Aerojet Concentrates Solid Rocket Motor Work At Camden, Arkansas In Bid To Bolster Competitive Positioning [Forbes]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: Forbes
Camden, Arkansas isn’t the most obvious place to become a hub of aerospace innovation. Seat of rural Ouachita County in the state’s south-central region, Camden has been steadily losing population since a big paper mill closed in the 1990s. Its predominantly African American population today numbers no more than 11,000.However, a combination of market forces and corporate strategizing has led Aerojet Rocketdyne, the nation’s most diversified rocket and missile propulsion company, to designate Camden as its “Center of Excellence” for solid rocket motors.Solid rocket motors are used on everything from space launch vehicles to tactical missiles, thanks to their combination of high energy and low volatility. Liquid fuel is less stable and thus not suited to applications in which motors may need to be stored for long stretches of time.For instance, the Minuteman III intercontinental ballistic missiles that sit in underground silos scattered across the upper Midwest rely on solid rocket mot
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