Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Aerojet Rocketdyne Selected by Lockheed Martin to Power Additional THAAD Interceptors By: Aerojet Rocketdyne, Inc. via GlobeNewswire March 27, 2023 at 13:58 PM EDT HUNTSVILLE, Ala., March 27, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a new contract by Lockheed Martin to produce additional solid rocket motors and Divert and Attitude Control Systems (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system for the Missile Defense Agency. The contract includes interceptor propulsion for U.S. government lots 13/14 as well as Foreign Military Sales. THAAD is one of the nation’s primary defenses against short, medium and intermediate-range missiles. “For more than two decades, Aerojet Rocketdyne has powered THAAD, a missile defense system that protects our nation, our military service members and our allies,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Precision in everything we do is paramount, and we continue our longstanding focus on producing the highest quality products for our customers in support of our nation’s critical defense needs.” A land-based element of the Missile Defense Agency’s Missile Defense system, built by Lockheed Martin, the THAAD weapon system shields deployed U.S. and allied forces and critical infrastructure from missile attacks. The combat-proven system has a 100% success rate in intercept tests—16 intercepts in 16 tests—since production began. The THAAD solid rocket boost motor is manufactured at Aerojet Rocketdyne’s Advanced Manufacturing Facility in Huntsville, Alabama and at the company’s Solid Rocket Motor Center of Excellence in Camden, Arkansas. The DACS, a highly-responsive thruster system that keeps THAAD’s kinetic kill vehicle on target during the latter stages of an intercept, is manufactured in the company’s Los Angeles, California facility. 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:Jessica Carlton, Aerojet Rocketdyne, 256-690-9626jessica.carlton@rocket.comEileen Lainez, Aerojet Rocketdyne, 571-239-7839eileen.lainez@rocket.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/788a439b-77b2-4b14-acb9-0f5307653fd8 Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Aerojet Rocketdyne Selected by Lockheed Martin to Power Additional THAAD Interceptors By: Aerojet Rocketdyne, Inc. via GlobeNewswire March 27, 2023 at 13:58 PM EDT HUNTSVILLE, Ala., March 27, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a new contract by Lockheed Martin to produce additional solid rocket motors and Divert and Attitude Control Systems (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system for the Missile Defense Agency. The contract includes interceptor propulsion for U.S. government lots 13/14 as well as Foreign Military Sales. THAAD is one of the nation’s primary defenses against short, medium and intermediate-range missiles. “For more than two decades, Aerojet Rocketdyne has powered THAAD, a missile defense system that protects our nation, our military service members and our allies,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Precision in everything we do is paramount, and we continue our longstanding focus on producing the highest quality products for our customers in support of our nation’s critical defense needs.” A land-based element of the Missile Defense Agency’s Missile Defense system, built by Lockheed Martin, the THAAD weapon system shields deployed U.S. and allied forces and critical infrastructure from missile attacks. The combat-proven system has a 100% success rate in intercept tests—16 intercepts in 16 tests—since production began. The THAAD solid rocket boost motor is manufactured at Aerojet Rocketdyne’s Advanced Manufacturing Facility in Huntsville, Alabama and at the company’s Solid Rocket Motor Center of Excellence in Camden, Arkansas. The DACS, a highly-responsive thruster system that keeps THAAD’s kinetic kill vehicle on target during the latter stages of an intercept, is manufactured in the company’s Los Angeles, California facility. 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:Jessica Carlton, Aerojet Rocketdyne, 256-690-9626jessica.carlton@rocket.comEileen Lainez, Aerojet Rocketdyne, 571-239-7839eileen.lainez@rocket.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/788a439b-77b2-4b14-acb9-0f5307653fd8
HUNTSVILLE, Ala., March 27, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a new contract by Lockheed Martin to produce additional solid rocket motors and Divert and Attitude Control Systems (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system for the Missile Defense Agency. The contract includes interceptor propulsion for U.S. government lots 13/14 as well as Foreign Military Sales. THAAD is one of the nation’s primary defenses against short, medium and intermediate-range missiles. “For more than two decades, Aerojet Rocketdyne has powered THAAD, a missile defense system that protects our nation, our military service members and our allies,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Precision in everything we do is paramount, and we continue our longstanding focus on producing the highest quality products for our customers in support of our nation’s critical defense needs.” A land-based element of the Missile Defense Agency’s Missile Defense system, built by Lockheed Martin, the THAAD weapon system shields deployed U.S. and allied forces and critical infrastructure from missile attacks. The combat-proven system has a 100% success rate in intercept tests—16 intercepts in 16 tests—since production began. The THAAD solid rocket boost motor is manufactured at Aerojet Rocketdyne’s Advanced Manufacturing Facility in Huntsville, Alabama and at the company’s Solid Rocket Motor Center of Excellence in Camden, Arkansas. The DACS, a highly-responsive thruster system that keeps THAAD’s kinetic kill vehicle on target during the latter stages of an intercept, is manufactured in the company’s Los Angeles, California facility. 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:Jessica Carlton, Aerojet Rocketdyne, 256-690-9626jessica.carlton@rocket.comEileen Lainez, Aerojet Rocketdyne, 571-239-7839eileen.lainez@rocket.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/788a439b-77b2-4b14-acb9-0f5307653fd8