, was tested in a flight-like configuration to demonstrate the engine's capability to complete a typical mission profile, including multiple restarts.
- 05/11/2021
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Aerojet Rocketdyne (AJRD) Q1 Earnings Lag Estimates, Fall Y/Y
- Aerojet Rocketdyne's (AJRD) first-quarter revenues improve 4.2% year over year primarily on rise in the Aerospace and Defense segment sales.
- 04/30/2021
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New Strong Sell Stocks for April 29th
- AJRD, HRTG, LMB, QDEL, and SPFI have been added to the Zacks Rank #5 (Strong Sell) List on April 29, 2021
- 04/29/2021
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Aerojet Rocketdyne Powers Launch of ULA's Delta IV Heavy to Orbit
- VANDENBERG AIR FORCE BASE, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Engines supplied by Aerojet Rocketdyne provided the lifting power for today's successful launch of a United Launch Alliance (ULA) Delta IV Heavy rocket carrying a classified U.S. National Reconnaissance Office (NRO) NROL-82 payload.
- 04/26/2021
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Aerojet Rocketdyne Holdings (AJRD) Misses Q1 Earnings and Revenue Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -52.17% and -2.67%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/26/2021
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Aerojet Rocketdyne Holdings, Inc. Reports 2021 First Quarter Results
- EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended March 31, 2021.
- 04/26/2021
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World's Most Powerful Hydrogen-Fueled Rocket Engine Completes Final Acceptance Test for ULA Delta IV Heavy Launch Vehicle
- STENNIS SPACE CENTER, Miss., April 12, 2021 (GLOBE NEWSWIRE) -- Today, the world's most powerful hydrogen-fueled rocket engine built by Aerojet Rocketdyne, the RS-68A, completed its final hot-fire acceptance test for use on the United Launch Alliance (ULA) Delta IV Heavy launch vehicle on the B-1 Test Stand at NASA's Stennis Space Center in Mississippi.
- 04/12/2021
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Aerojet Rocketdyne Pays Previously-Declared Special Dividend
- EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. The special dividend was paid to holders of record as of March 10, 2021.
- 03/24/2021
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Aerojet Rocketdyne Selected to Power Lockheed Martin's Next Generation Interceptor Program
- HUNTSVILLE, Ala., March 23, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been selected by Lockheed Martin to provide propulsion as a key member of their team supporting the Next Generation Interceptor (NGI) program. Lockheed Martin has been awarded a contract by the Missile Defense Agency (MDA) for the Technology Development phase of the NGI program, a key element of the MDA's missile defense system, designed to intercept and destroy incoming intercontinental ballistic missiles.
- 03/23/2021
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Successful SLS Core Stage Hot-Fire Test Puts America One Step Closer to Returning to the Moon
- STENNIS SPACE CENTER, Miss., March 18, 2021 (GLOBE NEWSWIRE) -- The four Aerojet Rocketdyne RS-25 rocket engines that power the core stage of NASA's Space Launch System (SLS) fired in unison for the second time on March 18 in Test 8 of the Core Stage Green Run series. The successful completion of this test brought America's heavy-lift deep space exploration rocket one step closer to its first flight.
- 03/18/2021
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Aerojet Rocketdyne Holdings, Inc. to Participate in J.P. Morgan Industrials Conference on March 15
- EL SEGUNDO, Calif., March 12, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today announced that it will participate in the J.P. Morgan Industrials Conference being held on March 15, 2021.
- 03/12/2021
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Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by Lockheed Martin
- EL SEGUNDO, Calif., March 09, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that, at a special meeting held on March 9, 2021, Aerojet Rocketdyne's stockholders approved the merger agreement providing for the proposed acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT).
- 03/09/2021
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SHAREHOLDER ALERT: WeissLaw LLP Reminds AJRD, RP, NTWN and COHR Shareholders About Its Ongoing Investigations
- NEW YORK, Feb. 23, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16th Floor...
- 02/23/2021
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Here is Why Growth Investors Should Buy Aerojet Rocketdyne (AJRD) Now
- Aerojet Rocketdyne (AJRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 02/23/2021
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Aerojet Rocketdyne (AJRD) Q4 Earnings Up Y/Y, Revenues Beat
- Aerojet Rocketdyne's (AJRD) fourth-quarter adjusted earnings improve 74.1% year over year, while GAAP EPS rises 43.3% on higher revenues.
- 02/22/2021
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Lockheed Martin: Aerojet Rocketdyne Acquisition Threatened by Raytheon Complaint
- 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.
- 02/18/2021
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Aerojet Rocketdyne Holdings, Inc. Reports 2020 Fourth Quarter and Annual Results
- 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.
- 02/18/2021
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Raytheon Will Challenge Lockheed/Aerojet Deal
- Lockheed rivals fear the deal will leave them at a competitive disadvantage.
- 02/17/2021
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Aerojet Rocketdyne Receives Contract for up to Two More MMRTGs for Future Deep Space Exploration Missions
- 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.
- 02/12/2021
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Steel Connect - Activist, Catalyst And NOL-Rich Small Cap At 54% FCF Yield, Worth $6.00+/Share
- Steel Connect - Activist, Catalyst And NOL-Rich Small Cap At 54% FCF Yield, Worth $6.00+/Share
- 02/09/2021
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SHAREHOLDER ALERT: WeissLaw LLP Investigates Aerojet Rocketdyne Holdings, Inc.
- 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...
- 02/09/2021
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Mario Gabelli's Top Trades of the 4th Quarter
- 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).
- 02/08/2021
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Upcoming RS-25 Engine Test Series Will Demonstrate Lower Cost Rocket Engine Components for NASA's Artemis Program
- 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.
- 01/27/2021
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Aerojet Rocketdyne: A Strategic Merger With A Good Spread
- Lockheed Martin to buy Aerojet Rocketdyne for $56 cash consideration. 6% gross spread and annualized return of 8% if the deal closes in September.
- 01/13/2021
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Aerojet Rocketdyne completes first AR1 rocket engine, but won't test fire until at least 'late 2022'
- 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.
- 01/13/2021
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$5 Billion for Rocketdyne? Why Would Lockheed Martin Pay That?
- Buying Aerojet Rocketdyne seems a gamble on the future of ULA's Space Launch System.
- 01/03/2021
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3 Things to Watch in Defense in 2021
- The year 2020 was a difficult one for defense stocks. Here's what to look for heading into 2021.
- 12/26/2020
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Lifshitz Law Firm, P.C. Announces Investigation of AJRD, CATM, EXPC, GNBF, LNKB, NEOS, AYTU, QEP, FANG, RP, RNET, and VSAT
- 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...
- 12/24/2020
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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 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
- 12/23/2020
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Lockheed Martin buys Aerojet Rocketdyne to better compete with Musk's SpaceX, Bezos' Blue Origin
- Lockheed Martin intends to buy Aerojet Rocketdyne, a deal adds assets it seeks to compete against the likes of SpaceX.
- 12/21/2020
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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Aerojet Rocketdyne Holdings, Inc. Buyout
- 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.
- 12/21/2020
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Aerojet Rocketdyne soars 26% after Lockheed Martin announces $4.4 billion acquisition of the rocket engine manufacturer (AJRD)
- 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.
- 12/21/2020
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Why Shares of Aerojet Rocketdyne Are Blasting Off Today
- The aerospace company will be acquired by Lockheed Martin for a nice premium.
- 12/21/2020
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Lockheed Martin (LMT) to Acquire Aerojet Rocketdyne for $5B
- 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.
- 12/21/2020
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Lockheed Martin's Purchase Of Aerojet Is A Modest Transaction With Major Benefits
- The proposed combination will bolster competition by giving Aerojet access to financial resources similar to that of its main rival.
- 12/21/2020
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Lockheed Martin to acquire Aerojet Rocketdyne for £3.30 billion
- In an announcement on Sunday, Lockheed Martin Corp (NYSE: LMT) said it will buy Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) in a deal valued at £3.30 billion. At £267 per share, Lockheed Martin is currently more than 10% down year to date in the stock market after recovering from a significantly lower £208 per share in March.
- 12/21/2020
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What Lockheed Martin Gets With Aerojet Acquisition
- In a transaction announced Sunday, Lockheed Martin Corp. (NYSE: LMT) has reached a definitive agreement to acquire Aerojet Rocketdyne Holdings Inc.
- 12/21/2020
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Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4Bn as Space heats up
- Lockheed Martin (LM), the US's largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of increasing competition in the Space and Defence industries.
- 12/21/2020
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Aerojet Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Aerojet Rocketdyne Holdings, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – AJRD
- NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to Lockheed Martin Corporation for $56.00 per share in cash is fair to Aerojet shareholders. As part of the transaction, Aerojet declared a $5.00 per share pre-closing special dividend to certain holders of its common shares and convertible senior notes which, unless revoked, will adjust the consideration to be paid by Lockheed to $5
- 12/21/2020
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Shareholder Alert: Ademi LLP Investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with Lockheed Martin Corporation
- MILWAUKEE, Wis., Dec. 21, 2020 /PRNewswire/ -- Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for possible breaches of fiduciary duty and other violations of the law in its transaction with Lockheed Martin. Click here to learn how to join the action:...
- 12/21/2020
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Lockheed Martin set to acquire Aerojet Rocketdyne in $4.4 billion deal
- Lockheed Martin has struck a deal to acquire Aerojet Rocketdyne Holdings in an all-cash transaction valued at $4.
- 12/20/2020
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Lockheed Martin enters agreement to acquire Aerojet Rocketdyne for $4.4B
- As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share. .
- 12/20/2020
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Wasteful Lockheed Swallows Up Another Defense Contractor - Aerojet
- Lockheed, the biggest defense contractor, is acquiring Aerojet, cutting that firm off from teaming up for competition. Lockheed is paying a 21% premium, a billion dollars, presumably with profits from the taxpayer.
- 12/20/2020
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Aerojet Rocketdyne to be Acquired by Lockheed Martin in $5.0 Billion All-Cash Transaction
- Purchase Price Represents a Premium of Approximately 33%
- 12/20/2020
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Lockheed Martin inks $4.4 billion deal to acquire Aerojet Rocketdyne
- Lockheed Martin Corp said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash.
- 12/20/2020
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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
- BETHESDA, Md., Dec. 20, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $56 per share in cash, which is expected to be reduced to $51 per share after the...
- 12/20/2020
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Aerojet Rocketdyne Delivers Key Space and Defense Capabilities for the Nation During 2020
- EL SEGUNDO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Major contract awards to support the nation's heavy-lift exploration rocket and next-generation strategic deterrent programs were among the 2020 highlights for Aerojet Rocketdyne.
- 12/16/2020
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Aerojet Rocketdyne Breaks Out Of Downward Trend
- Aerojet Rocketdyne had been trending lower since February, but a rally that started at the beginning of November appears to have broken the downward trend. Solid earnings and revenue growth should help move the stock higher in the coming quarters.
- 12/16/2020
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Another Aerojet Rocketdyne Hypersonic Engine Makes History
- HUNTSVILLE, Ala., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and the Air Force Research Laboratory (AFRL) have achieved record levels of thrust by a scramjet engine 10 years after making history by powering the first hydrocarbon-fueled and cooled air-breathing hypersonic flight test. 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 Force's Medium Scale Critical Components (MSCC) program.
- 12/15/2020
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Aerojet Rocketdyne Powers ULA Launch of National Reconnaissance Office Payload
- CAPE CANAVERAL, Fla., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne powered the recent successful launch of a United Launch Alliance (ULA) Delta IV Heavy rocket yesterday from Cape Canaveral Air Force Station in Florida. The rocket launched a classified national security payload for the U.S. National Reconnaissance Office (NRO).
- 12/11/2020
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Aerojet Rocketdyne Propulsion Plays Key Role in Atlas V Mission for the NRO
- 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.
- 11/13/2020
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Aerojet Rocketdyne Holdings (AJRD) Misses Q3 Earnings Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -17.39% and 0.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2020
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Aerojet Rocketdyne Propulsion Powers OSIRIS-REx Asteroid Sample Collection
- Powered by Aerojet Rocketdyne propulsion, the OSIRIS-REx spacecraft will execute its long awaited sample collection of asteroid Bennu on Oct. 20. OSIRIS-REx is
- 10/19/2020
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Aerojet Rocketdyne’s Arkansas Facility Delivers 5,000th Stinger Missile Solid Rocket Flight Motor
- Aerojet Rocketdyne has delivered the 5,000th solid rocket flight motor for the Stinger missile system from its Solid Rocket Motor Center of Excellence in
- 10/15/2020
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Aerojet Ordnance Tennessee Delivers Eight Millionth M67 Hand Grenade Body
- Aerojet Rocketdyne’s specialty metal provider Aerojet Ordnance Tennessee (AOT) announced today that it reached a major production milestone when it delivered
- 10/14/2020
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AUSA Selects Aerojet Rocketdyne CEO and President Eileen P. Drake for 2020 John W. Dixon Award
- Aerojet Rocketdyne, a leading provider of defense and space propulsion, announced today that Chief Executive Officer and President Eileen P. Drake has been
- 10/13/2020
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New Post From Your Neighbor
- Tenacity. That's the word to describe our fearless state...
- 10/12/2020
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New Post From Your Neighbor
- Weston parents petition the Weston Board of Education for...
- 10/12/2020
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New Post From Your Neighbor
- This November 3rd we make decisions on who represents Easton...
- 10/11/2020
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Space Propulsion Market worth $14.2 billion by 2025, at a CAGR of 16.2%
- Oct 07, 2020 (AB Digital via COMTEX) --
The report "Space Propulsion Market by Type (Chemical Propulsion, Non-chemical Propulsion), System Component...
- 10/07/2020
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Steel Sports Announces Character Development Partnership with Carrot Group for Esports Program in Underserved High Schools
- Steel Sports, a social impact business with the mission of inspiring youth to reach their potential, on and off the field, by developing them as athletes and...
- 10/07/2020
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Aerojet Rocketdyne Opens New Manufacturing Facility in Arkansas - Via Satellite -
- Aerojet Rocketdyne has opened a new, 17,000 square-foot large solid rocket motor manufacturing facility in Camden, Arkansas. Aerojet Rocketdyne said in a Tuesday release that the large solid rocket motors produced at the new Engineering, Manufacturing Development (EMD) facility will be used for national security
- 10/07/2020
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Steel Sports Announces Character Development Partnership with Carrot Group for Esports Program in Underserved High Schools
- Steel Sports Announces Character Development Partnership with Carrot Group for Esports Program in Underserved High Schools
- 10/07/2020
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Aerojet Rocketdyne's New State-of-the-Art Large Solid Rocket Motor Facility Open for Operations
- CAMDEN, Ark., Oct 06, 2020 (GLOBE NEWSWIRE via COMTEX) --
CAMDEN, Ark., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne's new large solid rocket motor...
- 10/06/2020
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Aerojet Rocketdyne's New State-of-the-Art Large Solid Rocket Motor Facility Open for Operations
- CAMDEN, Ark., Oct 06, 2020 (GLOBE NEWSWIRE via COMTEX) -- Aerojet Rocketdyne's new large solid rocket motor manufacturing facility is officially open for...
- 10/06/2020
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Aerojet Rocketdyne’s New State-of-the-Art Large Solid Rocket Motor Facility Open for Operations
- Aerojet Rocketdyne’s new large solid rocket motor manufacturing facility is officially open for operations, highlighting the company’s significant investments
- 10/06/2020
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New Post From Your Patch Editor
- Every article you read about pizza in CT talks about Frank...
- 10/06/2020
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Aerojet Rocketdy Set to Possibly Rebound After Yesterday's Selloff of 1.02%
- Oct 02, 2020 (SmarTrend(R) News Watch via COMTEX) --
Aerojet Rocketdy (NYSE:AJRD) traded in a range yesterday that spanned from a low of $38.61 to a high of...
- 10/02/2020
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New Post From Your Neighbor
- The Foundation of Hope is hosting an interactive livestream on...
- 10/02/2020
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New Post From Your Neighbor
- To the Editor: As a constituent of District 28, I'm writing to...
- 10/02/2020
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Virtual Events Could Lead to a Potential $774 Billion Opportunity
- Oct 01, 2020 (Baystreet.ca via COMTEX) --
The virtual events industry is booming. In fact, according to Grand View Research, the market is worth $90 billion...
- 10/01/2020
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New Post From Your Neighbor
- To the Editor:...
- 09/29/2020
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New Post From Your Neighbor
- To the Editor:...
- 09/28/2020
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Charles Schwab Investment Management Inc. Raises Stake in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- Charles Schwab Investment Management Inc. grew its position in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 541,125 shares of the aerospace company’s stock after acquiring an additional 41,863 shares during the period. […]
- 09/28/2020
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New Post From Your Patch Editor
- So what's it gonna be? Are you letting your kids trick-or...
- 09/25/2020
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New Post From Your Neighbor
- The Redding Police Department Union like many other local...
- 09/23/2020
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New Post From Your Patch Editor
- The Town of Redding has advised that Station Road will be...
- 09/18/2020
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Vanguard Group Inc. Buys 260,533 Shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- Vanguard Group Inc. grew its stake in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,808,378 shares of the aerospace company’s stock after buying an additional 260,533 shares during […]
- 09/18/2020
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Aerojet Rocketdyne Holdings (AJRD) Presents At 25th Annual Aerospace & Defense Virtual Conference - Slideshow
- The following slide deck was published by Aerojet Rocketdyne Holdings, Inc. in conjunction with this event..
- 09/12/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 09/06/2020
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Stocks To Watch: Tech Reboots And Eyes On Lululemon, Peloton & GameStop
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 09/05/2020
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Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) Receives Average Recommendation of “Buy” from Brokerages
- Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) has received a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that […]
- 08/25/2020
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To Build a Plane That Can Fly Itself, Start With a Pilot in the Cockpit
- Startup Xwing has devised a strategy to accelerate autonomous aircraft development: demonstrate the reliability of automated flight controls during conventional cargo flights flown by pilots.
- 08/20/2020
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These 4 Measures Indicate That Aerojet Rocketdyne Holdings (NYSE:AJRD) Is Using Debt Reasonably Well
- David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
- 08/17/2020
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Mario Gabelli Leans Out 2nd-Quarter Portfolio
- Over 60 stocks sold during the quarter Continue reading...
- 08/14/2020
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SpaceX Caps Epic Week With Air Force Launch Contract; Boeing-Lockheed JV Also Wins
- The Air Force late Friday awarded five-year launch contracts to both SpaceX and United Launch Alliance, a Boeing-Lockheed Martin joint venture.
- 08/07/2020
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Aerojet Rocketdyne to Provide ULA’s Vulcan Centaur Key Propulsion for Next Generation of Air Force Launch Services
- The U.S. Air Force selected United Launch Alliance (ULA) as one of two launch service providers under the National Security Space Launch Phase 2 Launch Services
- 08/07/2020
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Aerojet Rocketdyne to Provide ULA’s Vulcan Centaur Key Propulsion for Next Generation of Air Force Launch Services
- EL SEGUNDO, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) -- The U.S. Air Force selected United Launch Alliance (ULA) as one of two launch service providers under the National Security Space Launch Phase 2 Launch Services Procurement (LSP). Aerojet Rocketdyne will provide two RL10 rocket engines to power the upper stage of ULA’s Vulcan Centaur launch vehicle, as well as the thrusters that control the stage while in flight and the composite overwrapped pressure vessels that store gases required for operation of the launch vehicle. “Aerojet Rocketdyne congratulates ULA on its selection and we look forward to providing our highly reliable RL10 engine on the Vulcan,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Aerojet Rocketdyne has supported the nation’s most important national security space missions for decades. We will now bring the RL10 engine’s tremendous record of mission success to support the next generation of American National Security Space Launch missions.Under the LSP contract, ULA will support approximately 60% of missions starting in 2022 and continuing through the next five years.The RL10 engine’s outstanding performance and reliability has made it the upper-stage engine of choice for the nation. Built in West Palm Beach, Florida, the RL10 engine is currently used to power the upper stages of ULA’s Delta IV and Atlas V rockets, and has supported earlier versions of those vehicles dating back to the early 1960s.The flight-proven RL10 engine provided the upper-stage propulsion to place hundreds of military, civil and commercial satellites into orbit and has sent spacecraft on their journeys to explore every planet in our solar system. The RL10 engine has been continuously upgraded throughout its service life with recent efforts focused on incorporating additive manufacturing to enhance affordability while maintaining its unequaled performance.“With 500 engines flown in space, the RL10 has an unmatched reputation worldwide,” added Drake. “We look forward to continuing our strong partnership with ULA as we provide an advanced RL10 engine for Vulcan.”The Vulcan’s Centaur upper stage will also include 12 Aerojet Rocketdyne MR-107 thrusters, built in Redmond, Washington, that are used to control vehicle orientation and trajectory during the latter stages of the launch sequence. ARDÉ, a subsidiary of Aerojet Rocketdyne located in Carlstadt, New Jersey, will also build the composite overwrapped pressure vessels that support operation of the launch vehicle.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. For more information, visit www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and @DrakeEileen.Media Contacts: Mary Engola, Aerojet Rocketdyne, 571-289-1371 Mary.Engola@rocket.com Todd McConnell, Aerojet Rocketdyne, 561-882-5395 Todd.McConnell@rocket.com
- 08/07/2020
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Aerojet Rocketdyne Announces CFO Transition
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) announced today that Dan Boehle has been named as the company’s Chief Financial Officer. Boehle will report
- 08/07/2020
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Aerojet Rocketdyne Announces CFO Transition
- EL SEGUNDO, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) announced today that Dan Boehle has been named as the company’s Chief Financial Officer. Boehle will report directly to CEO and President Eileen P. Drake and will be based out of the corporate headquarters in El Segundo, California. “Dan brings a wealth of expertise in corporate finance and a strong track record of driving profitable growth,” said Aerojet Rocketdyne CEO and President Eileen P. Drake. “Dan’s extensive experience and focus on delivering value for shareholders has been a tremendous asset to our company and I look forward to his leadership as our CFO.”Boehle joined Aerojet Rocketdyne in August 2017 as Vice President, Controller and Principal Accounting Officer. Over the last several years, he has led Aerojet Rocketdyne efforts to streamline Aerojet Rocketdyne’s finance and accounting practices to increase efficiency and reduce overhead expenditures.Boehle previously worked for more than 15 years at Northrop Grumman Corporation where he served in positions of increasing responsibility, including Director for Aerospace Systems Sector Financial Planning, Reporting and Analysis as well as Corporate Assistant Controller and Director of Internal Audit. Boehle holds a Bachelor of Science in Accounting from Loyola Marymount University, a Master of Business Administration from UCLA’s Anderson School of Management and is a Certified Public Accountant.“Dan’s selection reflects Aerojet Rocketdyne’s strong commitment to developing our world-class workforce, building highly capable teams and ensuring continuity of leadership,” said Drake. Boehle succeeds Paul Lundstrom, who will join Flex Ltd. as CFO on September 1, 2020 after nearly 4 years with Aerojet Rocketdyne. Lundstrom will be working closely with Boehle over the next few weeks to ensure a seamless transition.“I want to thank Paul for his leadership and significant contributions to Aerojet Rocketdyne,” said Drake. “Paul has built an exceptionally strong team and his leadership transformed our company’s Finance department, drove significant value for shareholders and prepared us for a smooth CFO succession.”As Chief Financial Officer, Boehle will serve as a member of the executive management team, participating in key decisions pertaining to strategic initiatives. In addition, he will direct the organization’s accounting practices, the maintenance of its fiscal records as well as the preparation and interpretation of financial reports for management and external groups.About Aerojet Rocketdyne Holdings, Inc. Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of the Company’s excess real estate assets. More information can be obtained by visiting the Company’s websites at www.rocket.com or www.aerojetrocketdyne.com.Contact information: Media: Steve Warren, vice president, communications 703-650-0278
- 08/07/2020
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COVID-19 Impacts: Electric Propulsion Satellite Market Will Accelerate at a CAGR of over 14% through 2020-2024 | Growing Preference for Hosted Payload to Boost Growth | Technavio
- The Global Electric Propulsion Satellite Market will grow by USD 10.18 bn during 2020-2024
- 08/07/2020
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SpaceX Took a First Small Step to Mars. That’s Great News for Space Investors.
- SpaceX is back in the news with a test of part of its Starship system, which could eventually take crews to the moon, to Mars and beyond.
- 08/05/2020
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Aerojet Rockedyne stock is a buy despite competition from SpaceX and others, RBC says
- RBC Capital Markets upgraded its rating of Aerojet Rocketdyne's stock to outperform from sector perform on Tuesday.
- 08/04/2020
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Another Win for Elon Musk: SpaceX Returns Bob and Doug to Earth
- The 64-day mission that took two NASA astronauts to the International Space Station and back is complete. It’s a huge success for NASA, SpaceX, the space industry, and even for Tesla.
- 08/03/2020
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Another Win for Elon Musk: SpaceX Returns Bob and Doug to Earth
- The 64-day mission that took two NASA astronauts to the International Space Station and back is complete. It’s a huge win for NASA, SpaceX, the space industry. and even for Tesla.
- 08/02/2020
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Aerojet Rocketdyne (AJRD) Q2 Earnings Surpass Estimates
- Aerojet Rocketdyne's (AJRD) second-quarter revenues improve 5.6% year over year, primarily driven by the Guided Multiple Launch Rocket System and the Medium Range Ballistic Missile programs.
- 07/29/2020
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Why Shares of Aerojet Rocketdyne Are Up Today
- Shares of Aerojet Rocketdyne Holdings (NYSE: AJRD) rocketed higher by 17% in Tuesday afternoon trading after the space propulsion specialist reported better-than-expected earnings. After markets closed Monday, the maker of rocket engines and other propulsion systems reported second-quarter adjusted earnings of $0.46 per share on sales of $512.4 million, besting analyst estimates for $0.42 per share in earnings on sales of $495 million. The company benefited from increased sales into two key defense programs, the Guided Multiple Launch Rocket System and the Medium Range Ballistic Missile, which helped offset a separate program that was canceled last year.
- 07/28/2020
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NASA Perseverance’s Mission to Mars Propelled by Aerojet Rocketdyne
- CAPE CANAVERAL, Fla., July 28, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne is playing a critical role in NASA’s latest mission to the red planet. NASA’s Mars 2020 mission with the Perseverance Rover is slated to launch on a United Launch Alliance (ULA) Atlas V rocket from Florida’s Cape Canaveral Air Force Station on July 30. Designed to better understand the geology of Mars and seek signs of ancient life, Perseverance will ultimately make discoveries to pave the way for human exploration of Mars. “Perseverance will rely on Aerojet Rocketdyne propulsion during the launch, entry, descent and landing phases of the mission, and Aerojet Rocketdyne power during the collection portion of the mission,” said Aerojet Rocketdyne CEO and President Eileen Drake. “Aerojet Rocketdyne engines have flown aboard and enabled every successful NASA Mars mission to date and we’re confident that Perseverance will soon join its predecessors in making amazing discoveries.”Perseverance will launch aboard a ULA Atlas V rocket in the 541 configuration, employing a number of Aerojet Rocketdyne motors, engines and tanks: * Four AJ-60A solid rocket motors manufactured in Sacramento, California, are on the Atlas V’s first stage and will provide 1,394,000 pounds of thrust to lift the vehicle off the launch pad. * A single RL10C-1 Centaur upper stage engine built in West Palm Beach, Florida, will propel Perseverance on a trajectory to Mars after first stage separation. * 12 MR-106 reaction control system thrusters made in Redmond, Washington, will provide pitch, yaw and roll control for the Atlas V’s Centaur upper stage, as well as settling burns for the RL10 engine. * Six tanks built by Aerojet Rocketdyne subsidiary ARDÉ in Carlstadt, New Jersey, will store high pressure helium used to pressurize propellant tanks on the launch vehicle’s first and second stages to feed propellant to the engines. * Two tanks also built by ARDÉ will store high pressure helium to pressurize the lander/descent propulsion system.After the spacecraft separates from the Centaur upper stage, it will begin its roughly seven-month journey to Mars. Aerojet Rocketdyne propulsion is also employed on Perseverance’s spacecraft, aiding the entry, descent and landing phases of the mission. Eight MR-107U thrusters will stabilize the spacecraft during its entry into Martian atmosphere, and eight MR-80B throttling descent thrusters on the descent stage will power the sky crane as it lowers the rover onto the surface and then fly the stage a safe distance away. These in-space thrusters are also produced at the company’s facility in Redmond, Washington.Once the Perseverance rover is safely on the surface of Mars, it will begin preparations for its roughly two-year sample collection mission. Aerojet Rocketdyne provides the Multi-Mission Radioisotope Thermoelectric Generator (MMRTG) that will provide power to the rover and its various instruments throughout surface operations. The MMRTG is built at Aerojet Rocketdyne’s facility in Los Angeles, California.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. For more information, visit www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and @DrakeEileen.Media Contacts: Ashley Riser, Aerojet Rocketdyne, 571-236-4091 ashley.riser@rocket.com Mary Engola, Aerojet Rocketdyne, 571-289-1371 mary.engola@rocket.com
- 07/28/2020
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Aerojet Rocketdyne Holdings (AJRD) Q2 Earnings and Revenues Surpass Estimates
- Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 9.30% and 2.27%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2020
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Aerojet Rocketdyne Holdings, Inc. Reports 2020 Second Quarter Results
- EL SEGUNDO, Calif., July 27, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today reported results for the three months ended June 30, 2020. Financial Overview Three months ended June 30, Six Months ended June 30, 2020 2019 2020 2019 (In millions, except percentage and per share amounts) Net sales$512.4 $485.0 $988.5 $976.7 Net income39.2 44.1 70.6 82.8 Net income as a percentage of net sales7.7% 9.1% 7.1% 8.5% Adjusted Net Income (Non-GAAP measure*)38.5 41.4 67.9 77.7 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales7.5% 8.5% 6.9% 8.0% Earnings Per Share (“EPS”) - Diluted0.47 0.54 0.84 1.01 Adjusted EPS (Non-GAAP measure*)0.46 0.50 0.81 0.95 Adjusted EBITDAP (Non-GAAP measure*)76.3 78.4 138.7 149.4 Adjusted EBITDAP (Non-GAAP measure*) as a percentage of net sales14.9% 16.2% 14.0% 15.3% Cash provided by operating activities144.7 48.9 127.6 31.2 Free cash flow (Non-GAAP measure*)131.5 43.5 111.4 24.3 _________ * The Company provides Non-GAAP measures as a supplement to financial results based on accounting principles generally accepted in the United States (“GAAP”). A reconciliation of the Non-GAAP measures to the most directly comparable GAAP measures is included at the end of the release.“Q2 2020 was a great quarter for Aerojet Rocketdyne,” said Eileen Drake, CEO and President of Aerojet Rocketdyne Holdings, Inc. “Sales in the quarter were up 6% year over year primarily driven by growth in defense programs, including GMLRS and MRBM. Margins in the quarter were a solid 14.9%, reflecting a continued focus on strong program performance. Backlog has once again reached an all-time high – $6.8 billion at quarter end. Included in our backlog was the NASA contract modification award received in May to produce an additional 18 RS-25 engines in support of deep space exploration missions. Free cash flow of $131.5 million was excellent in the quarter, bringing year-to-date free cash generation to $111.4 million compared with $24.3 million in the first six months of 2019.”“The safety protocols that were put in place during the first quarter to combat the potential disruption impact of COVID-19 continue,” Drake added. “The majority of our non-touch employees still work remotely and we continue to enforce various safety protocols for those employees who are on site. The safety and health of our employees is our number one priority and I couldn’t be more pleased with our employees’ demonstrated ability to maintain the focus on safety as well as on continuing to deliver excellent performance to our customers and drive improvements and efficiencies across our operations.”Second quarter of 2020 compared with second quarter of 2019The increase in net sales was primarily driven by the Guided Multiple Launch Rocket System (“GMLRS”) and Medium Range Ballistic Missile (“MRBM”) programs partially offset by a decline in the Redesigned Exoatmospheric Kill Vehicle (“RKV”) program which was canceled in 2019.The decrease in net income was impacted by (i) risk retirements in the prior period on the Terminal High Altitude Area Defense (“THAAD”) and Standard Missile programs and (ii) higher retirement benefits expense, partially offset by lower stock-based compensation. The Company had $11.4 million of net favorable changes in contract estimates on net income in the current period compared with net favorable changes of $19.0 million in the second quarter of 2019.First half of 2020 compared with first half of 2019The increase in net sales was primarily driven by the GMLRS and RS-25 programs partially offset by a decline in the RKV program which was canceled in 2019.The decrease in net income was impacted by the following: (i) cost growth on a portion of the Standard Missile program in 2020; (ii) risk retirements in 2019 on the THAAD and Standard Missile programs; (iii) the reserve release upon the final AJ-60 solid rocket motor delivery in 2019; and (iv) higher retirement benefits expense, partially offset by lower stock-based compensation. The Company had $13.3 million of net favorable changes in contract estimates on net income in the current period compared with net favorable changes of $28.7 million in the first half of 2019.BacklogAs of June 30, 2020, the Company’s total remaining performance obligations, also referred to as backlog, totaled $6.8 billion compared with $5.4 billion as of December 31, 2019. The increase in backlog was due to a $1.8 billion contract modification for the production of an additional 18 RS-25 engines to support future deep space exploration missions. The Company expects to recognize approximately 30%, or $2.1 billion, of the remaining performance obligations as sales over the next twelve months, an additional 22% the following twelve months, and 48% thereafter. A summary of the Company’s backlog is as follows: June 30, 2020 December 31, 2019 (In billions) Funded backlog$3.2 $2.1 Unfunded backlog3.6 3.3 Total backlog$6.8 $5.4 Total backlog includes both funded backlog (unfilled orders for which funding is authorized, appropriated and contractually obligated by the customer) and unfunded backlog (firm orders for which funding has not been appropriated). Indefinite delivery and quantity contracts and unexercised options are not reported in total backlog. Backlog is subject to funding delays or program restructurings/cancellations which are beyond the Company’s control.COVID-19During the three and six months ended June 30, 2020, the Company’s financial results and operations were not materially adversely impacted by the coronavirus (“COVID-19”) pandemic. The safety and welfare of employees remains a top priority, and the Company has continued to follow its established safety protocol, which includes selected and site-specific work and travel restrictions, in addition to other measures intended to reduce the spread of COVID-19. The Company has also continued to evaluate new opportunities to protect its employees. Although the Company has not experienced significant absenteeism or supply chain disruption, the extent to which the COVID-19 pandemic impacts the Company’s financial results and operations for 2020 and beyond depends on future developments which are highly uncertain and cannot be predicted, including new information which may emerge concerning the severity of the pandemic and the actions being taken to contain and treat it, and other indirect effects that may come as a result of actions taken by governments, companies, and individuals in response to the pandemic and its economic impact.Forward-Looking StatementsThis release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such statements in this release and in subsequent discussions with the Company’s management are based on management’s current expectations and are subject to risks, uncertainty and changes in circumstances, which could cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein and in subsequent discussions with the Company’s management that are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. A variety of factors could cause actual results or outcomes to differ materially from those expected and expressed in the Company’s forward-looking statements. Important risk factors that could cause actual results or outcomes to differ from those expressed in the forward-looking statements include, but are not limited to, the following: * the COVID-19 pandemic and its impact on economic and other conditions worldwide, including global spending, sourcing and the business operations of the Company and its customers and suppliers, among others; * reductions, delays or changes in U.S. government spending; * cancellation or material modification of one or more significant contracts; * cost overruns on the Company’s contracts that require the Company to absorb excess costs; * changes in estimates related to contract accounting; * failure to secure contracts; * failure of the Company’s subcontractors or suppliers to perform their contractual obligations; * failure to comply with regulations applicable to contracts with the U.S.
- 07/27/2020
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Aerojet Concentrates Solid Rocket Motor Work At Camden, Arkansas In Bid To Bolster Competitive Positioning
- The nation's newest site for building large solid rocket motors isn't in California or Florida, it's in Arkansas.
- 07/27/2020
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Division I boys basketball recruit takes ‘next step,’ transfers from Easton to N.J. prep power
- Aaron Clark is headed to St. Benedict's Prep in Newark.
- 07/23/2020
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Earnings Preview: Aerojet Rocketdyne Holdings (AJRD) Q2 Earnings Expected to Decline
- 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.
- 07/22/2020
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2020 Profile of Aerojet Rocketdyne: Financial Analysis, Products, Programs, Customers and Competitors - ResearchAndMarkets.com
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Aerojet Rocketdyne Achieves Another Milestone on DARPA OpFires Program
- HUNTSVILLE, Ala., July 21, 2020 -- Aerojet Rocketdyne has successfully completed a second series of propulsion system tests in support of the Operational Fires (OpFires).
- 07/21/2020
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This Is What SpaceX Could Be Worth
- SpaceX’s unique technology makes the company difficult to value.
- 07/21/2020
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Aerojet Rocketdyne Completes its Propulsion for NASA’s Artemis II Mission
- EL SEGUNDO, Calif., July 20, 2020 -- Aerojet Rocketdyne recently completed all of its propulsion hardware for the first crewed flight of NASA’s Space Launch System (SLS) rocket.
- 07/20/2020
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What Can We Learn About Aerojet Rocketdyne Holdings' (NYSE:AJRD) CEO Compensation?
- Eileen Drake became the CEO of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) in 2015, and we think it's a good time to...
- 07/18/2020
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5,656 Shares in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) Acquired by First Citizens Bank & Trust Co.
- First Citizens Bank & Trust Co. bought a new stake in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,656 shares of the aerospace company’s stock, valued at approximately $224,000. A number of other hedge funds […]
- 07/18/2020
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Did Hedge Funds Make The Right Call On Aerojet Rocketdyne Holdings Inc (AJRD) ?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/17/2020
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Advisor Group Holdings Inc. Takes Position in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- Advisor Group Holdings Inc. purchased a new stake in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,939 shares of the aerospace company’s stock, valued at approximately $375,000. Several other institutional […]
- 07/16/2020
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Virgin Galactic Hands Reins to Man Responsible for Disney’s Star Wars: Galaxy’s Edge
- The move signals a change in focus at the space-tourism startup—from the technical challenges of getting into space to the challenges of running a commercial enterprise.
- 07/16/2020
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It's Been A Rough 6 Months For Stock-Picking Gurus
- Some of the best stock-pickers working today are having a rough go of it. It's not surprising that many of them are struggling, just as the rest of us mere mortals are.
- 07/14/2020
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Global Astronaut Space Suits Market Growth Assessment 2020-2025 - ResearchAndMarkets.com
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6 Meridian Sells 11,204 Shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- 6 Meridian lowered its stake in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 61.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,111 shares of the aerospace company’s stock after selling 11,204 shares during the quarter. 6 Meridian’s holdings in Aerojet Rocketdyne were […]
- 07/11/2020
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Global Nuclear Missiles and Bombs Market 2020-2025 - Players Focusing on Developing Advanced Missiles with Higher Speeds & Lethality, Which Will Help Them Gain New Contracts with the Militaries - ResearchAndMarkets.com
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Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) Holdings Lowered by AQR Capital Management LLC
- AQR Capital Management LLC trimmed its stake in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 46.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,568 shares of the aerospace company’s stock after selling 28,112 shares during the quarter. AQR Capital Management LLC’s […]
- 07/04/2020
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CT Among 3 Lowest States For Positive Coronavirus Test Rate
- CT Among 3 Lowest States For Positive Test Rate - Across Connecticut, CT - Connecticut continues to push its positive coronavirus test rate lower and lower.
- 07/02/2020
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Top neighbourhood bistro to launch al fresco restaurant
- It's set to be pretty special...
- 07/02/2020
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How liberation inspired Rwandan diaspora to pack their bags and return home
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Simply stunning! NASA Astronaut on ISS tweets images of ‘boundary between day and night on Earth’
- Robert Behnken, an astronaut of the National Aeronautics and Space Administration (NASA) recently shared on Twitter stunning images of the demarcation between night and day on the Earth.
- 07/01/2020
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How competition will make the new space race flourish
- The progression of commercial operations in space has been at a pace unlike anything else in history. Much of this change dates back to legislation from the George W. Bush administration, which gives clues to where we can expect the market to take us in the next 20 years.
- 07/01/2020
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[WATCH] NASA's Epic 10-Year Time-Lapse Video of the Sun
- We can't stop watching this timelapse.
- 07/01/2020
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Penumbral Lunar Eclipse July 2020: Date, Timings, Where to Watch
- There's a partial penumbral eclipse happing on the night of July 4 and the morning of July 5. Don't miss it!
- 07/01/2020
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Mars Rover Launch Pushed Back Due to Rocket Problems
- NASA has to push the launch until August 11, or it has to wait until 2022.
- 07/01/2020
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How Virgin Galactic Stock Could Take Off as NASA Sends More People to Space
- Virgin Galactic Holdings has jumped nearly 33% in 2020. Vertical Research Partners argues that the shares could have another 90% to go.
- 06/30/2020
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Eau de Space is Selling Space Perfume for $15; Here's How Space Smells Like
- Can this perfume attract a lover?
- 06/30/2020
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NASA announces Lunar Loo challenge; invites ideas for engineering toilet on Moon
- According to NASA, the inputs should have a design for a compact toilet which is able to operate in microgravity as well as lunar gravity.
- 06/30/2020
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Analysts Offer Insights on Technology Companies: AAR (NYSE: AIR), II-VI (NASDAQ: IIVI) and Paypal Holdings (NASDAQ: PYPL) - Markets
- There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AAR (AIR
- 06/30/2020
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CT Coronavirus Updates: New Milestone For Hospitalizations
- CT Coronavirus Updates - Across Connecticut, CT - While coronavirus numbers are spiking seemingly everywhere that isnt the case in Connecticut.
- 06/30/2020
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NASA Astronaut Shares Photo Capturing Boundary Between Day and Night on Earth in One Frame
- Behnken has shared an image of the Earth showing the intermingling of the day and night, as seen from space.
- 06/29/2020
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Wonder what space smells like? This astronaut-verified fragrance has the answer
- A fragrance that smells just like outer space might soon be available to the common man.
- 06/29/2020
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Scottsdale Video Network July Program Guide
- Public meeting times are subject to change or cancellation.
- 06/29/2020
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India Witnessed Significant Drop in CO2, NO2 Levels During Corona Lockdown: NASA
- Several space agencies including the NASA, Japan’s Japan JAXA and the European Space Agency (ESA) worked together to study the changes in the air quality that Indian regions went through during the lockdown period.
- 06/29/2020
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Here's What Space Looked Like On Your Birthday from NASA's Hubble Telescope
- On clicking Independence Day or August 15, the website reveals that the Hubble Telescope viewed the Triangulum Galaxy on the day in 2017.
- 06/29/2020
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Asteroid Day — everything you need to know about the rocks in our solar system that could one day hit Earth
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Le siège de la NASA prend le nom d'une ingénieure afro-américaine
- La NASA va rebaptiser son siège de Washington du nom d'une ingénieure aéronautique noire, cédant à la pression de Black Lives Matter.
- 06/29/2020
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Spectacular New Images Capture the Space Station Traveling Across the Sun
- Capturing an image of the ISS transiting Sun is rare.
- 06/29/2020
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Surprising Findings Beneath the Surface of Our Galaxy’s Water Worlds
- A team of researchers simulated conditions on water-rich exoplanets in the laboratory and learned something surprising about their geological composition. Out beyond our solar system, visible only as the smallest dot in space with even the most powerful telescopes, other worlds exist. Many of the
- 06/29/2020
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CT Coronavirus Updates: Hospitalizations Drop Significantly
- CT Coronavirus Updates - Across Connecticut, CT - Here is a look at the number of coronavirus cases, deaths and people tested per town in Connecticut.
- 06/28/2020
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NASA's Necklace Can Spot People with Coronavirus: Here's How It Works
- It is actually amazing.
- 06/27/2020
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Receive $35,000 By Designing NASA's Toilet for the Moon
- Next time astronauts land on the Moon, they will have all sorts of advancements the crew of Apollo 11 never dreamed of.
- 06/27/2020
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Watch: NASA releases epic 10-year timelapse of Sun
- The video shows the rise and fall in activity that occurs as part of the Sun’s 11-year solar cycle and notable events, like transiting planets and eruptions.
- 06/26/2020
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Watch: NASA releases epic 10-year timelapse of Sun
- The video shows the rise and fall in activity that occurs as part of the Sun’s 11-year solar cycle and notable events, like transiting planets and eruptions.
- 06/26/2020
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Lisa Pratt Is Out to Save the Worlds
- NASA’s ‘planetary protection officer’ works to keep alien microbes and viruses away from Earth—and to avoid contaminating distant planets and moons
- 06/26/2020
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7 Blue-Chip Stocks to Avoid Right Now
- Even in a volatile market, not all blue-chip stocks will keep you safe. Here are seven that you should avoid until things brighten up.
- 06/26/2020
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NASA to rename D.C. Headquarters after 1st black woman engineer Mary Jackson
- NASA will rename their Washington D.C. HQ building after the association's first black woman engineer and subject of the film Hidden Figures, Mary W. Jackson.
- 06/26/2020
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NASA finds drop in CO2, greenhouse emission in India during virus lockdown
- NASA collaborates with the European Space Agency (ESA) and the Japan Aerospace Exploration Agency (JAXA) to document planet-wide changes in the environment, society during the Covid-19 lockdown
- 06/26/2020
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Maverick Capital Ltd. Buys 549 Shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- Maverick Capital Ltd. increased its holdings in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 1.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 30,597 shares of the aerospace company’s stock after purchasing an additional 549 shares during the period. Maverick Capital Ltd.’s holdings in Aerojet Rocketdyne […]
- 06/26/2020
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Ericsson : White House Seeks to Bolster Huawei Rivals | MarketScreener
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Nasa names HQ after its first black female engineer
- WASHINGTON • Nasa has announced that it would name its Washington headquarters after Mrs Mary Jackson, the organisation's first black female engineer and a pivotal player in helping US astronauts reach space.. Read more at straitstimes.com.
- 06/25/2020
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Monster Billion Solar Mass Black Hole Found in the Early Universe
- Most massive quasar known in early universe discovered on Maunakea. The second-most distant quasar ever discovered now has a Hawaiian name. Astronomers have discovered the second-most distant quasar ever found using three Maunakea Observatories in Hawai‘i: W. M. Keck Observatory, the internati
- 06/25/2020
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Ericsson : White House Considers Broad Federal Intervention To Secure 5G Future | MarketScreener
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NASA tweets Moon belongs to BTS's Jin too!
- NASA (National Aeronautics and Space Administration) has declared that moon does belong to BTS member Jin, or sort of.
- 06/25/2020
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NASA's Otherworldly Simulations Show How the Sun Will Set on Uranus
- The simulations were created by NASA’s Goddard Space Flight Center’s planetary scientist Geronimo Villanueva, who ideated it while building a computer modeling tool for a possible future mission to Uranus.
- 06/25/2020
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CT On Track To Contain Coronavirus New Report Says
- Coronavirus Cases In CT Continue To Decline - Across Connecticut, CT - A new study explains in detail how Connecticut is doing with regard to slowing down the spread of the coronavirus.
- 06/25/2020
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Cyber Insurance Market to Grow with 26.3% CAGR Between 2020 and 2030: P&S Intelligence
- With the growing awareness on insurance, surging number of cyber-attacks, and increasing government regulations, the profile of cyber risk management firms is
- 06/25/2020
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UC Berkeley: Rogue's Gallery Of Dusty Star Systems Reveals Exoplanet Nurseries
- Esposito is first author of a paper describing the results that appeared June 15 in The Astronomical Journal.
- 06/25/2020
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India to provide level playing field to private space players; Isro to focus on building technologies
- Indian Space Research Organisation will focus more on building new technologies, human spaceflight programmes and deep space missions. New Space India Ltd, the commercial arm of Isro, will engage with startups and private companies for new applications and use the space infrastructure to build them.
- 06/24/2020
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Opinion: Lessons learned from church murder five years ago
- State Senator moved by survivors choosing forgiveness and not hate.
- 06/24/2020
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Exoplanet Nurseries Revealed in Rogue’s Gallery of Dusty Star Systems
- Systematic survey of 104 nearby stars turns up 25 dust disks with evidence of planets. Astronomers this month released the largest collection of sharp, detailed images of debris disks around young stars, showcasing the great variety of shapes and sizes of stellar systems during their prime planet
- 06/24/2020
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NASA’s Ingenuity Mars Helicopter unlike any other! All you need to know about this unique experiment
- According to NASA, the Ingenuity helicopter is not instrumental to the Mars 2020 mission and is only a demonstration of technology.
- 06/24/2020
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NASA's 10-year time lapse of sun: Watch a whole decade in video
- NASA's Solar Dynamics Observatory has been watching the Sun non-stop for over a full decade. The National Aeronautics and Space Administration's observatory has gathered as many as 450 million high-resolution images of the Sun, amassing 20 million gigabytes of data over the past 10 years.
- 06/24/2020
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CT Surpasses 400,000 Coronavirus Tests Administered
- CT Surpasses 400k Coronavirus Tests Administered - Across Connecticut, CT - Connecticut is 10th in the nation for most tests per capita.
- 06/24/2020
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NASA Discovers Youngest Hot Jupiter Planet, May Give Insight into Formation of Exotic world
- Named as HIP 67522, the young planet is a G0-type star located in the Centaurus constellation. It is also known by other names, including HD 120411, 2MASS J13500627-4050090 and TYC 7794-2268-1, and is located around 417 light-years away from us.
- 06/24/2020
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History in the Making: NASA to Launch its Ingenuity Helicopter on the Mars
- Here are the things you need to know.
- 06/24/2020
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The success of NASA’s Mars helicopter exploring Martian skies depends on the final five inches
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Existence of Two Giant Newborn Planets in PDS 70 System Confirmed by Astronomers
- New Direct Images Captured with W. M. Keck Observatory’s Upgraded Adaptive Optics System Lead to First Independent Confirmation of PDS 70 Protoplanets New evidence shows the first-ever pictures capturing the birth of a pair of planets orbiting the star PDS 70 are in fact authentic. Using a new
- 06/24/2020
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Investors Buy Large Volume of Call Options on Aerojet Rocketdyne (NYSE:AJRD)
- Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) saw unusually large options trading activity on Tuesday. Investors purchased 2,680 call options on the stock. This is an increase of approximately 360% compared to the typical daily volume of 582 call options. Several equities analysts have recently issued reports on the stock. TheStreet raised shares of Aerojet Rocketdyne from […]
- 06/24/2020
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38 deg C in Siberian town might be record high in Arctic
- Temperatures in Verkhoyansk, a remote Siberian town in the Arctic Circle, hit 38 deg C last Saturday, about 18 deg C above the average maximum daily reading in June. If confirmed, it would be the Arctic's hottest temperature on record, the BBC and other media reported.. Read more at straitstimes.com.
- 06/23/2020
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Easton Energy adds crude, NGL storage rights at Texas facility
- U.S. pipeline and storage operator Easton Energy is planning to expand its natural gas liquids and olefins storage at existing salt caverns along the Texas Gulf Coast and add crude storage capability.
- 06/23/2020
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Don’t sever hopes and dreams; fund community colleges to ensure economic recovery | Opinion
- New Jersey’s community colleges enroll over 325,000 students at more than 60 campuses, making them the largest provider of higher education in the state. Yet, New Jersey’s community colleges haven’t had an increase in state operating aid for ten years.
- 06/23/2020
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3 Things Virgin Galactic Stock Bulls Need to Happen Soon | The Motley Fool
- The space tourism business is getting a lot of attention, but it needs to keep moving forward.
- 06/23/2020
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CT Positive Coronavirus Rate Hovers Around 1 Percent
- CT Positive Coronavirus Rate Hovers Around 1% - Across Connecticut, CT - The state continues its trend of keeping the virus from spreading,
- 06/23/2020
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Virgin Galactic To Train 'Private Astronauts' For NASA
- Virgin can't fly to ISS itself, but it can help other folks prepare to make the trip.
- 06/23/2020
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Virgin Galactic Stock Soared Because There’s More Than Space Tourism After NASA Agreement
- Virgin Galactic shocked investors Monday, announcing a partnership with NASA. What it means for the stock.
- 06/22/2020
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Aerojet Rocketdyne Delivers 600th Boost Motor and Divert and Attitude Control System for THAAD
- HUNTSVILLE, Ala., June 22, 2020 -- Aerojet Rocketdyne has delivered the 600th Boost Motor and the 600th Divert and Attitude Control System (DACS) for the Terminal High Altitude.
- 06/22/2020
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Why Virgin Galactic Stock's Moonshot Move Didn't Lift the Stock Market Today | The Motley Fool
- Even good news for the space tourism business didn't make investors more comfortable about the overall market.
- 06/22/2020
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Virgin Galactic jumps on NASA deal for private trips to orbit - BNN Bloomberg
- Virgin Galactic Holdings Inc. surged after the company announced a deal with NASA to develop private trips to the International Space Station
- 06/22/2020
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Virgin Galactic Stock Is Soaring Because There’s More Than Space Tourism After NASA Agreement
- Virgin Galactic shocked investors Monday, announcing a partnership with NASA. What it means for the stock.
- 06/22/2020
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NASA's Hubble Space Telescope displays two stars going haywire; see pics
- "These new multi-wavelength Hubble observations provide the most comprehensive view to date of both of these spectacular nebulas. As I was downloading the resulting images, I felt like a kid in a candy store," said Joel Kastner of Rochester Institute of Technology.
- 06/22/2020
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The U.S. Should Expect the Saharan Dust Plume This Week, So How Does it Affect You?
- It's now in the Caribbean Sea.
- 06/22/2020
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Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
- Aerojet Rocketdyne Holdings (NYSE:AJRD) has had a rough week with its share price down 5.0%. However, a closer look at...
- 06/22/2020
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NASA detects asteroid bigger than Qutub Minar, Big Ben to fly past Earth on June 24
- Read more about NASA detects asteroid bigger than Qutub Minar, Big Ben to fly past Earth on June 24 on Devdiscourse
- 06/22/2020
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L'Oréal : acquisition de Thayers Natural Remedies
- (CercleFinance.com) - Le groupe L'Oréal annonce la signature d'un accord avec Henry Thayer Company, portant sur l'acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau
- 06/22/2020
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NASA's Next Quest Is to Visit Neptune's Triton
- NASA will explore Neptune's moon Triton as a new mission proposal.
- 06/22/2020
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En Amérique, les statues de Christophe Colomb déboulonnée s
- Plusieurs fois vandalisée, la statue de Christophe Colomb dans le Bell Park de Houston a fini, vendredi, par céder après avoir été enduite de sauce tomate. La statue avait été commandée par les org…
- 06/21/2020
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CT Coronavirus Updates: Hospitalizations Drop To 150
- CT Coronavirus Updates: Hospitalizations Drop To 1 - Across Connecticut, CT - Here are the latest town-by-town coronavirus cases, deaths and number of people tested in Connecticut.
- 06/21/2020
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Geode Capital Management LLC Purchases 31,625 Shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD)
- Geode Capital Management LLC lifted its position in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 3.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,010,715 shares of the aerospace company’s stock after acquiring an additional 31,625 shares during the quarter. Geode Capital Management LLC’s […]
- 06/21/2020
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NASA tweets ahead of Solar Eclipse and Summer Solstice
- Earth and the Moon are in a constant dance as they orbit the sun, the National Aeronautics and Space Administration (NASA) tweeted ahead of two special celestial events on Sunday, June 21, 2020. These are Summer Solstice and an annular solar eclipse.
- 06/20/2020
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CT Has Lowest Rate Of Coronavirus Transmission In Nation
- CT Coronavirus Updates: Infection Rate Lowest - Across Connecticut, CT - As several states in the United States are seeing a surge in coronavirus cases, Connecticuts numbers continue to drop across the board.
- 06/20/2020
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Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) Position Trimmed by Nuveen Asset Management LLC
- Nuveen Asset Management LLC trimmed its holdings in shares of Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) by 1.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 351,666 shares of the aerospace company’s stock after selling 5,835 shares during the period. Nuveen Asset Management LLC owned […]
- 06/20/2020
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These Stunning Images Caught by the Hubble Space Telescope Shows a Heartbreaking Process of Stars Dying
- The images are of NGC 6302 and NGC 7027.
- 06/19/2020
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America must build critical national security foundation for Space Force
- Leaders must invest in this service branch of the future.
- 06/19/2020
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CT Continues Coronavirus Hospitalization Drop
- CT Continues Coronavirus Hospitalization Drop - Across Connecticut, CT - Connecticut continues its trend of less hospitalizations, single-digit daily deaths and a low positive test rate.
- 06/19/2020
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Account for gender/sex to make PPE safer for women - STAT
- The personal protective equipment women need to do their jobs as health professionals, caretakers, and essential employees may not be designed for them.
- 06/19/2020
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Les valeurs à suivre vendredi 19 juin 2020 à Paris -
- (AOF) - ALSTOM
RATP Dev, ComfortDelGro Transit et Alstom ont annoncé jeudi soir la création d'un groupement pour répondre aux appels d'offres du Grand Paris Express. A cette occasion, les trois entreprises
- 06/19/2020
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International Space University Pays Homage To Late Bollywood Actor Sushant Singh Rajput
- The International Space University (ISU) has paid an endearing tribute to Bollywood actor Sushant Singh Rajput who committed suicide on June 14.
- 06/19/2020
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Cosmétiques : L'Oréal acquiert l'américain Thayers Natural Remedies
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Les valeurs à suivre demain à la Bourse de Paris Vendredi 19 juin 2020
- (AOF) - ALSTOM
RATP Dev, ComfortDelGro Transit et Alstom ont annoncé jeudi soir la création d'un groupement pour répondre aux appels d'offres du Grand Paris Express. A cette occasion, les trois entreprises
- 06/18/2020
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Cosmétiques: L'Oréal acquiert l'américain Thayers Natural Remedies | Zone bourse
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L'Oreal : L'Oréal signe un accord pour l'acquisition de Thayers Natural Remedies, une marque américaine de ... | Zone bourse
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L'OREAL signe un accord pour l’acquisition de Thayers Natural Remedies
- (AOF) - L’Oréal a annoncé la signature d’un accord avec Henry Thayer Company pour l’acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau. Implantée à Easton (Connecticut),
- 06/18/2020
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L'Oreal : L'Oréal signe un accord pour l'acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau | Zone bourse
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L'OREAL signe un accord pour l'acquisition de Thayers Natural Remedies
- (AOF) - L'Oréal a annoncé la signature d'un accord avec Henry Thayer Company pour l'acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau. Implantée à Easton (Connecticut), Thayers Natural Remedies offre une gamme de produits de grande qualité, notamment des lotions toniques et astringentes et a réalisé un chiffre d'affaires de 44 millions de dollars en 2019
- 06/18/2020
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L'Oréal : Communiqué : 'L'Oréal signe un accord pour l'acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau' | Zone bourse
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Hedge Funds Are Nibbling On Aerojet Rocketdyne Holdings Inc (AJRD)
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/18/2020
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CT Coronavirus Hospitalizations Drop Below 200
- CT Coronavirus Hospitalizations Drop Below 200 - Across Connecticut, CT - Connecticut also had its third straight day of single-digit reported coronavirus deaths.
- 06/18/2020
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NASA's Next Mars Rover Gives Tribute to Healthcare Workers
- NASA's New Mars Rover features the medical community's staff and serpent symbol holding up Earth.
- 06/18/2020
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L'Oréal : Communiqué : "L'Oréal signe un accord pour l’acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau"
- L'Oréal signe un accord pour l’acquisition de Thayers Natural Remedies, une marque américaine de soin de la peau Clichy, le 18 juin 2020 – L’Oréal...
- 06/18/2020
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Analysts Have Conflicting Sentiments on These Technology Companies: Oracle (NYSE: ORCL), Kratos Defense (NASDAQ: KTOS) and Splunk (NASDAQ: SPLK) - Markets
- Analysts have been eager to weigh in on the Technology sector with new ratings on Oracle (ORCL – Research Report),
- 06/17/2020
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Officials break ground on Mistletoe Hall Commerce-Business Park
- The Town of Easton announces the groundbreaking of a new industrial park, Mistletoe Hall Commerce-Business Park.
EASTON, Md. (PRWEB) June 16, 2020
The 86-acre, Town-owned Mistletoe Farm property -located on Goldsborough Neck Road adjacent to the Easton Airport - was subdivided to create seven industrially zoned parcels and offers prime real estate to new or expanding businesses.
Said Mayor Robert C. Willey, "We are proud to begin construction of the Mistletoe Hall Commerce Business-Park. This project would not have been possible without our local, regional, state, and federal partners. It is through this collaboration that we are building a stronger business environment not only for Easton but for the entire eastern shore of Maryland."
In addition to funding from the Town of Easton, the U.S. Department of Commerce (USDOC) Economic Development Administration (EDA) awarded a $2.2 million grant to support the build-out of critical infrastructure, including roads and utilities. Linda Cruz-Carnall, Philadelphia Regional Director of the USDOC EDA, states, "Mistletoe Hall Commerce-Business Park allows for business expansion and could serve as an economic engine for the community. [...] This project very much aligns with the [Economic Development Administration's] priorities. We are delighted to celebrate the successful start of construction on site."
In partnership with the Town of Easton, Talbot County applied for and received two Rural Maryland Prosperity Investment Fund infrastructure grants through the Rural Maryland Council to begin improvements to Goldsborough Neck Road to support this project. The road from Glebe Road to the entrance of Mistletoe Hall is being widened and improved to allow for the traffic that will be generated by the property's...
- 06/17/2020
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Intnl Space Univ, John Cena remember Sushant Singh Rajput; Amul tweets special tribute
- International tributes poured in for the actor who passed away on Sunday.
- 06/16/2020
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International Space University pays tributes to Sushant Singh Rajput
- According to an official, Mumbai Police found out during the probe that the 34-year-old actor was under medication for depression.
- 06/16/2020
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France's International Space University pays homage to late Bollywood actor Sushant
- According to PTI, the official Twitter handle of ISU on June 15 tweeted how Rajput was supposed to visit the campus last year but was unable to due to scheduling conflict.
- 06/16/2020
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Aerojet Rocketdyne CEO Eileen Drake Named to National Space Council Users’ Advisory Group
- EL SEGUNDO, Calif., June 16, 2020 -- Vice President Mike Pence recently announced the appointment of Aerojet Rocketdyne CEO and President Eileen Drake as one of the five new.
- 06/16/2020
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International Space University Pays Heart-warming Tributes To Sushant Singh Rajput
- The official Twitter handle of ISU on Monday tweeted how Sushant Singh Rajput was supposed to visit the campus last year but was unable to due to scheduling conflict.
- 06/16/2020
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For Astronomy Buff Sushant Singh Rajput, A Tribute From France's International Space University
- "We are deeply saddened by the dramatic news on the death of well-known Indian actor Sushant Singh Rajput," tweeted ISU on Monday
- 06/16/2020
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International Space University pays tribute to Sushant Singh Rajput: His memory will remain
- International Space University's official Twitter handle shared a note remembering Sushant Singh Rajput.
- 06/16/2020
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International Space University pays tributes to Sushant Singh Rajput
- The International Space University (ISU) in France has paid homage to Sushant Singh Rajput in a statement, saying the news of the actor's death was "deeply saddening".
"We are deeply saddened by the dramatic news on the death of well known Indian actor Sushant Singh Rajput.
- 06/16/2020
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Asteroid 2020LD Zoomed Between Earth and Moon and Nobody Knew About it Until the Flyby
- If it hit Earth, it would have caused a nuclear-sized explosion.
- 06/16/2020
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How people in Bristol are stripping the city of Edward Colston themselves
- From St Andrews to Stapleton...
- 06/16/2020
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On the Market: Impeccably maintained Easton ranch offers convenient location, lots of charm
- EASTON - The beige ranch house with black shutters at 60 Flat Rock Drive in Lower Easton offers "casual, yet refined single-level living," according to the listing agent. The spacious, "impeccably maintained" ranch features 3,583 square feet of living and entertaining space, and "loads of charm," she said.
It is located on a lightly wooded, park-like property in a convenient location only minutes from the Merritt Parkway, the center of the town, schools, and it is within a very short distance of Sherwood Farm and Silverman's Farm. That's a real bonus this time of year as fruits and vegetables of all kinds are harvested between now and late fall. A trip to these farms nets fresh produce, eggs, and other locally grown or produced items, like honey and maple syrup.
With almost an acre of level land, the homeowners can have vegetable gardens of their own and plenty of space left over for lawn games, sporting activities and entertaining family and friends.
A fieldstone wall sits on the front lawn running the length of the house. Behind it is attractive landscaping along the front of the house and a path from the driveway to the front door. The covered front entrance is framed with dentil molding and two square fluted columns, offering a hint of the refinement to be found inside. The house was built in 1968 and has clearly undergone updates not just in function but appearance. Carefully chosen colors on the walls of each room reflect a trend away from monochromatic grays and toward earth tones; forward in fashionable home décor yet still neutral.
The front door opens into a foyer with flooring that resembles slate. To the right is the formal dining room and to the left is the formal living room. Both rooms feature large, multi-paned windows...
- 06/15/2020
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