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Aerojet Rocketdyne is a subsidiary of American defense company L3Harris that manufactures rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications. [ 3 ] [ 4 ] [ 2 ] Aerojet traces its origins to the General Tire and Rubber Company (later renamed GenCorp, Inc. as it diversified) established in ...
The head of Melbourne-based defense contractor L3Harris Technologies announced the Federal Trade Commission would not stand in the way of its takeover of fellow aerospace giant Aerojet Rocketdyne.
Industrial conglomerate General Electric Co (NYSE: GE) and defense contractor L3Harris Technologies, Inc (NYSE: LHX) were among those competing to acquire rocket maker Aerojet Rocketdyne Holdings ...
The announcement comes a day after Reuters reported Lockheed had raised concerns with the U.S. Defense Department and the Federal Trade Commission (FTC) about L3Harris' acquisition of Aerojet.
In 1973, Rocketdyne repurchased the Air Force Plant No. 56 property, thereby ending the government designation. The Space Shuttle program ended in 2011, and further reductions followed. Pratt and Whitney retained ownership of the Canoga property when Rocketdyne was sold to Aerojet in 2013; the remaining property measured roughly 47 acres with ...
2005, Boeing's Rocketdyne division, which was merged into the Pratt & Whitney business unit and renamed Pratt & Whitney Rocketdyne (later sold to Aerojet) and merged into Aerojet Rocketdyne. 2008,NORESCO, an energy service company, acquired by UTC's Carrier Corporation d [35] 2009, a 49.5% stake in Clipper Windpower for $206 million.
In early 2016, the U.S. Air Force awarded a US$115 million contract to Aerojet Rocketdyne for development of the AR1 engine to be completed in 2019. Contract options could increase government funding up to $536 million. [14] [15] [16] [2] Aerojet had received US$228 million in funding for AR1 through June 2017. [17]
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