Aerojet Rocketdyne Holdings, Inc. (AJRD) News

Aerojet Rocketdyne Holdings, Inc. (AJRD): $57.99

0.81 (+1.42%)

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AJRD News Highlights

  • AJRD's 30 day story count now stands at 8.
  • Over the past 18 days, the trend for AJRD's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • ZEUS and MET are the most mentioned tickers in articles about AJRD.

Latest AJRD News From Around the Web

Below are the latest news stories about AEROJET ROCKETDYNE HOLDINGS INC that investors may wish to consider to help them evaluate AJRD as an investment opportunity.

Q2 2023 L3Harris Technologies Inc Earnings Call

Q2 2023 L3Harris Technologies Inc Earnings Call

Yahoo | July 28, 2023

STEEL PARTNERS HOLDINGS L.P. Reduces Stake in Aerojet Rocketdyne Holdings Inc

STEEL PARTNERS HOLDINGS L.P. (Trades, Portfolio), a prominent investment firm, recently made a significant transaction in its portfolio. The firm reduced its stake in Aerojet Rocketdyne Holdings Inc (NYSE:AJRD), a leading manufacturer of aerospace and defense products. This article will delve into the details of the transaction, provide an overview of the guru and the traded company, and analyze the potential implications of this move for value investors.

Yahoo | July 28, 2023

Madison Square Garden Sports Set to Join S&P SmallCap 600

Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 1. S&P 500 constituent L3Harris Technologies Inc. (NYSE:LHX) is acquiring Aerojet Rocketdyne in a deal that is expected to close on July 28, pending final conditions.

Yahoo | July 27, 2023

L3Harris says deal for Aerojet gets go-ahead from U.S. regulator

The company also raised its full-year forecasts for revenue and profit as the Ukraine war drives up demand for defense equipment. U.S. Senator Elizabeth Warren and some other lawmakers had urged the Defense Department to thoroughly review the proposed deal, saying it could impact the operations of Lockheed Martin, Raytheon and Boeing - all of which depend on products that only Aerojet is able to produce.

Yahoo | July 26, 2023

Elizabeth Warren cites competition, national security in call to block Aerojet Rocketdyne sale to L3Harris

Sen. Elizabeth Warren and some other lawmakers are calling on the Department of Defense to block the proposed $4.7 billion sale of Aerojet Rocketdyne Holdings Inc. to L3Harris Technologies Inc.

Yahoo | July 12, 2023

Will Rocket Maker Deal Mean More Stingers, Javelins for Ukraine?

Sen. Elizabeth Warren and three other lawmakers have asked the Pentagon to block L3Harris Technologies’ proposed $4.7 billion purchase of Aerojet Rocketdyne.

Yahoo | July 11, 2023

US Senator Warren, others warn against L3Harris plan to buy Aerojet

U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers on Tuesday to urge the Defense Department to thoroughly review defense contractor L3Harris Technologies' $4.7 billion deal for Aerojet Rocketdyne Holdings . The Defense Department is influential with the antitrust agencies on decisions about approving deals that touch on military issues, and often take too soft an approach, Warren and the other lawmakers wrote. "Lockheed Martin, Raytheon, and Boeing are all dependent on products that only Aerojet is able to produce, and their operations could be hamstrung by its acquisition," they wrote.

Yahoo | July 11, 2023

Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Motor for Kratos’ Zeus Program

Zeus 1 Motor Test Successful test of the Zeus 1 solid rocket motor for Kratos at Aerojet Rocketdyne’s Camden, Arkansas facility 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. “Congratulations to the Aerojet Rocketdyne and Kratos teams for this outstanding achievement,” said Eileen P. Drake, Aeroje

Yahoo | July 10, 2023

Q1 Was Bad for L3Harris -- and Things Could Get Worse

L3Harris is no bargain among defense stocks already, and buying Aerojet is the wrong solution to its problems.

Yahoo | June 26, 2023

Tech Startup Targets Missile Motors as Silicon Valley Moves Into Weapons

Anduril’s purchase of a solid rocket engine maker marks a further pivot from software to military hardware.

Yahoo | June 25, 2023

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