DARPA, Army Select These Three Companies For Hypersonic Missile Propulsion [zero hedge]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: zero hedge
A joint program by the Defense Advanced Research Project Agency (DARPA)/ US Army Operational Fires (OpFires) has picked a total of three defense companies to develop and demonstrate a novel ground-launched system enabling hypersonic boost-glide weapons to penetrate the world's most advanced air defenses and quickly and accurately engage critical time-sensitive enemy targets.Aerojet Rocketdyne, Exquadrum, and Sierra Nevada Corporation have each received contracts to immediately start work on design and development for the next generation of propulsion systems that will power America's hypersonic weapons, DARPA announced on Friday.DARPA/OpFires program manager US Army major Amber Walker said: “OpFires represents a critical capability development in support of the Army's investments in long-range precision fires."“These awards are the first step in the process to deliver this capability in support of US overmatch," Walker added.DARPA/OpFires program plans for a mobile ground-based launch
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